Palantir stock highlights commercial growth and higher guidance

Palantir Technologies reported a decisive shift in its revenue mix for the quarter ended September 30, 2026. In its shareholder letter dated November 2, the company said revenue reached USD 2.313 billion, up 96 percent from a year earlier, according to the ad-hoc-news.de report.

Palantir stock traded at 143.53 euros on Lang & Schwarz at 16:30 CET on Friday, November 6, 2026; that was 1.17 percent above the 141.87-euro quote cited in the latest report at 15:06 CET. Investors can follow the real-time quote of Palantir stock.

Commercial demand takes the lead

U.S. commercial revenue rose 148 percent year over year to USD 984 million and exceeded U.S. government revenue of USD 953 million for the first time. Total commercial revenue climbed 113 percent to USD 1.168 billion, while government revenue increased 81 percent to USD 1.146 billion.

U.S. revenue reached USD 1.937 billion, representing 84 percent of total revenue. The figures indicate that demand from private-sector customers is becoming a larger growth engine alongside Palantir's government business.

Higher guidance raises the bar

Management expects fourth-quarter revenue between USD 2.649 billion and USD 2.653 billion. The full-year 2026 revenue outlook now ranges from USD 8.530 billion to USD 8.534 billion, implying 91 percent growth at the midpoint. Full-year U.S. commercial revenue is expected to exceed USD 3.559 billion, equivalent to growth of at least 143 percent.

Palantir also reported quarterly profit of USD 1.13 billion. For investors, the next test is whether the faster commercial expansion can remain strong as the comparison base rises and the company seeks to extend growth beyond government contracts.

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