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Compared to Estimates, Palantir Technologies (PLTR) Q2 Earnings: A Look at Key Metrics

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Palantir Technologies Inc. (PLTR - Free Report) 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.

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