[FLASH] Palantir Q3 revenue $2.31B (+96%); US commercial revenue exceeds US government for first time
Palantir reported Q3 revenue of $2.31B against a ~$2.18B consensus and adjusted EPS of $0.44. US commercial revenue rose 148% to $984M, passing US government revenue ($953M) for the first time. The company guided Q4 revenue to about $2.65B and FY2026 to about $8.53B, and raised its US commercial outlook. The after-hours reaction was mixed: CNBC reported a ~3% slip and FXStreet an initial after-hours bounce after a 3.1% regular-session decline, so the session-two trade is the reaction to watch.