- Palantir Technologies (PLTR, Financial) reported a 39% year-over-year revenue growth for Q1 2025, reaching $884 million.
- The company's U.S. revenue surged by 55% year-over-year to $628 million, with U.S. commercial revenue growing by 71% to $255 million.
- Palantir raised its FY 2025 revenue guidance, projecting growth of 36% year-over-year, with U.S. commercial revenue expected to increase by 68%.
Palantir Technologies Inc. (PLTR) announced strong financial results for the first quarter of 2025, with total revenue increasing by 39% year-over-year to $884 million. The company's performance was particularly impressive in the U.S. market, where revenue spiked by 55% year-over-year, totaling $628 million. A notable contributor to this growth was the U.S. commercial sector, which saw a 71% year-over-year increase, bringing in $255 million.
Palantir's government segment also reported substantial growth, with U.S. government revenue rising by 45% year-over-year to $373 million. The company closed a total of 139 deals valued at over $1 million, including 31 deals worth more than $10 million, underscoring its expanding footprint in both commercial and government markets.
The company reported GAAP income from operations at $176 million, representing a 20% margin, and adjusted income from operations at $391 million, a 44% margin. This performance significantly exceeded market expectations, leading Palantir to raise its full-year 2025 guidance. The new forecast projects total revenue between $3.89 billion and $3.90 billion, with U.S. commercial revenue growth expected to exceed 68%.
These results illustrate Palantir's growing influence in the software industry, bolstered by an increasing adoption of its enterprise and AI solutions. With a robust cash position of $5.4 billion and a strong forward-looking strategy, Palantir is well-positioned for continued growth throughout the year.
