Palantir Technologies Q2 2026 Financial Highlights
Palantir Technologies (NASDAQ: PLTR) reported a revenue increase of 93% year-over-year in Q2 2026, reaching $1.94 billion. U.S. commercial revenue surged by 149% to $764 million, while U.S. government revenue rose 90% to $809 million. The company also recorded an operating income of $912 million and adjusted free cash flow of $1.2 billion, yielding a 63% margin. At the end of the quarter, Palantir held $9.4 billion in cash and Treasuries with no significant debt.
Net dollar retention (NRR) stood at 157%, reflecting strong customer retention and contract expansions. The U.S. commercial remaining deal value (RDV) grew by 124% year-over-year to $6.24 billion, prompting management to raise full-year revenue guidance to $8.2 billion, indicating expected growth of 82% for the year.
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