Palantir raises annual revenue forecast after strong Q1 driven by US government demand
deepseek / deepseek-v4-flash
- Palantir raised its fiscal 2026 revenue forecast to $7.65-$7.66 billion, from $7.18-$7.20 billion.
- Q1 revenue rose 85% to $1.63 billion, beating estimates of $1.54 billion.
- Revenue from US commercial customers jumped 133%, and from US government customers rose 84%.
- Palantir’s Maven AI system is set to become an official program of record for the Pentagon, locking in long-term use.
- Shares fell 1.5% in extended trading despite strong results.