Palantir beats fourth-quarter expectations and forecasts $7.18 billion to $7.2 billion in revenue for 2026

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Palantir beats fourth-quarter expectations and forecasts $7.18 billion to $7.2 billion in revenue for 2026
Photo: Markus Schreiber/AP/TT

AI software company Palantir beats fourth-quarter expectations and predicts substantial revenue increases in 2026.

Palantir said in a statement that its revenue forecast for 2026 is between $7.18 billion and $7.2 billion. Analysts had expected $6.27 billion on average, according to a Bloomberg survey.

During the fourth quarter, the company's revenue increased 70 percent from the same period a year earlier to $1.41 billion, also above expectations, according to CNBC.

After the announcement, the stock rose about 7 percent in after-hours trading.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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