Palantir's Q2 Earning Report

👉 Business Highlights:

➡️ Revenue grew 27% year-over-year to $678 million.

➡️ US commercial revenue grew 55% year-over-year to $159 million.

➡️ US commercial customer count grew 83% year-over-year to 295 customers.

➡️ US government revenue grew 24% year-over-year to $278 million.

➡️ Commercial revenue grew 33% year-over-year to $307 million.

➡️ Government revenue grew 23% year-over-year to $371 million.

➡️ Closed 27 deals over $10 million.

➡️ Customer count grew 41% year-over-year.

👉 Business Segments:

➡️ US Commercial: Revenue $159 million, up 55% YoY.

➡️ US Government: Revenue $278 million, up 24% YoY.

➡️ Commercial: Revenue $307 million, up 33% YoY.

➡️ Government: Revenue $371 million, up 23% YoY.

CEO Statement:

"Q2 was another solid quarter with strong revenue growth and improved margins. Our value proposition and investments in key growth initiatives are paying off as more organizations turn to Palantir," said Palantir CEO.