Palantir crushes earnings as U.S. AI demand sends revenue soaring 93% and prompts another guidance hike | Fortune0

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• August 4, 2026

Palantir blew past Wall Street’s financial targets in its second quarter and forecast strong growth in the coming months, sending its stock surging 13% in after-hours trading on Monday. Revenue in the three months ended June 30 increased 93% year over year, totaling $1.94 billion, compared with the $1.801 billion that analysts were expecting. The