Palantir Applied sciences has as soon as once more adjusted its annual income forecast upward because of elevated demand for its AI companies amongst companies and authorities companies.
The information analytics and defence software program supplier now anticipates income between $4.14bn and $4.15bn for the yr. This revision exceeds each its earlier estimate and the common analyst forecast of $3.9bn, as reported by the London Inventory Change Group (LSEG).
This marks Palantir’s second income forecast revision in 2025, following an preliminary replace in Could, when the corporate raised its full-year income projection to a variety of $3.89bn to $3.9bn.
Palantir is benefiting from a give attention to nationwide safety within the US and adjustments within the Pentagon’s software program procurement technique favouring industrial and “non-traditional” suppliers, in accordance with a report in Reuters.
Just lately, the US Military indicated potential service purchases from Palantir amounting to $10bn over a decade.
Palantir’s shares rose by 4% in prolonged buying and selling, and have greater than doubled in 2025. This progress has been pushed by traders’ confidence within the firm’s skill to capitalise on AI developments and elevated authorities spending on defence know-how.
Within the second quarter of 2025, US authorities gross sales for the corporate elevated by 53% to $426m. This represents greater than 42% of whole quarterly income, which reached roughly $1bn.
For the complete yr 2025, Palantir anticipates US enterprise income to exceed $1.3bn, up from earlier steering of greater than $1.18bn.
The corporate posted a 68% year-on-year enhance in whole US income to $733m for the second quarter ending 30 June 2025. Palantir reported GAAP web earnings of $327m, representing a 33% margin.
When it comes to contracts, Palantir closed 157 offers value at the very least $1m every, together with 66 offers of at the very least $5m and 42 offers value greater than $10m. The entire contract worth reached $2.27bn, marking a 140% enhance year-over-year.
Palantir co-founder and CEO Alex Karp stated: “This was an exceptional quarter. We proceed to see the astonishing influence of AI leverage. Our Rule of 40 rating was 94%, as soon as once more obliterating the metric.
“Yr-over-year progress in our US enterprise surged to 68%, and year-over-year progress in US industrial climbed to 93%. We’re guiding to the best sequential quarterly income progress in our firm’s historical past, representing 50% year-over-year progress.”
In June 2025, Palantir fashioned a partnership with Accenture Federal Providers to ship AI-powered options to US federal companies, aiming to boost operational effectivity and decision-making.
