Palantir Posts 93 Percent Revenue Growth in Q2 as US Commercial AI Demand Surges 149 Percent

Palantir reported $1.94 billion in Q2 revenue and raised its full-year 2026 outlook to $8.15 billion, driven by a 149 percent rise in US commercial revenue from its Artificial Intelligence Platform. The company closed 220 deals worth at least $1 million in the quarter, with net dollar retention hitting 157 percent.