Palantir Technologies Inc (NASDAQ:PLTR) reported financial results for the fourth quarter after the market close on Monday. Here’s a look at the key details from the print.

• Palantir Technologies stock is trading in a tight range. What’s next for PLTR stock?

Palantir Tops Revenue, EPS Estimates In Q4

Palantir reported fourth-quarter revenue of $1.41 billion, beating analyst estimates of $1.33 billion. The AI software company reported adjusted earnings of 25 cents per share for the fourth quarter, beating analyst estimates of 23 cents per share, according to Benzinga Pro.

Total revenue was up 70% year-over-year in the quarter as U.S. revenue grew 93% year-over-year to $1.08 billion. U.S. Commercial revenue increased 137% year-over-year to $507 million and U.S. Government revenue jumped 66% year-over-year to $570 million. Palantir noted that its Rule of 40 score is now at 127%.

Palantir’s customer count grew 34% year-over-year and 5% on a quarter-over-quarter basis. The company said it closed 180 deals worth over $1 million during the quarter, 84 deals worth at least $5 million and 61 deals worth at least $10 million. 

Palantir generated $777 million in cash from operations and $791 million in adjusted free cash flow in the quarter. Palantir ended the period with approximately $7.2 billion of cash, cash equivalents and short-term U.S. treasury securities.

“We are an n of 1, and these numbers prove it,” said Alex Karp, co-founder and CEO of Palantir.

“Palantir is alone in choosing to exclusively focus on scaling the operational leverage made possible by the rapid advancements of AI models, a trend that we first called ‘commodity cognition’ well before others started repeating it.” 

Palantir Issues Strong Guidance For Q1

Palantir expects first-quarter revenue to be in the range of $1.532 billion to $1.536 billion versus estimates of $1.32 billion. The company also guided for full-year 2026 revenue of $7.18 billion to $7.20 billion versus estimates of $6.21 billion.

Palantir also guided for full-year U.S. Commercial revenue growth of at least 115% and adjusted free cash flow of approximately $3.93 billion to $4.13 billion.

“We are at the outset, the very beginning, of a generational project,” Karp said in a letter to shareholders.

Palantir’s management team will further discuss the quarter on an earnings call with investors and analysts at 5 p.m. ET.

Palantir Shares Pop After Q4 Report

PLTR Price Action: Palantir shares were up 7.41% in after-hours Monday, trading at $158.62 at the time of publication, according to Benzinga Pro.

Image: Shutterstock.com

Photo: Shutterstock