MoneyThe story, in brief
Palantir posts blowout Q2 numbers, with U.S. commercial revenue soaring nearly 150%
Palantir's U.S. commercial revenue jumped 150% in Q2—a data-software play suddenly mainstream in enterprise AI.
The KeyNews take
Why it matters
A major AI-adjacent software vendor posted blowout earnings with commercial AI adoption accelerating sharply. This signals enterprise willingness to pay for AI-powered analytics and operational software, and validates Palantir's pivot toward the commercial market after decades in defense.
The key facts
5 to knowQ2 earnings beat expectations
U.S. commercial revenue grew ~150% YoY
Revenue guidance raised
Commercial segment now driving growth (not just government contracts)
AI software adoption accelerating in enterprise
Go to the source
CNBC Technologycnbc.com
Publisher excerpt: Palantir's second-quarter earnings beat expectations, and the AI software company lifted revenue guidance.