DNYUZ
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Music
    • Movie
    • Television
    • Theater
    • Gaming
    • Sports
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel
No Result
View All Result
DNYUZ
No Result
View All Result
Home News

Palantir smashes expectations with $1 billion Q2 revenue as CEO boasts that skeptics have been ‘bent into a kind of submission’

August 4, 2025
in News
Palantir smashes expectations with $1 billion Q2 revenue as CEO boasts that skeptics have been ‘bent into a kind of submission’
495
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter
Pennsylvania Energy and Innovation Summit in Pittsburgh
Alex Karp calls earnings “bombastic,” and says critics have been “bent into a kind of submission.”

Nathan Howard/REUTERS

Palantir’s CEO, Alex Karp, saw no reason to be humble after his company’s blockbuster second-quarter earnings.

“As usual, I’ve been cautioned to be a little modest about our bombastic numbers, but there’s no authentic way to be anything but have enormous pride and gratefulness about these extraordinary numbers,” he said as he kicked off his part of the earnings call on Monday.

He struck a similar tone in his letter to shareholders.

“The skeptics are admittedly fewer now, having been defanged and bent into a kind of submission,” he wrote.

The Denver-based AI software company beat analyst estimates Monday with adjusted earnings of 16 cents per share on $1 billion in revenue, topping LSEG projections of 14 cents and $940 million, respectively. The stock peaked at more than 5% in after-hours trading compared to when the market closed at 4 p.m ET.

Palantir‘s commercial revenue in the US nearly doubled since last year’s second quarter to $628 million, while government revenue climbed 53% year-over-year to $426 million, mostly thanks to a 10-year, $10 billion contract with the US Army, which consolidated 75 contracts into one.

Ryan Taylor, chief revenue officer and chief legal officer, said that the US Space Force awarded the company a $218 million delivery order and raised the spending ceiling for Palantir’s Maven Smart System to $795 million in preparation for “significant demand.”

The company also raised its full-year revenue guidance midpoint to just north of $4 billion, a nine-point increase from last quarter.

Karp concluded the call with a message for investors. “Maybe stop talking to all the haters — they’re suffering,” he said.

Palantir did not immediately respond to a request for comment.

The post Palantir smashes expectations with $1 billion Q2 revenue as CEO boasts that skeptics have been ‘bent into a kind of submission’ appeared first on Business Insider.

Share198Tweet124Share
Bill Maher confronts Dr. Phil on joining Trump admin’s ‘unpopular’ ICE raids
News

Bill Maher confronts Dr. Phil on joining Trump admin’s ‘unpopular’ ICE raids

by Fox News
August 9, 2025

NEWYou can now listen to Fox News articles! “Real Time” host Bill Maher abruptly put his guest Dr. Phil in ...

Read more
News

Cincinnati viral beating bodycam shows cops at scene of brutal fight as six arrested face new charges

August 9, 2025
News

ICE Deported Him. His Father Heard Nothing for Months. Then, a Call.

August 9, 2025
News

How Ali Sethi Spends His Day Getting Ready for a Music Tour

August 9, 2025
News

LAX travelers potentially exposed to positive measles case

August 9, 2025
Zelensky Rejects Trump’s Suggestion That Ukraine Swap Territory With Russia

Zelensky Rejects Trump’s Suggestion That Ukraine Swap Territory With Russia

August 9, 2025
Arizona adds $5M to program that helps 1st-time homebuyers

Arizona adds $5M to program that helps 1st-time homebuyers

August 9, 2025
MMA star’s miracle faith awakening: Ben Askren finds Christ after defying death by surviving double lung transplant

MMA star’s miracle faith awakening: Ben Askren finds Christ after defying death by surviving double lung transplant

August 9, 2025

Copyright © 2025.

No Result
View All Result
  • Home
  • News
    • U.S.
    • World
    • Politics
    • Opinion
    • Business
    • Crime
    • Education
    • Environment
    • Science
  • Entertainment
    • Culture
    • Gaming
    • Music
    • Movie
    • Sports
    • Television
    • Theater
  • Tech
    • Apps
    • Autos
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Arts
    • Fashion
    • Food
    • Health
    • Travel

Copyright © 2025.