PLTR
The numbers were not subtle
Palantir came out swinging in Q1 2026, reporting revenue growth of 85% year over year and a jaw-dropping 104% surge in U.S. revenue. That’s not a gentle beat; that’s the kind of quarter that makes spreadsheets sit up straight.
Management is leaning all the way in
The company also raised its full-year 2026 revenue guidance to 71% growth, while U.S. commercial revenue guidance was lifted to 120% growth. In other words, Palantir isn’t just benefiting from the AI boom — it’s trying to convince investors it’s still one of the cleanest ways to play it.
Why investors should care
This matters because Palantir’s valuation has always depended on the market believing the growth machine can keep humming. A quarter like this gives the bulls fresh ammo and makes the bears look like they’ve been yelling at a freight train.
- U.S. business more than doubled
- Rule of 40 score hit 145%
- Full-year revenue guidance got a meaningful boost
Big picture: when a company is already priced like a future legend, it has to keep delivering numbers that feel a little unfair. Palantir just did exactly that.