Thanks to the "amazing" impact of AI, Palantir's revenue exceeded expectations, increasing by 48%, and the guidance for this year has been raised for the second time | Earnings Report Insights

The recent financial report shows that the application of artificial intelligence (AI) technology has allowed the star stock Palantir to flourish in both military and civilian sectors, with revenue exceeding expectations and accelerating sharply, leading to a second upward revision of the full-year guidance.

After the report was released, Palantir's stock price rose over 4% and further increased in after-hours trading, with gains exceeding 5% at one point. Before the earnings report, Palantir's stock price had already surged over 500% in the past year, reflecting strong demand for AI tools and heightened expectations from both government and private sectors for deep investments in such tools.

On August 4th, Eastern Time, after the U.S. stock market closed, Palantir announced its financial performance for the second quarter of this year, ending June 30, and provided guidance for the third quarter and the full year.

1) Key Financial Data:

Revenue: Second-quarter revenue was $1.004 billion, a year-on-year increase of 48%, compared to analysts' expectations of $939.3 million, with a year-on-year growth of 39% in the first quarter.

EPS: The adjusted earnings per share (EPS) for the second quarter was $0.16, a year-on-year increase of 77.8%, compared to analysts' expectations of $0.11, with a year-on-year growth of 62.5% in the first quarter.

Operating Profit: The adjusted operating profit for the second quarter was $464 million, a year-on-year increase of 82.7%, with an operating profit margin of 46%. The adjusted operating profit in the first quarter grew 73% year-on-year to $391 million, with an operating profit margin of 44%.

2) Performance Guidance:

Revenue: The expected revenue for the third quarter is between $1.083 billion and $1.087 billion, compared to analysts' expectations of $985.4 million. The expected revenue for 2025 is between $4.142 billion and $4.15 billion, up from the previous expectation of $3.89 billion to $3.902 billion.

Operating Profit: The expected adjusted operating profit for the third quarter is between $493 million and $497 million, and the expected adjusted operating profit for 2025 is between $1.912 billion and $1.92 billion, up from the previous expectation of $1.711 billion to $1.723 billion.

The financial report shows that Palantir's second-quarter revenue exceeded the company's guidance range of $934 million to $938 million, marking the first time it has surpassed the $1 billion mark in history, and it has accelerated growth compared to the first quarter. The revenue growth in the second quarter increased from 39% in the first quarter to 48%, nearly 6.9% higher than analysts' expected revenue