Palantir Shatters Records With 85% Q1 Revenue Surge, Raises FY26 Outlook
The stock slump did not deter Karp from raising the bar. Citing accelerating US demand, the CEO lifted FY 2026 guidance to 71% growth, 10 points above the prior outlook. “We are raising our revenue guidance to between $7.650 – $7.662 billion,” the press release read. Palantir also lifted US commercial revenue guidance above $3.224 billion, implying annual growth of at least 120%. Adjusted operating income guidance moved to a range of $4.440 billion to $4.452 billion. Adjusted free cash flow projections climbed to between $4.2 billion and $4.4 billion. In addition, the firm said it expects to deliver GAAP operating income and net income in every quarter of 2026. The post Palantir Shatters Records With 85% Q1 Revenue Surge, Raises FY26 Outlook appeared first on BeInCrypto.