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Record 93% Revenue Growth, 155% Rule of 40, Stock Up 30% — Then Consolidates

Record 93% Revenue Growth, 155% Rule of 40, Stock Up 30% — Then Consolidates

TradingKey – Palantir Technologies (PLTR) reported second-quarter 2026 results on August 3 that were some of the strongest in the history of Palantir Technologies’ public trading and were certainly among the strongest so far this year. Palantir reported revenue of $1.935 billion, representing a 93% year-over-year increase and the fastest year-over-year revenue growth in the company’s history. Driving that growth was a 149% year-over-year increase in U.S. commercial revenue. Management provided greater optimism regarding the revenue and earnings guidance for the year, projecting revenue of $8.15 billion and earnings per share of $17.90. The stock increased almost 30% on August 4 and erased billions of dollars of losses for…

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