Palantir业绩飙涨的背后，有何门道？

Core Viewpoint - Elon Musk's "Department of Government Efficiency (DOGE)" has paradoxically led to a significant decrease in his wealth by over $800 billion, while simultaneously boosting Palantir's stock price, which has doubled this year, reaching a market capitalization of nearly $380 billion [2] Group 1: Palantir's Performance - Palantir reported a revenue of over $1 billion for Q2 2025, marking a year-on-year growth of 48.01% to $1.004 billion, surpassing market expectations [6] - Adjusted operating profit surged by 83.14% to $464 million, with an adjusted operating margin increasing by 8.88 percentage points to 46.27% [6] - The adjusted diluted earnings per share rose by 77.78% to $0.16, significantly exceeding market forecasts [6] Group 2: Revenue Breakdown - U.S. business revenue grew by 68% year-on-year to $733 million, accounting for 73.01% of total revenue, with government contract revenue increasing by 53% to $426 million, representing 42.43% of total revenue [7] - Commercial contract revenue saw a remarkable growth of 93% year-on-year, reaching $306 million [7] Group 3: Government Contracts and Future Outlook - In Q2 2025, Palantir completed 157 transactions worth over $1 million, including 66 contracts of at least $5 million and 42 exceeding $10 million [8] - The company secured a $3.73 billion U.S. government contract in Q1, a 45% increase from the previous year, and a multi-billion dollar contract with the U.S. Navy, potentially worth up to $10 billion over ten years [8] - Management raised the full-year revenue guidance for 2025 to between $4.142 billion and $4.150 billion, up from a previous estimate of $3.890 billion to $3.902 billion [9] Group 4: Market Reaction - Following the positive earnings announcement, Palantir's stock surged by 5.20% in pre-market trading [10]