---
schema_version: "secwatch.filing_event.v1"
accession: "0001321655-23-000086"
form_type: "8-K"
ticker: "PLTR"
cik: "0001321655"
company_name: "Palantir Technologies Inc."
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T03:52:21.384606+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Palantir Q2 net income $28M; raises FY revenue view above $2.212B; $1B buyback authorized

## Summary
- Q2 revenue $533M (+13% YoY); GAAP EPS $0.01, adjusted EPS $0.05; third consecutive GAAP-profitable quarter.
- US commercial revenue grew 20% YoY to $103M; total customer count up 38% YoY.
- Full-year 2023 revenue guidance raised to >$2.212B; adjusted income from operations >$576M.
- Board authorized $1.0B share repurchase program, subject to profitability conditions.
- Cash from operations $90M; adjusted free cash flow $96M; cash and equivalents $3.1B.

## SEC filing metadata
- accession: 0001321655-23-000086
- form_type: 8-K
- ticker: PLTR
- cik: 0001321655
- company_name: Palantir Technologies Inc.
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321655/000132165523000086/0001321655-23-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321655/000132165523000086/pltr-20230807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001321655-23-000086
- JSON: https://secwatch.observer/filing/0001321655-23-000086.json
- Plain text: https://secwatch.observer/filing/0001321655-23-000086.txt

## Key facts
- Earnings Releases
  Palantir Technologies Inc. reported Second Quarter 2023 results: revenue $533,317 thousand, net income $28,127 thousand, EPS $0.01.
  - Period: Second Quarter 2023
  - Revenue: $533,317 thousand
  - Net income: $28,127 thousand
  - EPS: $0.01
  - Result: reported results
  source text: a 2% margin ◦ Second consecutive quarter of GAAP operating profitability • GAAP earnings per share (“EPS”) of $0.01 • Adjusted EPS of $0.05 • Revenue grew 13% year-over-year to $533 million • Commercial revenue grew 10% year-over-year to $232 million ◦ US commercial revenue grew 20% year-over-year to $103 million • Government revenue grew 15% year-over-year to $302
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321655/000132165523000086/0001321655-23-000086-index.htm
- Earnings Releases
  Palantir Technologies Inc. reported Q3 2023 and full year 2023 results: revenue For Q3: $553 - $557 million; for full year 2023: in excess of $2.212 billion. Guidance raised.
  - Period: Q3 2023 and full year 2023
  - Revenue: For Q3: $553 - $557 million; for full year 2023: in excess of $2.212 billion
  - Guidance: raised
  - Result: guidance update
  source text: Outlook For Q3 2023, we expect: • Revenue of between $553 - $557 million. • Adjusted income from operations of $135 - $139 million. • GAAP net income. For full year 2023: • We are raising our revenue guidance to in excess of $2.212 billion. • We are raising our adjusted income from operations guidance to in excess of $576 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321655/000132165523000086/0001321655-23-000086-index.htm
- Earnings Releases
  Palantir Technologies Inc. reported First Half 2023 results: revenue $1.1 billion, net income $45 million.
  - Period: First Half 2023
  - Revenue: $1.1 billion
  - Net income: $45 million
  - Result: reported results
  source text: H1 2023 Highlights • Revenue of $1.1 billion • GAAP net income of $45 million, representing a 4% margin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321655/000132165523000086/0001321655-23-000086-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.