Palantir Applied sciences (PLTR) crossed a historic milestone within the second quarter of 2025, reporting its first-ever billion-dollar quarter. Income surged almost 48% year-over-year to roughly $1.004 billion, simply beating Wall Avenue’s expectations of roughly $937–940 million. Adjusted earnings per share got here in at $0.16, topping consensus forecasts of $0.14, whereas adjusted working margins climbed to a formidable 46%.
Free money move soared to $569 million, representing a margin of 57%, and the corporate posted GAAP internet earnings of about $327 million, or a 33% internet margin. Palantir’s Rule of 40 rating — a key measure of progress and profitability — hit a outstanding 94%, underlining its uncommon steadiness of aggressive enlargement and powerful operational effectivity. The corporate’s steadiness sheet stays sturdy, with a money and short-term funding reserve of roughly $6 billion.
A more in-depth have a look at the numbers reveals that Palantir’s U.S. enterprise is powering a lot of the momentum. Home income surged 68% to $733 million, with U.S. industrial income skyrocketing 93% to $306 million and U.S. authorities income climbing 53% to $426 million. Internationally, Palantir continues to serve a rising base of main industrial purchasers in Europe and high-value authorities companions exterior america, although CEO Alex Karp made clear that the corporate’s most transformative work is happening in its residence market.
Complete Contract Worth (TCV) rose 140% year-over-year to $2.3 billion, pushed partially by a 222% soar in U.S. industrial TCV to $843 million. Off the again of those outcomes, Palantir raised its full-year steering to $4.14-4.15 billion, with U.S. industrial revenues now anticipated to surpass $1.3 billion — a rise of over 85% from the prior 12 months.
On the corporate’s earnings name, Karp delivered one in all his most emphatic visions so far, framing Palantir’s success not simply as a enterprise story, however as a part of a broader nationwide transformation. He pointed to key choices reminiscent of Ontology, Foundry, and Maven as being “on the entrance line” of what he referred to as “an ideal time for Palantir” and “a revolution in The US of America.” Whereas acknowledging the significance of Palantir’s worldwide partnerships, Karp forged the corporate’s mission as basically American, fueled by advances in AI, semiconductors, and huge language fashions. He described Palantir as “anomalously bullish” on each side of U.S. life, with a specific deal with the nation’s blue-collar workforce.
