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PLTR · Q3 2026

Palantir Technologies Inc.

Reported 2026-08-03
BEAT
51EarnIQ signal
↗

Confidence rising

Mild quarter-over-quarter shift

Palantir's explosive 93% revenue growth and raised guidance confirm accelerating AI commercial adoption.

  • ✓Guidance was raised, with high specificity.
  • ✓Management tone registered as confident (95/100).
  • ✓EarnIQ detected 0 potential management deflections.
Headline–confidence gap

Headline confirmed

Management confidence reinforces the reported beat.

EPS: reported vs expected+15.7%$0.41 vs $0.35
Revenue: reported vs expected+5.1%$1.9B vs $1.8B
Guidance specificityHighRaised
Market expectations supplied by Finnhub · Reported vs consensus estimate

Demand for AI sovereignty has now been unleashed. And Palantir is the only company that has demonstrated it can transform tokens into actual economic value.

Premium intelligence

The evidence behind the signal

Full report
Management language

Why confidence moved

“Demand for AI sovereignty has now been unleashed.”
“This quarter was otherworldly: our U.S. commercial revenue grew 149% year-over-year, our overall revenue grew 93% year-over-year, and our Rule of 40 score climbed to 155%.”
“The sovereign AI revolution makes us very optimistic about the future”
Guidance specificity
90/100

High specificity

Management raised full-year 2026 revenue guidance to between $8.150 and $8.158 billion and adjusted income from operations to between $4.889 and $4.897 billion.

Pressure point
!

Potential volatility in international government

0 potential deflections detected in management communication.

Narrative break

What changed

Strong emphasis on 'AI sovereignty' ensuring customer operations and data do not become training data for future models.

Q&A evidence

Management responses

No material Q&A deflections were detected.

Key positives
  • U.S. commercial revenue grew 149% year-over-year and 28% quarter-over-quarter to $764 million.
  • Closed 220 deals of at least $1 million, including 98 deals of at least $5 million and 73 deals of at least $10 million.
  • Rule of 40 score climbed to an exceptional 155% with GAAP operating margin at 47%.
Key risks
  • Potential volatility in international government deal closures and lengthy, unpredictable sales cycles.
  • Risks associated with the use of artificial intelligence in platforms, including data privacy and regulatory scrutiny.
  • Macroeconomic and geopolitical events, fluctuating interest rates, and monetary policy changes affecting customer spending.
Topic velocity

Language versus prior quarter

M&ANew
CostNew
ChinaNew
MarginNew
RecordNew
iPhoneNew
Signal composition

What drove the EarnIQ score

Tone+20
Eps Beat+0
Guidance+15
New Signal+8
Miss Penalty+0
Qoq Improvement+8
Deflection Penalty+0