Palantir Technologies Inc. Q2 FY2026 Earnings Call

Palantir Technologies Inc. (PLTR)

Earnings Call FY2026 Q2 Call date: 2026-08-03 Concluded

Quarter scorecard

Revenue

$1.94B

+92.8% YoY

Diluted EPS

$0.41

+215.4% YoY

Gross margin

84.7%

+3.9 pp YoY

Net income

$1.06B

+225% YoY

Revenue Above

Reported actuals vs. the guidance issued for this quarter at earlier calls.

Government Operating Segment $990.03M

+79%

Commercial Operating Segment $945.43M

+109.8%

from the 8-K filed Aug 3, 2026

Metric	Period	Guided	Basis
Revenue Initiated Q3 2026	Q3 2026	$2.16B – $2.16B	—
Adjusted income from operations Initiated Q3 2026	Q3 2026	$1.29B – $1.3B	Non-GAAP
Revenue Raised full year 2026	full year 2026	$8.15B – $8.16B	—
Adjusted income from operations Raised full year 2026	full year 2026	$4.89B – $4.9B	Non-GAAP
U.S. commercial revenue Initiated full year 2026	full year 2026	at least $3.42B	—
Adjusted free cash flow Raised full year 2026	full year 2026	$4.5B – $4.7B	Non-GAAP