Palantir Non-GAAP EPS of $0.25 beats by $0.02, revenue of $1.4B beats by $60M

Palantir press release (PLTR): Q4 Non-GAAP EPS of $0.25 beats by $0.02.
Revenue of $1.4B (+69.2% Y/Y) beats by $60M.
U.S. revenue grew 93% year-over-year and 22% quarter-over-quarter to $1.076 billion
- U.S. commercial revenue grew 137% year-over-year and 28% quarter-over-quarter to $507 million
- U.S. government revenue grew 66% year-over-year and 17% quarter-over-quarter to $570 million
Closed 180 deals of at least $1 million, 84 deals of at least $5 million, and 61 deals of at least $10 million
Closed a record-setting $4.262 billion of total contract value (“TCV”), up 138% year-over-year
- Closed a record-setting $1.344 billion of U.S. commercial TCV, up 67% year-over-year
U.S. commercial remaining deal value (“RDV”) of $4.38 billion, up 145% year-over-year and 21% quarter-over-quarter
Customer count grew 34% year-over-year and 5% quarter-over-quarter
For Q1 2026, we expect:
- Revenue of between $1.532 – $1.536 billion vs $1.33B consensus
- Adjusted income from operations of between $870 – $874 million.
For full year 2026, we expect:
- Revenue of between $7.182 – $7.198 billion vs $6.28B consensus
- U.S. commercial revenue in excess of $3.144 billion, representing a growth rate of at least 115%.
- Adjusted income from operations of between $4.126 – $4.142 billion.
- Adjusted free cash flow of between $3.925 – $4.125 billion.
- GAAP operating income and net income in each quarter of this year.
Shares +6%.