Palantir Technologies Inc. (PLTR) reported $1.94 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 92.8%. EPS of $0.41 for the same period compares to $0.16 a year ago.
The reported revenue represents a surprise of +7.16% over the Zacks Consensus Estimate of $1.81 billion. With the consensus EPS estimate being $0.35, the EPS surprise was +17.14%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Palantir Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:- Customers: 1,049 versus 1,059 estimated by three analysts on average.
- Revenue- Government: $990 million versus $916.21 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +79% change.
- Revenue- Commercial: $945 million versus $892.1 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +109.7% change.
View all Key Company Metrics for Palantir Technologies here>>>
Shares of Palantir Technologies have returned -4.8% over the past month versus the Zacks S&P 500 composite's +0.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Beyond Nvidia: AI's Second Wave Is Here
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
