{"id":4869,"date":"2026-08-04T08:38:19","date_gmt":"2026-08-04T08:38:19","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=4869"},"modified":"2026-08-04T08:38:19","modified_gmt":"2026-08-04T08:38:19","slug":"palantir-shares-jump-13-as-u-s-ai-demand-sends-revenue-soaring-past-targets","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=4869","title":{"rendered":"Palantir shares jump 13% as U.S. AI demand sends revenue soaring past targets"},"content":{"rendered":"<div>\n<p>Revenue in the three months ended June 30 increased 93% year over year, totaling $1.94 billion, compared with the $1.801 billion that analysts were expecting. The AI software company posted net income of roughly $1.1 billion, or 41 cents per share, versus the average analyst estimate of 35 cents.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=4867\">OpenAI\u2019s Greg Brockman gave $5.5 million to protect the home of an internet-famous bald eagle named Jackie<\/a><\/p>\n<p>Palantir\u2019s growth was fueled by continued strength in the U.S., where commercial revenue jumped 149% from a year earlier and government revenue climbed 90%.<\/p>\n<div>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n<p>\u201cOur business is compounding at a rate and scale that we have never before witnessed,\u201d Palantir CEO Alex Karp said in a letter to shareholders, noting that Palantir\u2019s second-quarter net income was more than the company generated in total revenue the year before.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=4865\">\u2018There is no Fund\u2019: GOP holdouts back Blanche after DOJ scraps proposed $1.8 billion slush fund<\/a><\/p>\n<p>The AI software company also issued another bullish outlook. Palantir expects third-quarter revenue of $2.160 billion to $2.164 billion and adjusted income from operations of $1.292 billion to $1.296 billion. It also raised its full-year 2026 revenue guidance to between $8.150 billion and $8.158 billion, up from its\u00a0start-of-year forecast\u00a0of $7.182 billion to $7.198 billion.<\/p>\n<p>Shares of Palantir, which are down roughly 30% this year, jumped 13% to $142.0.1 in after-hours trading following Monday\u2019s earnings report.<\/p>\n<p>Read more <a href=\"https:\/\/crosscountrymovingteams.com\/?p=4863\">The NFL\u2019s previous push into Europe lost $400 million. Why it\u2019s trying again<\/a><\/p>\n<div>\n<div><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Revenue surged 93% year over year as U.S. commercial sales climbed 149%, prompting Palantir to lift its full-year outlook above Wall Street expectations.<\/p>\n","protected":false},"author":1,"featured_media":4868,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[493],"tags":[],"class_list":["post-4869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-palantir"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Palantir shares jump 13% as U.S. AI demand sends revenue soaring past targets - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=4869\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Palantir shares jump 13% as U.S. AI demand sends revenue soaring past targets - 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