Palantir Technologies reported outstanding Q2 2025 results, achieving a significant revenue milestone with $1.004 billion, marking its first-ever quarter surpassing one billion in revenue. The company’s revenue grew nearly 50% year-over-year, with U.S. revenue increasing 68% year-over-year to $733 million. The increase stemmed largely from government contracts, contributing $426 million. Analysts had predicted lower earnings, but Palantir exceeded expectations with an adjusted EPS of 16 cents compared to the expected 14 cents. Looking to Q3, Palantir anticipates continued strong performance fueled by ongoing government contracts and operational advancements.
Palantir reported its Q2 2025 earnings, achieving a revenue intake of $1.004 billion, marking the company's first quarterly revenue over a billion dollars.
U.S. revenue surged by 68% year-over-year, driven by government contracts, which totaled $426 million in quarterly earnings.
Palantir's earnings exceeded analyst expectations with an EPS of 16 cents, surpassing the forecast of 14 cents per share.
The company's revenue growth was bolstered by government contracts influenced by operational changes from the previous administration.
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