Palantir Q1 revenue rises 85% to $1.63 billion; full-year revenue guidance raised
Palantir reported first-quarter 2026 revenue of $1.633 billion, up 85% from a year earlier, with GAAP net income of $871 million and GAAP diluted earnings per share of $0.34. The company raised its full-year 2026 revenue guidance to $7.650 billion to $7.662 billion and expects GAAP operating income and net income in each quarter of this year, which signals continued growth for shareholders.
Key points
- Q1 2026 revenue of $1.633 billion, up 85% year over year; U.S. revenue of $1.282 billion, up 104%
- GAAP net income of $871 million; GAAP diluted EPS of $0.34, compared with $0.08 in Q1 2025
- Full-year 2026 revenue guidance raised to $7.650 billion to $7.662 billion; Q2 2026 revenue guidance of $1.797 billion to $1.801 billion
- Cash from operations of $899 million; cash, cash equivalents, and short-term U.S. Treasury securities of $8.0 billion
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 04, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.