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BusinessQuiet 8d · day 12

Palantir's commercial revenue overtakes government sales for first time

Q3 revenue jumped 96% to $2.31B and beat estimates, but AI-stock jitters kept the stock volatile.

What to know

  • Palantir's U.S. commercial revenue ($984M, up 148%) surpassed U.S. government revenue ($953M) for the first time, a milestone framed as a turning point in the company's AI business.
  • Q3 revenue rose 96% year-over-year to $2.31 billion, beating the $2.18 billion Wall Street estimate; FY2026 revenue guidance was raised to roughly $8.53 billion.
  • Despite the beat, Palantir shares were volatile as a broader selloff in AI-related tech stocks tested investor confidence in the company's high valuation.

Palantir Technologies Data-analytics and AI software companyU.S. commercial customers Palantir's fastest-growing customer segmentU.S. government Palantir's traditional largest customer segmentWall Street analysts Investors and analysts covering Palantir

Palantir's commercial revenue overtakes government sales for first time
Seeking Alpha

How it unfolded 5 developments, newest first · click a bar or a number to jump articlesposts

Peak 42 pieces in 3h at Nov 2, 1 PM; 85 pieces over 12 days (69 articles · 10 posts · 6 comments) Oct 30, 8 AM — 1 piece · 1 article — Newswires 1Oct 30, 11 AM — quietOct 30, 2 PM — quietOct 30, 5 PM — quietOct 30, 8 PM — quietOct 30, 11 PM — quietOct 31, 2 AM — quietOct 31, 5 AM — quietOct 31, 8 AM — quietOct 31, 11 AM — quietOct 31, 2 PM — quietOct 31, 5 PM — quietOct 31, 8 PM — quietOct 31, 11 PM — quietNov 1, 1 AM — quietNov 1, 4 AM — 4 pieces · 4 articles — Google News 4Nov 1, 7 AM — quietNov 1, 10 AM — quietNov 1, 1 PM — quietNov 1, 4 PM — quietNov 1, 7 PM — quietNov 1, 10 PM — quietNov 2, 1 AM — quietNov 2, 4 AM — quietNov 2, 7 AM — 5 pieces · 5 articles — Google News 5Nov 2, 10 AM — quietNov 2, 1 PM — 42 pieces · 37 articles · 5 posts — Newswires 31, Google News 6, Reddit 3, +2 moreNov 2, 4 PM — 15 pieces · 10 articles · 3 posts · 2 comments — Google News 9, Reddit 4, Mastodon 1, +1 moreNov 2, 7 PM — 2 pieces · 2 articles — Newswires 2Nov 2, 10 PM — 4 pieces · 4 comments — Reddit 4Nov 3, 1 AM — 2 pieces · 2 articles — Newswires 2Nov 3, 4 AM — 5 pieces · 5 articles — Google News 4, Newswires 1Nov 3, 7 AM — 3 pieces · 2 articles · 1 post — Google News 1, Reddit 1, Newswires 1Nov 3, 10 AM — 1 piece · 1 article — Google News 1Nov 3, 1 PM — quietNov 3, 4 PM — quietNov 3, 7 PM — quietNov 3, 10 PM — quietNov 4, 1 AM — 1 piece · 1 post — Reddit 1Nov 4, 4 AM — quietNov 4, 7 AM — quietNov 4, 10 AM — quietNov 4, 1 PM — quietNov 4, 4 PM — quietNov 4, 7 PM — quietNov 4, 10 PM — quietNov 5, 1 AM — quietNov 5, 4 AM — quietNov 5, 7 AM — quietNov 5, 10 AM — quietNov 5, 1 PM — quietNov 5, 4 PM — quietNov 5, 7 PM — quietNov 5, 10 PM — quietNov 6, 1 AM — quietNov 6, 4 AM — quietNov 6, 7 AM — quietNov 6, 10 AM — quietNov 6, 1 PM — quietNov 6, 4 PM — quietNov 6, 7 PM — quietNov 6, 10 PM — quietNov 7, 1 AM — quietNov 7, 4 AM — quietNov 7, 7 AM — quietNov 7, 10 AM — quietNov 7, 1 PM — quietNov 7, 4 PM — quietNov 7, 7 PM — quietNov 7, 10 PM — quietNov 8, 1 AM — quietNov 8, 4 AM — quietNov 8, 7 AM — quietNov 8, 10 AM — quietNov 8, 1 PM — quietNov 8, 4 PM — quietNov 8, 7 PM — quietNov 8, 10 PM — quietNov 9, 1 AM — quietNov 9, 4 AM — quietNov 9, 7 AM — quietNov 9, 10 AM — quietNov 9, 1 PM — quietNov 9, 4 PM — quietNov 9, 7 PM — quietNov 9, 10 PM — quietYesterday, 1 AM — quietYesterday, 4 AM — quietYesterday, 7 AM — quietYesterday, 10 AM — quietYesterday, 1 PM — quietYesterday, 4 PM — quietYesterday, 7 PM — quietYesterday, 10 PM — quietToday, 1 AM — quietToday, 4 AM — quiet ◂ 1 earlier23–5
Oct 31Nov 1Nov 2Nov 3Nov 4Nov 5Nov 6Nov 7Nov 8Nov 9now · 5:43 AM ET
  1. 5

    Palantir shares swing as broader AI stock selloff spreads

    Despite the earnings beat and raised guidance, Palantir shares rose then fell as a selloff spread across other AI-related tech stocks, reflecting investors' sensitivity to the company's high valuation.

    “Palantir Technologies shares rose 1.5% before falling amid a spreading AI selloff in other tech stocks.”
    — Fortune
    1. first by MarketWatch, 8d ago · also Dow Jones Newswires

    2. first by Business Insider, 7d ago

    1 more claim →
    • To be extra clear, "Piloted" is a loadbearing word here. The reason they need the systems to be AI is that neither Pete nor Stevie have the necessary motor skills nor coordination to do anything that'd resemble an action we warm-blooded humans recognize as piloting. So they need the equivalent of giving your younger cousin an unplugged controller…

      Bellickr/wallstreetbets8d agoview on r/wallstreetbets ↗
    2 more of the top 3 · 7 posts in this stretch
    • Palantir’s posts ‘highest-ever’ revenue growth rate of 96% to $2.3 billion as investors’ patience rests on a hair trigger https:// fortune.com/2026/11/02/palanti r-q3-results-stock-ai-trade-selloff/?utm_source=flipboard&utm_medium=activitypub Posted into Business @ business-thenewsdesk

      thenewsdesk@flipboard.comMastodon8d agoview on Mastodon ↗
    • They can make +1000%, I just saw a world ready to fund a company which the CEO is proud to genocide Gaza, and to collect data from gaza for next wars ... And their dream is to make USA like China : all cities under monitoring to avoid all protestation ...

      SidonyDr/wallstreetbets8d agoview on r/wallstreetbets ↗
    all of them →
  2. 4

    Palantir posts 96% revenue growth and raises FY2026 guidance

    Palantir reported Q3 revenue of $2.313 billion, up 96% year-over-year and above the $2.18 billion Wall Street estimate, and raised its full-year 2026 revenue guidance to roughly $8.53 billion.

    “Palantir Technologies Inc. gave a forecast for full-year revenue that beat Wall Street's expectations, buoyed by surging demand for the company's data analytics tools.”
    — Bloomberg
    1. first by The Times, 8d ago · also Seeking Alpha

      1 more headline
    2. 2 outlets first by Palantir IR, 8d ago · also CNBC · read ↗

    6 more claims →
  3. 3

    Palantir's US commercial revenue overtakes government revenue

    U.S. commercial revenue jumped 148% to $984 million, surpassing U.S. government revenue of $953 million for the first time, a shift MarketWatch described as a turning point for the AI business model.

    “The U.S. commercial business brought in more money than the U.S. government segment in the third quarter.”
    — MarketWatch
    1. 6 outlets first by Wall Street Journal, 8d ago · also SiliconANGLE, Dow Jones Newswires, Yahoo Finance, Bloomberg, WSJ US Business · read ↗

    2. first by MarketWatch, 8d ago

    1 more claim →
    • Palantir, $PLTR, earnings: - EPS: $0.44, est: $0.41 - Revenue: $2.31 billion, est: $2.18 billion

      @unusual_whalesX8d ago77▲view on X ↗
  4. 2

    Analysts debate how far Palantir stock could move on earnings

    Pre-earnings coverage highlighted traders' expectations for a large post-earnings price swing and divided analyst views on Palantir's stock trajectory into 2027.

    1. first by Coinpedia Fintech News, 8d ago

    2. first by The Motley Fool, 8d ago

    1 more claim →
  5. 2 days quiet
  6. 1

    Wall Street splits on Palantir's valuation ahead of earnings

    Ahead of the Q3 report, coverage described strong demand signals for Palantir's software alongside persistent concerns that the stock's valuation had run far ahead of fundamentals.

    1. first by Channel NewsAsia, 8d ago · also Reuters

      1 more headline
    2. 1 outlet first by Yahoo Finance, 8d ago · read ↗

    1 more claim →

Also covered reported alongside — the timeline has no entry for these yet

  1. first by The Globe and Mail, 8d ago · also Investing.com News, Motley Fool

    2 more headlines
  2. first by The Globe and Mail, 8d ago · also Motley Fool

  3. first by The Globe and Mail, 8d ago

    1 more headline

and 15 smaller pieces

What people are saying 4 voices from 1 site · best of 8 · verbatim