Palantir’s stock surges as AI demand drives another record quarter

Last Updated: Feb. 2, 2026 at 8:15 p.m. ET
First Published: Feb. 2, 2026 at 4:13 p.m. ET

Palantir Technologies reported a record-breaking quarter on Monday, beating revenue and earnings expectations and sending the stock up 7% in after-hours trading.

Palantir PLTR announced $1.41 billion of revenue for the fourth quarter of 2025, a 70% rise relative to a year before. The result topped the FactSet consensus of $1.34 billion and marked the company’s highest quarterly revenue to date.