Palantir Q3 Earnings: Revenue Beat, EPS Beat, Customers Up 39%, Raises Guidance — Results Driven By 'Unrelenting AI Demand That Won't Slow Down'

Palantir Technologies Inc (NYSE:PLTR) reported third-quarter financial results after the market close on Monday. Here’s a look at the key metrics from the quarter.

Q3 Earnings: Palantir reported third-quarter revenue of $725.52 million, beating the consensus estimate of $701.13 million, according to Benzinga Pro.

Total revenue was up 30% year-over-year. U.S. revenue grew 44% year-over-year to $499 million. U.S. Commercial revenue grew 54% year-over-year and U.S. Government revenue climbed 40% year-over-year.

Palantir reported third-quarter earnings of six cents per share, beating analyst estimates of four cents per share. Palantir’s GAAP earnings results were up 100% year-over-year. The company has now met or exceeded analyst estimates on the top and bottom lines in five consecutive quarters, per Benzinga Pro.

Palantir's customer count grew 39% year-over-year and 6% on a quarter-over-quarter basis. The company said ...