Palantir Revenue Hits $2.3 Billion in Q3

Palantir reported Q3 2026 revenue of $2.313 billion, a 96% year-over-year increase, surpassing $2 billion quarterly for the first time. U.S. commercial revenue reached $984 million, overtaking government sales at $953 million. The company posted $1.128 billion in GAAP net income with a 49% margin, though total contract value grew only 6% due to shorter deal durations.