Palantir Q3 revenue up 96% as US commercial tops government

On November 3, 2026, CNBC reported that Palantir had posted third-quarter results with revenue up 96% year over year to $2.31B, beating Wall Street's estimate of $2.18B. The report added that US commercial revenue rose 148% year over year to $984M and that Palantir raised its full-year 2026 revenue guidance to roughly $8.53B. The same day, Wall Street CN reported the same quarter in more detail: revenue of $23.13B, up 96%, above the $21.8B consensus, and adjusted EPS of $0.44 versus the $0.41 expected. It also put US commercial revenue at $984M, up 148%, ahead of the $937M consensus. The two sources differ slightly on the top line, with $2.31B in the CNBC account and $23.13B in Wall Street CN's account; the reports do not explain the gap.

Both reports noted that Palantir's US commercial revenue surpassed its government revenue for the first time in the quarter: commercial revenue of $984M versus government revenue of $953M. Wall Street CN described this as a first in the company's history. On guidance, Wall Street CN said Palantir lifted its full-year revenue outlook to $8.530B to $8.534B, up from the prior guidance of $8.150B to $8.158B and above the $8.2B consensus, while CNBC described the raise as to about $8.53B. Wall Street CN also reported fourth-quarter revenue guidance of $26.49B to $26.53B, above the $24.6B market average compiled by LSEG. After the report, Palantir shares moved sharply in after-hours trading and were up about 1.6% at the time of publication. These are same-day figures; the available reports do not cover developments after that.