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Palantir posts 96% revenue growth in Q3, beats estimates, and raises full-year guidance.

Company Fundamentals
12 Nov 2026, 11:39 WIB
Seeking Alpha
View Source
Bullish
Palantir posts 96% revenue growth in Q3, beats estimates, and raises full-year guidance.

Palantir reported a 96% increase in revenue for Q3, surpassing analyst estimates for the 13th straight quarter. The company's US commercial revenue grew 148%, overtaking government revenue for the first time, while GAAP gross margins exceeded 83%. Adjusted free cash flow reached $1.21 billion with a 53% margin, and Palantir ended the quarter with $10.4 billion in cash and investments and no debt. This strong financial performance highlights Palantir's accelerating growth and improved profitability, setting a positive outlook for the rest of the year.

Palantir Technologies Inc (PLTR) shares are trading at USD 170.29 on Pluang as of Nov 12, 2026, 16:51 WIB, down 1.22% for the day. The stock's market capitalization stands at $406.77 billion, reflecting strong investor interest despite the recent dip. Typical holding time on Pluang is 81 days, with a nearly balanced order activity of 52% Buy and 48% Sell, indicating mixed sentiment among traders.

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