Palantir Technologies Inc. demonstrated exceptional growth in Q4 FY2025, driven by strong performance in its U.S. commercial segment and overall revenue acceleration. The company's focus on AI and operational leverage, coupled with robust guidance for FY2026, indicates a strong strategic execution and market positioning.
Revenue grew 70% year-over-year to $1.407 billion, accelerating from prior periods.
positiveU.S. revenue grew 93% year-over-year to $1.076 billion, with U.S. commercial revenue up 137% year-over-year to $507 million.
positiveRecord-setting $4.262 billion of total contract value (TCV) closed, up 138% year-over-year.
positiveCustomer count grew 34% year-over-year.
positiveGAAP net income of $609 million, representing a 43% margin.
positiveStrong FY2026 revenue guidance of $7.182 - $7.198 billion, representing 61% year-over-year growth.
positiveWhile revenue and margins are strong, the company's focus on growth may lead to increased operating expenses in future periods, though current operating expenses decreased year-over-year.
attentionStock-based compensation remains a significant expense, totaling $684 million for FY2025, although it decreased year-over-year.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
U.S. Commercial | N/A | — | — | — |
U.S. Government | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.
Palantir’s Rule of 40 score is now an incredible 127%.
We are an n of 1, and these numbers prove it.
Palantir is alone in choosing to exclusively focus on scaling the operational leverage made possible by the rapid advancements of AI models, a trend that we first called ‘commodity cognition’ well before others started repeating it.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.