Palantir Technologies CEO Alex Karp gave a panel discussion entitled “Power, Purpose, and New Century” at the Hill and Valley Forum of the U.S. Capitol on April 30, 2025 at the Hill and Valley Forum of the U.S. Capitol.
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Palantir The highest Wall Street estimated to exceed quarterly revenue for the first time on Monday, and hiked for full-year guidance.
Stocks gather more than 5%.
This is what the company does compared to the LSEG estimate:
- Earnings per share: 16 cents adjustment. Estimated 14 cents
- income: $1 billion vs. $940 million expected
this AI Revenues from software providers increased by 48% during this period. It wasn’t until the fourth quarter of this year that analysts expected the Denver-based company to earn a $1 billion revenue benchmark.
“After years of investment and ridicule from some, the growth rate of our business has fundamentally accelerated,” CEO Alex Karp wrote in a letter to shareholders. “There are fewer admissions to skepticism now, as he is stuck and succumbs to a submission.”
The software analytics company also improved its annual outlook guidance. Over the entire year, Palantir now expects revenues to be between $4.142 billion and $4.15 billion, up from the previous guidance of $3.89 billion to $3.9 billion.
In the third quarter, Palantir forecast revenues between $1.083 billion and $1.087 billion, surpassing analysts’ estimates of $983 million. Palantir also canceled its operating income and free cash flow guidance throughout the year.
Palantir’s U.S. revenue rose 68% to $733 million from the same period last year, while U.S. business revenue nearly doubled to $306 million from a year ago.
The software analytics company has been promoted by the president Donald TrumpThe government efficiency campaign includes layoffs and contract cuts. Palantir’s U.S. government revenue rose 53% from the same period last year to $426 million.
“It’s a steep and upward climb, a significant fusion of the language models reaching, the chips that power them and our software infrastructure,” Karp wrote in a letter to shareholders.
In the quarter, Palantir said it closed at least $5 million in 66 deals and 42 deals, totaling at least $10 million. The total value of its contracts increased by 140% from last year to $2.27 billion.
Net income ranged from about $134.1 million, or about 144% a year ago, to $326.7 million, or 13 cents a share.
Palantir shares have more than doubled this year as investors bet on companies’ AI tools and contract agreements with the government.
Its market value has accelerated by $379 billion and entered Top 20 The most valuable company in the United States, beyond Salesforce,,,,, IBM and Cisco join in Top 10 tech companies in the United States By market value. Stocks met a new height Monday.
On its scale, buying stocks requires investors to pay huge multiples.
According to FactSet data, stocks are currently trading forward earnings. Tesla is the only other top 20, with a ratio of 177.
Palantir One-Day Stock Chart.
