Data analytics company Palantir Technologies (NASDAQ:PLTR) will be reporting results this Monday after market close. Here’s what you need to know.
Palantir Technologies beat analysts’ revenue expectations by 8% last quarter, reporting revenues of $1.18 billion, up 62.8% year on year. It was a stunning quarter for the company, with an impressive beat of analysts’ EBITDA estimates and revenue guidance for next quarter exceeding analysts’ expectations.
Is Palantir Technologies a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Palantir Technologies’s revenue to grow 62% year on year to $1.34 billion, improving from the 36% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.23 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Palantir Technologies has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 4.4% on average.
Looking at Palantir Technologies’s peers in the data and analytics software segment, only Commvault has reported results so far. It beat analysts’ revenue estimates by 4.9%, delivering year-on-year sales growth of 19.5%. The stock was down 30.5% on the results.
Read our full analysis of Commvault’s earnings results here.Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the data and analytics software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 10.9% on average over the last month. Palantir Technologies is down 12.3% during the same time and is heading into earnings with an average analyst price target of $189.84 (compared to the current share price of $146.96).
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