# Q1 2026 revenue surged 85% as Palantir's US business more than doubled.

*business · news · 2026-05-05 · The Economic Times*

## Key points

- Palantir's Q1 2026 revenue grew 85% year over year, hitting $1.63 billion and crushing estimates.
- US revenue growth surged 104%, with commercial sales up 133% and government up 84%, both accelerating.
- Palantir now forecasts 2026 revenue of $7.65 billion to $7.66 billion, up sharply from prior guidance.
- Palantir achieved a 60% adjusted operating margin, rivaling monopoly-like financial performance in enterprise software.
- US customer deal backlog jumped 112% year over year as customers embed Palantir's AI platform deeper into operations.

**Companies:** Palantir Technologies, Nvidia, AMD, Intel
**Countries:** United States

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/us/palantir-stock-just-delivered-its-fastest-growth-ever-why-palantir-technologies-pltr-is-outpacing-nvidia-nvda-amd-amd-and-intel-intc-and-why-this-ai-rally-is-far-from-over/articleshow/130827914.cms)

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