Q1 25 EPS
$0.13
BEAT +1.09%
Est. $0.13
Q1 25 Revenue
$883.9M
BEAT +2.52%
Est. $862.1M
vs S&P Since Q1 25
-0.7%
TRAILING MARKET
PLTR +28.3% vs S&P +29.0%
Market Reaction
Did PLTR Beat Earnings? Q1 2025 Results
Palantir Technologies delivered a standout first quarter, posting revenue of $883.86 million, up 39.3% year-over-year and ahead of the $862.13 million consensus estimate, while earnings per share of $0.13 edged past the $0.13 consensus by 1.09%. The … Read more Palantir Technologies delivered a standout first quarter, posting revenue of $883.86 million, up 39.3% year-over-year and ahead of the $862.13 million consensus estimate, while earnings per share of $0.13 edged past the $0.13 consensus by 1.09%. The driving force behind the quarter was an extraordinary acceleration in U.S. Commercial demand for Palantir's AI platforms, with U.S. Commercial revenue surging 71% year-over-year to $255 million and crossing a $1 billion annual run rate, a milestone CEO Alexander Karp described as evidence of a "tectonic shift" in enterprise AI adoption. U.S. Government revenue added to the momentum, climbing 45% year-over-year to $373 million. Profitability metrics were equally compelling, with adjusted operating income reaching $390.71 million at a 44% margin, up sharply from 36% in the year-ago period. Buoyed by the results, Palantir raised its full-year 2025 revenue guidance to $3.89 to $3.90 billion, implying 36% growth, and guided Q2 revenue to $934 to $938 million, signaling continued confidence in its commercial and government pipeline.
Key Takeaways
- • U.S. commercial revenue surpassed $1 billion annual run rate, growing 71% Y/Y
- • U.S. government revenue grew 45% Y/Y
- • Rule of 40 score of 83%
- • Closed 139 deals of at least $1 million, 51 deals of at least $5 million, and 31 deals of at least $10 million
- • Highest quarter of U.S. commercial TCV at $810 million, up 183% Y/Y
- • Customer count grew 39% Y/Y and 8% Q/Q
- • Adjusted operating margin expanded to 44% from 36% Y/Y
PLTR YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
PLTR Revenue by Segment
With YoY comparisons, source: SEC Filings
PLTR Revenue by Geography
With YoY comparisons, source: SEC Filings
“Our Rule of 40 score increased to 83% in the last quarter, once again breaking the metric. We are in the middle of a tectonic shift in the adoption of our software, particularly in the U.S. where our revenue soared 55% year-over-year, while our U.S. commercial revenue expanded 71% year-over-year in the first quarter to surpass a one-billion-dollar annual run rate.”
— Alexander C. Karp, Q1 2025 Earnings Press Release
PLTR Earnings Trends
PLTR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
PLTR EPS Trend
Earnings per share: estimate vs actual
PLTR Revenue Trend
Quarterly revenue: estimate vs actual
PLTR Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 25 BEAT FY | $0.18 | $0.25 | +38.89% | $1.41B | +5.74% |
| FY Full Year | $0.73 | $0.75 | +3.45% | $4.48B | +1.74% |
| Q3 25 BEAT | $0.17 | $0.21 | +25.45% | $1.18B | +8.19% |
| Q2 25 BEAT | $0.14 | $0.16 | +15.52% | $1.00B | +6.84% |
| Q1 25 BEAT | $0.13 | $0.13 | +1.09% | $883.9M | +2.52% |
| Q4 24 BEAT FY | $0.11 | $0.14 | +23.67% | $827.5M | +7.60% |
| FY Full Year | $0.38 | $0.41 | +7.02% | $2.87B | +2.08% |
| Q3 24 BEAT | $0.09 | $0.10 | +11.11% | $725.5M | +3.48% |
| Q2 24 BEAT | $0.08 | $0.09 | +12.50% | $678.1M | +3.99% |
| Q1 24 BEAT | $0.08 | $0.08 | +0.00% | $634.3M | +0.00% |