Palantir (PLTR) Misses Q2 EPS by 4c, Guidance Misses

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Go back to Palantir (PLTR) Misses Q2 EPS by 4c, Guidance Misses

Palantir Reports Revenue Growth of 26% Y/Y for Q2 2022, US Commercial Revenue Up 120% Y/Y in Q2 2022

August 8, 2022 7:00 AM EDT

DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) today announced financial results for the second quarter ended June 30, 2022.

Q2 2022 Highlights

Revenue grew 26% year-over-year to $473 million US revenue grew 45% year-over-year to $290 million Commercial revenue grew 46% year-over-year US commercial revenue grew 120% year-over-year US government revenue grew 27% year-over-year US commercial customer count increased 250% year-over-year, from 34 customers in Q2 2021 to 119 customers in Q2 2022 Total contract value (TCV) closed of $792 million, including US TCV closed of $588 million Loss from operations of $(42) million,... More