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Palantir tops estimates on 85% revenue growth, fastest expansion since market debut in 2020

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Palantir CEO Alex Karp speaks at the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026. Fabrice Coffrini | Afp | Getty Images Palantir reported first-quarter results on Monday that sailed past analysts' expectations, and also issued guidance that topped estimates. Here's how the company did compared to analyst estimates as compiled by LSEG: Earnings per share: 33 cents adjusted vs. 28 cents expected Revenue: $1.63 billion vs. $1.54 billion expected Palantir's revenue grew about 85% in the quarter, according to a statement , marking the fastest increase in sales since at least 2020, the year the company went public through a direct listing. Net income roughly quadrupled to $870.5 million, or 34 cents per share, from $214 million, or 8 cents per share, a year earlier. Adjusted net income excludes impact from stock-based compensation and income taxes. Palantir, which has seen its market value soar in the past few years, also lifted its full-year guidance.…

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