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Palantir Q3 2026 Earnings Highlights: Revenue Doubles to $2.313 Billion

Palantir reported revenue of $2.313 billion in the third quarter of 2026, up 96% year-over-year and exceeding the $2 billion mark for the first time. The company's U.S. commercial revenue surpassed government revenue for the first time, marking a significant business inflection point. The stock fell roughly 3% in after-hours trading due to market caution around the elevated valuation and sustainability of hyper-growth.

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