Tuesday, 5 August, 2025
Palantir Raises Full-Year Revenue Forecast Again as AI Demand Skyrockets
Palantir posted its first-ever $1 billion quarter in Q2 2025—a 48% year-on-year gain—and raised its annual revenue guidance to $4.14–$4.15 billion, up from $3.89–$3.90 billion. U.S. commercial revenue is now expected to exceed $1.30 billion (up from $1.18 billion), while U.S. government revenue surged 53% to $426 million, accounting for over 42% of quarterly sales. The forecast boost reflects booming demand for enterprise and defense AI applications.
Read full story at Economic Times