Monday, February 2, 2026 at 11:23 PM
Palantir Technologies reported Q4 earnings that exceeded expectations, achieving a revenue record of $1.41 billion and a profit of $609 million, reflecting significant growth since its IPO.
The data storage technology company posted a second-quarter profit of $803 million, up from $104 million a year earlier.
The company says its sales were about $60 billion in the fourth quarter for a year-over-year growth rate of 24%.
The company, which makes testing equipment for semiconductors and robotics, posted a fourth-quarter profit of $257.2 million, up from $146.3 million a year earlier.
The Abu Dhabi-owned company posted full-year profit of $5.17 billion, supported by double-digit earnings growth in its domestic gas unit.
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