Palantir Q1 2026 Earnings Results: Revenue $1.63B, EPS Beats by 17.9%, Guidance Raised to $7.66B

# Palantir Q1 2026 Earnings Results: Revenue $1.63B, EPS Beats by 17.9%, Guidance Raised to $7.66B

> **Quick answer:** Palantir crushed Q1 2026 expectations on every major metric. Revenue hit $1.633 billion (85% YoY growth), beating the $1.54B consensus by 5.8%. Adjusted EPS of $0.33 beat by 17.9%. US Commercial revenue surged 133% YoY, US Government jumped 104%. Full-year 2026 guidance was raised to $7.65-$7.66B versus the $7.27B consensus. This marks Palantir's 10th consecutive quarter of EPS beats.

Palantir Technologies just delivered one of the most emphatic earnings beats in recent software history. The company's Q1 2026 results, released after market close on May 4, 2026, shattered Wall Street consensus across revenue, profitability, and guidance — with CEO Alex Karp declaring that Palantir's financial results "now demonstrate a level of strength that dwarfs the performance of essentially every software company in history at this scale." PLTR stock moved to approximately $147 in after-hours trading, up 0.84%, as investors digested a report that exceeded even the most bullish pre-earnings scenarios.

## Palantir Q1 2026 Earnings Results: Every Major Number

Here are the confirmed figures from the official Q1 2026 earnings release:

**Revenue** - Total revenue: $1.633 billion (+85% YoY) - Consensus estimate: $1.54 billion - Beat: +5.8% - US Revenue: $1.282 billion (+104% YoY)