Palantir Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
Palantir Technologies Inc reports results for the quarter ended June 30 - Earnings Summary
Palantir Technologies Inc PLTR.OQ reported quarterly adjusted earnings of 41 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of twenty five analysts for the quarter was for earnings of 35 cents per share. Wall Street expected results to range from 33 cents to 40 cents per share.
Revenue rose 92.8% to $1.94 billion from a year ago; analysts expected $1.80 billion.
Palantir Technologies Inc's reported EPS for the quarter was 41 cents.
The company reported quarterly net income of $1.06 billion.
Palantir Technologies Inc shares had risen by 5.5% this quarter and lost 30.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 11.6% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 22 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for Palantir Technologies Inc is $195.00, about 36.9% above its last closing price of $123.06
This summary was machine generated from LSEG data August 3 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.35 | 0.41 | Beat |
Mar. 31 2026 | 0.28 | 0.33 | Beat |
Dec. 31 2025 | 0.23 | 0.25 | Beat |
Sep. 30 2025 | 0.17 | 0.21 | Beat |
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