Palantir (PLTR) Reports Earnings Tomorrow: What To Expect

Data-mining and analytics company Palantir (NYSE:PLTR) will be reporting results this Monday afternoon. Here’s what you need to know.

Palantir beat analysts’ revenue expectations by 2.5% last quarter, reporting revenues of $883.9 million, up 39.3% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ billings estimates and an impressive beat of analysts’ EBITDA estimates.

Is Palantir a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Palantir’s revenue to grow 38.6% year on year to $939.6 million, improving from the 27.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.14 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Palantir has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 2.6% on average.

Looking at Palantir’s peers in the data and analytics software segment, some have already reported their Q2 results, giving us a hint as to what we can expect. MicroStrategy delivered year-on-year revenue growth of 2.7%, beating analysts’ expectations by 1.2%, and Commvault Systems reported revenues up 25.5%, topping estimates by 5.2%. MicroStrategy traded down 8.7% following the results while Commvault Systems was up 18.2%.

Read our full analysis of MicroStrategy’s results here and Commvault Systems’s results here.

Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the data and analytics software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5% on average over the last month. Palantir is up 11.5% during the same time and is heading into earnings with an average analyst price target of $113.54 (compared to the current share price of $155.16).

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