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Palantir Technologies Inc (NASDAQ:PLTR) reported upbeat financial results for the first quarter of 2026 after the market close on Monday.
Palantir reported first-quarter revenue of $1.63 billion, beating analyst estimates of $1.54 billion. The AI software company reported adjusted earnings of 33 cents per share for the quarter, beating analyst estimates of 28 cents per share, according to Benzinga Pro.
“Palantir’s Rule of 40 score has soared to 145%. We have shattered the metric, a feat matched only by other fellow AI infrastructure companies: NVIDIA, Micron and SK hynix,” said Alex Karp, co-founder and CEO of Palantir.
Palantir expects second-quarter revenue to be in the range of $1.797 billion …
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