Q3 25 EPS
$0.21
BEAT +25.45%
Est. $0.17
Q3 25 Revenue
$1.18B
BEAT +8.19%
Est. $1.09B
vs S&P Since Q3 25
-34.1%
TRAILING MARKET
PLTR -27.4% vs S&P +6.7%
Market Reaction
Did PLTR Beat Earnings? Q3 2025 Results
Palantir Technologies delivered a blowout third quarter for fiscal 2025, posting adjusted EPS of $0.21 against a consensus estimate of $0.17, a beat of 25.45%, while revenue of $1.18 billion topped expectations by 8.19% and surged 62.8% year over yea… Read more Palantir Technologies delivered a blowout third quarter for fiscal 2025, posting adjusted EPS of $0.21 against a consensus estimate of $0.17, a beat of 25.45%, while revenue of $1.18 billion topped expectations by 8.19% and surged 62.8% year over year. The single most compelling driver behind the quarter was an extraordinary acceleration in U.S. Commercial demand, with that segment's revenue skyrocketing 121% year over year to $397 million and total contract value closed hitting a record $1.31 billion, up 342% year over year, reflecting broad enterprise adoption of Palantir's AI platform. Overall U.S. Revenue grew 77% to $883 million, while GAAP operating income more than tripled to $393.26 million, representing a 33% margin. The momentum has already drawn third-party validation, with at least one partner publicly launching a Palantir-powered SaaS model to capitalize on surging inbound demand. Looking ahead, management raised full-year 2025 revenue guidance to $4.40 billion and guided Q4 revenue of $1.33 to $1.33 billion, representing 61% year-over-year growth, which the company described as its highest sequential quarterly revenue growth guide in history.
Key Takeaways
- • U.S. commercial revenue grew 121% YoY and 29% QoQ to $397 million
- • Record $2.76 billion total contract value closed, up 151% YoY
- • Record $1.31 billion U.S. commercial TCV, up 342% YoY
- • U.S. commercial remaining deal value of $3.63 billion, up 199% YoY
- • Customer count grew 45% YoY and 7% QoQ
- • 204 deals of at least $1 million, 91 deals of at least $5 million, 53 deals of at least $10 million
- • Rule of 40 score of 114%
PLTR YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
PLTR Revenue by Segment
With YoY comparisons, source: SEC Filings
PLTR Revenue by Geography
With YoY comparisons, source: SEC Filings
“114% - our Rule of 40 score! These results make undeniable the transformational impact of using AIP to compound AI leverage. Year-over-year growth in our U.S. business surged to 77%, and year-over-year growth in U.S. commercial climbed to 121%. We are yet again announcing the highest sequential quarterly revenue growth guide in our company's history, representing 61% year-over-year growth.”
— Alex C. Karp, Q3 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% |