Palantir Technologies (NASDAQ:PLTR) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Palantir Technologies (NASDAQ:PLTR) posted its quarterly earnings data on Monday. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.29 by $0.04, FiscalAI reports. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.54 billion. Palantir Technologies had a return on equity of 23.81% and a net margin of 36.31%.

Here are the key takeaways from Palantir Technologies’ conference call:

• Palantir delivered a record quarter with 85% year-over-year revenue growth (Q1 revenue $1.633B), 16% sequential growth, and raised full?year 2026 revenue guidance midpoint to $7.656B (71% YoY), its largest-ever guidance increase.
• The U.S. business (79% of revenue) accelerated sharply — 104% YoY growth overall and 133% YoY in U.S. commercial — alongside expanding customer count (1,007) and materially higher TCV, RPO, and remaining deal value.
• Management emphasized AIP (ontology + agent OS) as a differentiated “no-slop” platform that they say is the operational AI moat driving deep commercial and government deployments and higher customer retention.
• Margins and cash flow were strong: adjusted operating margin 60%, adjusted free cash flow $925M in Q1, GAAP net income $871M, and $8B in cash/short-term Treasuries, supporting aggressive reinvestment guidance.
• Management repeatedly says the company prioritizes U.S. defense needs (reallocating commercial resources when required) and notes potential appropriations/CR timing risks and capacity limits, which could constrain commercial execution or make revenue more dependent on U.S. government funding.

Palantir Technologies Trading Up 1.4%

NASDAQ PLTR traded up $1.96 on Monday, reaching $146.03. 66,810,916 shares of the company were exchanged, compared to its average volume of 49,365,219. The business’s fifty day moving average price is $145.27 and its 200 day moving average price is $162.50. The stock has a market capitalization of $349.26 billion, a P/E ratio of 231.80, a price-to-earnings-growth ratio of 2.69 and a beta of 1.52. Palantir Technologies has a fifty-two week low of $105.32 and a fifty-two week high of $207.52.

Insiders Place Their Bets

In related news, insider Jeffrey Buckley sold 1,232 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $129.08, for a total value of $159,026.56. Following the completion of the sale, the insider owned 43,108 shares of the company’s stock, valued at approximately $5,564,380.64. This represents a 2.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider David A. Glazer sold 17,438 shares of the firm’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $133.72, for a total transaction of $2,331,809.36. Following the sale, the insider owned 392,370 shares of the company’s stock, valued at approximately $52,467,716.40. The trade was a 4.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,029,479 shares of company stock worth $137,685,797. 9.53% of the stock is currently owned by company insiders.

Institutional Trading of Palantir Technologies

Several hedge funds have recently made changes to their positions in PLTR. CYBER HORNET ETFs LLC raised its position in shares of Palantir Technologies by 1.2% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 5,297 shares of the company’s stock valued at $966,000 after buying an additional 65 shares during the period. Abel Hall LLC grew its position in Palantir Technologies by 2.6% in the third quarter. Abel Hall LLC now owns 2,821 shares of the company’s stock worth $515,000 after acquiring an additional 71 shares during the period. Consilio Wealth Advisors LLC increased its stake in Palantir Technologies by 3.5% during the fourth quarter. Consilio Wealth Advisors LLC now owns 2,345 shares of the company’s stock worth $417,000 after acquiring an additional 79 shares during the last quarter. Clark Capital Management Group Inc. increased its stake in Palantir Technologies by 1.7% during the fourth quarter. Clark Capital Management Group Inc. now owns 4,945 shares of the company’s stock worth $879,000 after acquiring an additional 85 shares during the last quarter. Finally, Stonebridge Capital Advisors LLC raised its position in Palantir Technologies by 1.8% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 5,349 shares of the company’s stock valued at $951,000 after purchasing an additional 92 shares during the period. Hedge funds and other institutional investors own 45.65% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on PLTR. Daiwa Securities Group upgraded Palantir Technologies from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a research report on Tuesday, February 10th. Benchmark initiated coverage on shares of Palantir Technologies in a research note on Wednesday, April 1st. They set a “hold” rating on the stock. DA Davidson reiterated a “neutral” rating and issued a $180.00 target price on shares of Palantir Technologies in a research report on Thursday, April 16th. Truist Financial initiated coverage on shares of Palantir Technologies in a research note on Tuesday, January 6th. They issued a “buy” rating and a $223.00 price target on the stock. Finally, Jefferies Financial Group set a $208.00 price target on shares of Palantir Technologies in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Palantir Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $192.17.

Key Palantir Technologies News

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Q1 beat and guidance raise — Palantir reported Q1 revenue of $1.63B (?+85% YoY) and adjusted EPS above estimates, and it raised FY?2026 revenue guidance, which traders viewed as confirmation of durable growth and drove the rally. Business Wire: Palantir Q1 release
• Positive Sentiment: U.S. commercial strength — Management said U.S. revenue more than doubled and commercial momentum was a primary driver of the beat, signaling secular demand for Palantir’s AI/data offerings. Fool: CEO and U.S. revenue
• Positive Sentiment: Margins, cash flow and metrics improved — Reports highlight big operating profit expansion, stronger cash generation and a very high Rule?of?40 score (noted by company/coverage), reinforcing the narrative that growth is becoming increasingly profitable. Benzinga: Rule of 40 and margins
• Neutral Sentiment: Options and volatility expectations — Options traders had priced in a large post?earnings move (roughly ±10%), so part of today’s volume and swing reflects volatility positioning rather than only fundamentals. TipRanks: options expectations
• Neutral Sentiment: Macro headlines mixed — Geopolitical tensions (Middle East strikes) pressured the broader market while defense/government exposures helped Palantir hold up, so sector and headline noise contributed to intraday moves. Investor’s Business Daily: market and Palantir
• Negative Sentiment: Analyst caution and downgrades — A few firms and commentators urged caution (including at least one downgrade) despite the pop, advising some investors to “look for an exit point” or take profits after the big run. That contributed to mixed after?hours/extended?session reactions. TipRanks: analyst caution
• Negative Sentiment: Valuation and crowding concerns — Critics point to elevated multiples and heavy retail/institutional interest as risks; some analysts warn that the stock is a crowded AI trade and vulnerable to multiple contraction if growth slows. 247WallSt: valuation/risks
• Negative Sentiment: Insider selling and institutional shifts — Datasets flagged substantial insider and institutional sell activity in recent periods, a background risk for sentiment despite strong quarterly results. Quiver: insider & institutional activity

Palantir Technologies Company Profile

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.