Q4 2025 Earnings — Results of Operations, Reg FD Disclosure
Filed February 2, 2026
U.S. commercial revenue surged 137% year-over-year in Q4 2025 to $507 million, fueling a record $4.26 billion in total contract value closed during the quarter, while full-year 2026 revenue guidance of $7.2 billion (61% growth) and U.S. commercial revenue guidance of 115%+ growth dramatically exceed Wall Street expectations. The combination of accelerating AI-driven demand, a Rule of 40 score of 127%, and $2.3 billion in annual adjusted free cash flow signals Palantir is pulling away from peers and entering a phase of compounding, high-margin hypergrowth.
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.