Palantir Earnings: Good or Bad?

Beloved Palantir PLTR reported its Q3 results, reflecting one of the more sought-after releases in the Q3 cycle overall. It’s easy to see why so many have been laser-focused on the software titan, with recent short positions and broader uncertainty largely dominating the narrative around the stock over the past few weeks.But were the results good? Let’s take a closer look at a few key growth indicators.Growth Remains StellarRegarding the top line, quarterly sales of $1.2 billion set another record, up a sizable 63% from the year-ago period. Growth was broad-based, with US commercial revenue surging 121% YoY and US government revenue shooting 52% higher.PLTR inked many lucrative deals throughout the period, closing more than 200 deals worth at least $1 million, 91 worth at least $5 million, and 53 deals worth at least $10 million. It closed a record-setting $2.8 billion of Total Contract Value (TCV) overall, up a staggering 340% from the same period last year.And for the cherry on top, Customer count grew by a massive 45% YoY. It goes without saying that the company has continued to witness extremely hot momentum, underpinned by a rapidly growing customer base.Below is a chart illustrating Palantir’s sales on a quarterly basis.Image Source: Zacks Investment ResearchTo top off the robust results, Palantir provided its highest sequential quarterly revenue growth guide in its history for its Q4 (61% growth expected), while also increasing its current year sales, adjusted operating income, and adjusted free cash flow guidance.Putting Everything TogetherPalantir PLTR again posted robust quarterly results and provided a rosy outlook for its upcoming periods and current fiscal year. Growth was immense again, with a snowballing customer count and more lucrative deals providing obvious growth tailwinds.While the share reaction may be muted relative to how good the results were, it’s worth noting that PLTR shares have already climbed +140% in 2025, with the earnings positivity likely baked in over the past few weeks. Nonetheless, the company remains a prime selection for those seeking exposure to software and the AI trade, underpinned by massive growth rates and big demand forecasts.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Palantir Technologies Inc. (PLTR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks