{"id":24246,"date":"2026-08-04T20:37:30","date_gmt":"2026-08-04T18:37:30","guid":{"rendered":"https:\/\/costops.com\/index.php\/2026\/08\/04\/this-quarter-was-otherworldly-palantir-earnings-surge-past-expectations\/"},"modified":"2026-08-04T20:37:30","modified_gmt":"2026-08-04T18:37:30","slug":"this-quarter-was-otherworldly-palantir-earnings-surge-past-expectations","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2026\/08\/04\/this-quarter-was-otherworldly-palantir-earnings-surge-past-expectations\/","title":{"rendered":"\u2018This quarter was otherworldly\u2019: Palantir earnings surge past expectations"},"content":{"rendered":"<p>Shares soar as yearly revenue up 93%, even as opposition grows to company\u2019s role in Trump immigration agenda<\/p>\n<p>In a sea of companies reporting mixed financial results this quarter, <a href=\"https:\/\/www.theguardian.com\/technology\/palantir\">Palantir<\/a> stands out. Although Palantir was not immune to the AI jitters that caused industry-wide drops in share prices earlier this year, the AI and analytics company reported that its overall revenue grew 93% year over year to $1.94bn. That\u2019s well over the $1.8bn Wall Street expected Palantir to bring in for the second quarter.<\/p>\n<p>The glowing financials sparked a 10% surge in share prices in the immediate aftermath. Despite growing <a href=\"https:\/\/www.theguardian.com\/commentisfree\/2026\/jul\/15\/palantir-british-state-political-access-us-tech-firm-nhs\">opposition<\/a> to Palantir\u2019s <a href=\"https:\/\/www.theguardian.com\/news\/audio\/2025\/dec\/09\/palantir-the-worlds-scariest-company-podcast\">work<\/a> with various governments including the crucial role the company plays in the Trump administration\u2019s <a href=\"https:\/\/www.theguardian.com\/us-news\/ng-interactive\/2025\/sep\/22\/ice-palantir-data\">immigration<\/a> agenda, the company\u2019s revenue from US government contracts grew 90% year over year to $809m.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/2026\/aug\/03\/palantir-second-quarter-earnings\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/c9030c31febd27bc428218b316c3c7c4b5d83db2\/500_0_5000_4000\/master\/5000.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=59b3852c9da2ea2ef61196642578fae4\" title=\"\u2018This quarter was otherworldly\u2019: Palantir earnings surge past expectations\" \/>Shares soar as yearly revenue up 93%, even as opposition grows to company\u2019s role in Trump immigration agenda<br \/>\nIn a sea of companies reporting mixed financial results this quarter, Palantir stands out. Although Palantir was not immune to the AI jitters that caused industry-wide drops in share prices earlier this year, the AI and analytics company reported that its overall revenue grew 93% year over year to $1.94bn. That\u2019s well over the $1.8bn Wall Street expected Palantir to bring in for the second quarter.<br \/>\nThe glowing financials sparked a 10% surge in share prices in the immediate aftermath. Despite growing opposition to Palantir\u2019s work with various governments including the crucial role the company plays in the Trump administration\u2019s immigration agenda, the company\u2019s revenue from US government contracts grew 90% year over year to $809m. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares soar as yearly revenue up 93%, even as opposition grows to company\u2019s role in Trump immigration agenda In a sea of companies reporting mixed financial results this quarter, Palantir stands out. Although Palantir was not immune to the AI jitters that caused industry-wide drops in share prices earlier this year, the AI and analytics &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2026\/08\/04\/this-quarter-was-otherworldly-palantir-earnings-surge-past-expectations\/\"> <span class=\"screen-reader-text\">\u2018This quarter was otherworldly\u2019: Palantir earnings surge past expectations<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":24247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/24246"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=24246"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/24246\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/24247"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=24246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=24246"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=24246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}