Quick Read – PLTR’s U.S. commercial revenue surged 133% while adjusted operating margins expanded to 60%, forcing a full-year guidance raise to $7.65 billion. – PLTR’s 145% Rule of 40 score puts it in company Alex Karp claims only NVDA and MU occupy. – PLTR shares dropped 27%…
ar to date but exploded 21% higher in one week, with prediction markets now pricing $138 as likely by July. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Palantir didn’t make the cut. Grab the names FREE today
Palantir Technologies (NASDAQ:PLTR) now carries a market capitalization of a little more than $300 billion as of July 3, 2026, which has taken many investors on a nice ride, given the company’s the software-with-a-defense-flavor story. Palantir is now arguing for a seat inside the mega-cap conversation, alongside the AI infrastructure names its own CEO likes to invoke. What It Means A valuation this size implies specific operational realities, and Palantir’s Q1 2026 filing supplies them.
Revenue reached $1.632 billion this past quarter, growing nearly 85% year over year. That’s the highest reported growth rate in the company’s history as a public company. Additionally, the engine of the company (U.S. revenue) climbed 104% year over year to $1.282 billion, crossing 100% growth for the first time since the direct listing.