Palantir's Q1 2026: Record-Breaking Growth & AI Leadership

Palantirs Q1 2026 earnings are on fire, with revenue surging 85% YoY and 16% QoQ to $1.633 billion, their best growth as a public company. U.S. side exploded to $1.282 billion, now 79% of total revenue. AI platform AIP is killing it, driving a Rule of 40 score to 145. U.S. commercial revenue jumped 133% to $595 million, while government grew 84%. Massive deals include a $300 million USDA contract and expansions with GE Aerospace and Navy programs. Customer count rose 31% to 1,700, with top twenty clients averaging $108 million each. Leaders hyped AIP as the no-slop zone for real enterprise AI, replacing legacy software and even ditching their own old CRM. Guidance got a big lift, with full-year revenue now $7.656 billion midpoint, 71% growth, up 10% from last call. Cash flow strong at $925 million adjusted free cash, with $8 billion in reserves and GAAP profits rolling. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a41630c431514bdd