Overview
- Palantir reported 85% revenue growth to $1.63 billion and raised its 2026 sales outlook to 71%.
- The surge was driven by an 84% jump in U.S. government revenue and a more than doubling of U.S. commercial sales.
- Despite beating forecasts, the stock fell more than 8% in the two sessions after the report as investors balked at the price tag.
- Palantir entered 2026 with a price-to-sales ratio above 100 and still sits north of 60, a level markets rarely sustain for long.
- The response is a caution for Nvidia’s upcoming results since even strong gains in GPUs and its CUDA software may not satisfy investors if hopes are set too high.