---
schema_version: "secwatch.filing_event.v1"
accession: "0001321655-26-000026"
form_type: "8-K"
ticker: "PLTR"
cik: "0001321655"
company_name: "Palantir Technologies Inc."
filed_at: "2026-05-04T23:59:59+00:00"
generated_at: "2026-05-14T23:50:40.334345+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Palantir Q1 revenue up 85% YoY to $1.63B; raises FY2026 guidance to 71% growth

## Summary
- Revenue $1.633B (+85% YoY, +16% QoQ); U.S. revenue $1.282B (+104% YoY).
- GAAP net income $871M (53% margin); EPS $0.34; adjusted EPS $0.33.
- Raises FY2026 revenue guidance to $7.65-$7.662B (71% growth); U.S. commercial rev. >$3.224B (+120%).
- Rule of 40 score 145%; closed TCV $2.41B (+61% YoY); 206 deals ≥$1M.
- Q2 2026 revenue guidance $1.797-$1.801B; adjusted income from ops $1.063-$1.067B.

## SEC filing metadata
- accession: 0001321655-26-000026
- form_type: 8-K
- ticker: PLTR
- cik: 0001321655
- company_name: Palantir Technologies Inc.
- filed_at: 2026-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321655/000132165526000026/0001321655-26-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321655/000132165526000026/pltr-20260504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001321655-26-000026
- JSON: https://secwatch.observer/filing/0001321655-26-000026.json
- Plain text: https://secwatch.observer/filing/0001321655-26-000026.txt

## Key facts
- Earnings Releases
  Palantir Technologies Inc. reported the first quarter ended March 31, 2026 results: revenue $1.633 billion, net income $871 million, EPS $0.34. Guidance raised.
  - Period: the first quarter ended March 31, 2026
  - Revenue: $1.633 billion
  - Net income: $871 million
  - EPS: $0.34
  - Guidance: raised
  - Result: reported results
  source text: to $595 million ◦ U.S. government revenue grew 84% year-over-year and 21% quarter-over-quarter to $687 million • Revenue grew 85% year-over-year and 16% quarter-over-quarter to $1.633 billion • Closed 206 deals of at least $1 million, 72 deals of at least $5 million, and 47 deals of at least $10 million • Closed total contract value (“TCV”) of $2.41 billion, up 61%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321655/000132165526000026/0001321655-26-000026-index.htm

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