#PalantirQ3Growth96%

About PalantirQ3Growth96%

Palantir’s Q3 revenue grew 96% YoY. US commercial revenue rose 148%, surpassing US government revenue for the first time. The company raised its full-year revenue guidance again, but total contract value (TCV) for new deals grew just 6%, contrasting with rapid revenue growth. Shares had rallied over 55% since July ahead of earnings, setting a high bar for AI growth. Strong results have yet to fully ease concerns over its valuation.