Palantir Beats Revenue, EPS Estimates-CEO Alex Karp Cites 'Astonishing Impact' Of AI Leverage

Benzinga

Palantir beat analyst estimates for both revenue and earnings in the second quarter, reporting $1.004 billion in revenue and adjusted earnings per share of 16 cents. This marks the company’s eighth straight quarter of top- and bottom-line beats, according to data from Benzinga Pro. U.S. revenue grew 68% year-over-year, with U.S. commercial revenue up 93% and government revenue up 53%. Palantir closed 157 deals worth over $1 million, generated $539 million in cash from operations, and ended the quarter with $6 billion in cash and equivalents. CEO Alex Karp said the company is seeing the “astonishing impact” of AI leverage. The company raised guidance for the third quarter and full-year 2025, now expecting up to $4.15 billion in full-year revenue. Shares rose 3.77% in after-hours trading.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Heli-Tier beat analysts' estimates for both revenue and earnings in the second quarter,

00:06reporting $1.004 billion in revenue and adjusted earnings per share of $0.16.

00:10This marks the company's eighth straight quarter of top and bottom line beats,

00:14according to data from Benzinga Pro.

00:16U.S. revenue grew 68% year over year, with U.S. commercial revenue up 93%

00:21and government revenue up 53%.

00:23Heli-Tier closed 157 deals worth over $1 million,

00:26generated $539 million in cash from those operations,

00:31and ended the quarter from $6 billion in cash and equivalents.

00:35CEO Alex Karp said the company is seeing the astonishing impact of AI leverage.

00:40The company raised guidance for the third quarter and full year 2025,

00:43now expecting up to $4.15 billion in full-year revenue.

00:47Shares rose 3.77% in after-hours trading.

00:50For all things money, visit Benzinga.com.

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