Palantir to Report Earnings on November 2, Wall Street Expects EPS to Jump Nearly 89% Year-Over-Year

Deep News10-16 18:00

U.S. artificial intelligence software company Palantir Technologies Inc. (PLTR) will release its third-quarter results for fiscal year 2026 after the U.S. market closes on November 2.

Wall Street analysts expect the company's earnings per share (EPS) for the quarter to reach $0.34, representing an 88.9% increase from $0.18 in the same period last year.

Palantir has already beaten profit expectations for four consecutive quarters, and the market will be watching whether its artificial intelligence business can continue to support rapid growth.

EPS Expected to Grow 88.9%, Marking Four Straight Quarters of Beats

Market forecasts indicate that Palantir's third-quarter earnings per share will reach $0.34, an increase of $0.16 year-over-year.

As a platform company providing data analytics and artificial intelligence software to government agencies and enterprise clients, Palantir's main products include Gotham, Foundry, Apollo, and its artificial intelligence platform AIP, covering areas such as defense and security, data integration, and corporate operational decision-making.

The company has exceeded Wall Street expectations for four consecutive quarters, making the upcoming third-quarter results an important piece of evidence for testing the sustainability of its growth.

Company Market Value Approaches $483 Billion, AI Business Growth Draws Attention

As of the time of reporting, Palantir's total market value was approximately $482.9 billion.

As artificial intelligence technology is gradually applied to government and enterprise business processes, the market is focused on whether Palantir can further expand the commercialization scale of its AIP platform and convert customer demand into sustained revenue and profit growth.

In the upcoming earnings report, investors will focus on the difference between the company's actual earnings per share and the market expectation of $0.34, as well as management's assessment of future business growth.

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