Palantir Technologies Inc. PLTR will report its second-quarter 2026 results on Aug. 3, after the bell.
We expect a significant year-over-year improvement in the company’s top line in the to-be-reported quarter, driven by healthy business from both existing and new customers, strengthening both the Government and Commercial segments. The current Zacks Consensus Estimate for total revenues stands at $1.81 billion, indicating 80% growth from the year-ago reported quarter.
According to the consensus estimate, government revenues are projected to be $916.2 million, suggesting a 65.7% year-over-year increase. The consensus mark for Commercial revenues is pegged at $892.1 million, indicating 98% year-over-year growth. Revenues are likely to have benefited from increased adoption of products and services by new and existing customers.
Palantir’s growth story is closely tied to its comprehensive artificial intelligence strategy. The company integrates its proprietary Foundry and Gotham platforms with its advanced Artificial Intelligence Platform to enable organizations to process massive data sets and extract real-time insights.
Palantir Technologies Inc. Revenue (TTM)
Palantir Technologies Inc. revenue-ttm | Palantir Technologies Inc. Quote
These capabilities are particularly valuable in sectors where rapid decision-making and complex data integration are essential. Defense, intelligence, healthcare, and finance organizations rely on Palantir’s technology to streamline operations and improve strategic outcomes.
PLTR currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks That Warrant a Look
Here are a few stocks from the broader Computer and Technology sector that are set to report their earnings soon.
AMD AMD is scheduled to report its second-quarter 2026 results on Aug. 4.
The Zacks Consensus Estimate for AMD’s second-quarter 2026 revenues is pegged at $11.32 billion, indicating year-over-year growth of 47.3%. For earnings, the consensus mark is pegged at $1.61 per share, implying a 235.4% increase from the year-ago quarter’s actual. AMD beat the consensus estimate in each of the trailing four quarters, with the average earnings surprise being 6.5%.
Arista Networks ANET is scheduled to announce its second-quarter 2026 results on Aug. 4.
The Zacks Consensus Estimate for ANET’s second-quarter 2026 revenues is pegged at $2.83 billion, indicating 28.5% year-over-year growth. The consensus estimate for earnings is pegged at 89 cents per share, implying a year-over-year increase of 21.9%. ANET beat the consensus estimate in each of the trailing four quarters, delivering an average earnings surprise of 8.3%.
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This article originally published on Zacks Investment Research (zacks.com).