Palantir Technologies (NASDAQ:PLTR) stock is surging higher on Tuesday after the company reported fourth-quarter financial results and first-quarter financial guidance. The stock has been popular with retail investors in recent years, but also is also controversial due to government contracts, including those with the U.S. Immigration and Customs Enforcement (ICE).
Here's a look at the financial results and members of Congress who own PLTR stock.
Palantir Q4 Earnings
Palantir reported fourth-quarter revenue of $1.41 billion, up 70% year-over-year. The total beat a Street consensus estimate of $1.33 billion.
Of the overall total, the U.S. segment was $1.08 billion, with U.S. Commercial at $507 million and U.S. Government at $570 million.
U.S. Government revenue was up 66% year-over-year. The segment has come under pressure in recent months with a WIRED report saying Palantir employees questioned the company's work with ICE.
Congress Members Who Own Palantir Stock
Owning shares of a company with government contracts, especially those with ICE could prove to be controversial for members of Congress.
Here are the Palantir transactions made by members of Congress in 2024 and 2025 as tracked by the Benzinga Government Trades page.
Rep. Rob Bresnahan (R-Pa.)
- April 8, 2025: Bought $1,000 to $15,000
- Feb. 26, 2025: Sold $1,000 to $15,000
- Feb. 25, 2025: Bought $1,000 to $15,000
- Feb. 25, 2025: Sold $1,000 to $15,000
Rep. Gilbert Cisneros (D-Calif.)
- Nov. 18, 2025: Bought $1,000 to $15,000
- Nov. 7, 2025: Bought $1,000 to $15,000
- Oct. 9, 2025: Bought $1,000 to $15,000
- March 31, 2025: Bought $1,000 to $15,000
- Jan. 24, 2025: Bought $1,000 to $15,000
Rep. James Comer (R-Tenn.)
- Jan. 21, 2025: Bought $1,000 to $15,000
Rep. Cleo Fields (D-La.)
- Oct. 10, 2025: Bought $15,000 to $50,000
- Aug. 13, 2025: Bought $50,000 to $100,000
- July 28, 2025: Bought $50,000 to $100,000
- July 18, 2025: Bought $100,000 to $250,000
- June 30, 2025: Bought $50,000 to $100,000
- June 25, 2025: Bought $1,000 to $15,000
Rep. Jonathan Jackson (D-Ill.)
- Dec. 22, 2025: Bought $15,000 to $50,000
Rep. Julie Johnson (D-Texas)
- June 30, 2025: Sold $1,000 to $15,000
- April 1, 2025: Sold $1,000 to $15,000
- Feb. 12, 2025: Bought $1,000 to $15,000
- Jan. 15, 2025: Bought $1,000 to $15,000
Rep. Lisa McClain (R-Mich.)
- Oct. 31, 2025: Sold $1,000 to $15,000
- Oct. 30, 2025: Sold $1,000 to $15,000
- Oct. 30, 2025: Bought $1,000 to $15,000
- June 17, 2025: Bought $1,000 to $15,000
- Nov. 7, 2024: Bought $100,000 to $250,000
- Oct. 23, 2024: Sold $50,000 to $100,000
- Aug. 4, 2024: Bought $15,000 to $50,000
- June 6, 2024: Bought $15,000 to $50,000
Rep. Jefferson Shreve (R-Ind.)
- May 12, 2025: Sold $50,000 to $100,000
Former Rep. Marjorie Taylor Greene (R-Ga.) also previously disclosed buying Palantir stock four times in 2025, with each transaction totaling $1,000 to $15,000.
Benzinga previously shared that McClain reported several transactions late in 2025, potentially violating the STOCK Act. In August, the congresswoman disclosed selling $50,000 to $100,000 in Palantir stock on Oct. 23, 2024, and disclosed buying $100,000 to $250,000 in Palantir stock on Nov. 7, 2024.
Palantir Stocks Raise Red Flags
Along with the late disclosure from McClain, who is one of the highest-ranking members of the Republican Party as the chair of the House Republican Conference, other trades involving Palantir have garnered attention.
Members of Congress who serve on defense committees have bought and sold stock, which could create conflicts given the company’s government contracts.
Here are some of the committee assignments that could mark conflicts of interest:
- Cisneros: House Armed Services Committee
- Jackson: House Committee on Foreign Affairs
- Johnson: House Committee on Homeland Security, House Committee on Foreign Affairs
Palantir Stock Price Action
Palantir stock is up 5.7% to $156.13 on Tuesday versus a 52-week trading range of $66.12 to $207.52. Palantir shares are up over 86% in the last 52 weeks.
Photo: Shutterstock
