Palantir’s stock gains as ‘bombastic’ AI demand fuels an earnings milestone

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Earnings Results

Quarterly revenue surpassed $1 billion for the first time and accelerated for the eighth quarter in a row

Published: Aug. 4, 2025 at 4:07 p.m. ET

Shares of Palantir Technologies Inc. were rising 2% in afterhours trading on Monday after the company’s second-quarter earnings results crushed Wall Street’s expectations — with management projecting even bigger growth ahead. 

The company PLTR reported June-quarter revenue of $1 billion — up 48% from the previous year, and the first time Palantir’s quarterly revenue has surpassed that mark. That marked the eighth quarter in a row that overall revenue accelerated, and Palantir expects that trend to continue, with its third-quarter guidance implying the potential for 50% growth.

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