Palantir Technologies Inc. (PLTR) reported strong Q2 results with a revenue increase of 93% year-over-year, totaling $1.94 billion. The company achieved a total contract value of $3.4 billion during this period, a 49% rise from last year.
Key growth drivers included a 149% increase in U.S. commercial revenue and a 90% increase in U.S. government revenue, along with the closure of 73 high-value deals worth over $10 million. For fiscal year 2026, Palantir has raised its revenue guidance to between $8.150 billion and $8.158 billion, anticipating an 82% year-over-year growth.
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