Palantir Technologies (PLTR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Financial Performance - For the quarter ended June 2025, Palantir Technologies Inc. reported revenue of $1 billion, which is a 48% increase compared to the same period last year [1] - The earnings per share (EPS) for the quarter was $0.16, up from $0.09 in the year-ago quarter [1] - The reported revenue exceeded the Zacks Consensus Estimate of $938.33 million by 6.97% [1] - The EPS also surpassed the consensus estimate of $0.14 by 14.29% [1] Key Metrics - Palantir Technologies had 849 customers, exceeding the three-analyst average estimate of 811 [4] - Revenue from government contracts was $552.98 million, compared to the five-analyst average estimate of $510.47 million, reflecting a year-over-year change of 49.2% [4] - Revenue from commercial contracts was $450.71 million, surpassing the estimated $429.32 million by five analysts, marking a 46.6% increase year-over-year [4] Stock Performance - Over the past month, shares of Palantir Technologies have returned +15.5%, while the Zacks S&P 500 composite saw a +1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]