Q3 2025 Earnings — Results of Operations, Reg FD Disclosure
Filed November 3, 2025
U.S. commercial revenue surged 121% year-over-year to $397 million in Q3 2025, powering total revenue to $1.18 billion (up 63%) with a Rule of 40 score of 114%, while total contract value hit a record $2.76 billion. Palantir raised full-year 2025 revenue guidance to roughly $4.4 billion (53% growth), with adjusted operating margins holding at 51%, signaling that its AI Platform (AIP) is driving compounding demand that's simultaneously accelerating growth and expanding profitability — a rare combination at this scale.
Filing Items
Item 2.02 — Results of Operations
The company is reporting its quarterly or annual financial results. This is the filing that accompanies an earnings call.
Item 7.01 — Reg FD Disclosure
Information shared at an investor day, conference, or guidance update. Regulation FD requires companies to disclose material information to all investors simultaneously.
Item 9.01 — Financial Statements
Financial statements and exhibits are attached to this filing. Usually accompanies other items rather than standing alone.
No product milestones were identified in this filing. It may contain financial results, routine disclosures, or operational updates that don't represent specific product execution events.