Palantir Technologies Inc. (PLTR) Earnings Call Summary — June 2026 quarter
Palantir builds data-analysis software used by governments, the military, and increasingly big companies (AIP for AI).
Palantir Technologies Inc. (PLTR) reported its June 2026 quarter results on August 3, 2026. Earnings per share came in at $0.41 against a $0.34 consensus; the two figures are reported on different bases, so no beat or miss is claimed. Revenue of $1.94B landed above the $1.81B estimate. PLTR has beaten consensus EPS in 2 of its last 2 scored quarters. Highlights from management's remarks on the call are below.
Chief Technology Officer: “Within 24 hours of bringing Nemotron Ultra into our stacks, we found 5 production tasks where a standard Nemotron Ultra model without post-training beat frontier models.”
Chief Financial Officer: “We had a phenomenal second quarter, delivering our highest ever reported year-over-year revenue growth rate of 93% and our highest ever adjusted free cash flow of $1.22 billion, representing a 63% margin and 115% growth year-over-year.”
Chief Executive Officer: “So reflections on how we got to 93% aggregate growth, just under 150% growth in U.S.”
Analyst: “Can you walk through—at the sovereignty boot camp, what did you learn from talking to customers that maybe you weren't expecting?”