AI应用牛股Palantir，Q4营收增长70%

Core Insights - Palantir's fourth-quarter revenue and contributions from both the U.S. government and commercial sectors exceeded analyst expectations, leading to a nearly 7% increase in after-hours stock price [1] Financial Performance - In Q4 2025, Palantir achieved revenue of $1.41 billion, a 70% year-over-year growth, surpassing the analyst estimate of $1.33 billion; adjusted earnings per share (EPS) were $0.25, exceeding the expected $0.23 [1][2] - For the full year 2025, total revenue reached $4.48 billion, reflecting a 56% year-over-year growth [2] - The company reported an operating income of $575.39 million with a 41% margin for Q4, and an adjusted operating income of $798.47 million with a 57% margin [2] Market Demand and Transactions - In Q4, Palantir completed 180 transactions of at least $1 million, including 84 transactions over $5 million and 61 over $10 million; the remaining U.S. commercial transaction value grew by 145% year-over-year to $4.38 billion [3] - The U.S. market revenue for Palantir increased by 75% year-over-year to $3.32 billion [3] Future Projections - Palantir anticipates Q1 2026 revenue between $1.53 billion and $1.54 billion, exceeding analyst expectations of $1.32 billion [3] - For FY 2026, total revenue is projected to reach between $7.18 billion and $7.20 billion, representing over 60% growth compared to 2025 [3] U.S. Government Engagement - The CEO of Palantir, Alex Karp, noted a 66% revenue growth from the U.S. government, emphasizing strong demand for their products, particularly from the Department of Defense [4] - Palantir has paused the sale of new products to U.S. allied countries due to high domestic demand, focusing on contracts such as a $10 billion deal with the U.S. Army and a $448 million agreement with the U.S. Navy [4]