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Puru Saxena, investment commentator and ex-fund manager at FinTwit, highlights very strong first quarter operating results from Palantir.
The company reported $1.63 billion in revenue, exceeding the estimate of $1.54 billion, representing an 84% year-over-year increase. Earnings per share reached $0.33 versus an expected $0.24. U.S. commercial revenue came in at $595 million, up 130% year-over-year. For FY26, Palantir provided a revenue guide of $7.64 billion, above the estimated $7.28 billion, signaling 71% projected growth.
Saxena previously highlighted a Nasdaq breadth thrust signal following a recent market selloff, noting potential momentum in growth stocks. He has also discussed an investment in a hyper-growth company with a projected 30 percent revenue increase. These earlier observations provide additional context for his focus on Palantir’s strong growth results.