CEO Alex Karp casts the surveillance giant as “sentinels of the inner sanctum, against the assault of AI slop”
Palantir Technologies reported a blowout first quarter, saying revenue rose 85% year on year to $1.63 billion as its US business more than doubled, driven by rapid growth across both commercial and government customers.
The company said in its Q1 report, published Monday, that US revenue jumped 104% to $1.28 billion, with commercial revenue up 133% to $595 million and government revenue up 84% to $687 million. The results beat Wall Street estimates, and the company also raised its full-year guidance, saying it now expects 2026 revenue of up to $7.66 billion, implying annual growth of about 71%.
CEO Alex Karp, who has increasingly framed Palantir’s AI tools as central to Western military and industrial power, said the “twin pistons of our US business are now firing in sync.”
Palantir reports Q1 ‘26 U.S. revenue growth of 104% Y/Y and revenue growth of 85% Y/Y; raises FY ’26 revenue guidance to 71% Y/Y growth and U.S. comm revenue guidance to 120% Y/Y, crushing consensus expectations.Q1 U.S. commercial revenue grew 133% y/y and adjusted operating… pic.twitter.com/eSKl9BQ3HW
— Palantir (@PalantirTech) May 4, 2026
“We believe it is not hyperbolic to say that nearly all AI workflows that actually create value – especially on the battlefield – are built on Palantir,” Karp wrote in an accompanying letter to shareholders, stating that the company “was founded to strengthen US national security, to protect Americans and their freedom.”
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: rt.com
