Palantir Technologies Inc. PLTR will report its first-quarter 2026 results on May 4, 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 $1.54 billion, indicating 73.7% growth from the year-ago reported quarter.
According to the consensus estimate, government revenues are projected to be $763.8 million, indicating a 56.9% year-over-year increase. The consensus mark for Commercial revenues is pegged at $771.5 million, suggesting 94.4% year-over-year growth. Revenues are likely to have benefited from increased adoption of products and services by new and existing customers.
Palantir Technologies Inc. Revenue (TTM)
Palantir Technologies Inc. revenue-ttm | Palantir Technologies Inc. Quote
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.
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 #3 (Hold). You can see the complete list of today’s Zacks #1 Rank stocks here.
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Here are a few stocks that, according to our model, have the right combination of elements to beat on earnings this season.
ACV Auctions Inc. ACVA is scheduled to declare its first-quarter 2026 results on May 6.
The Zacks Consensus Estimate for ACVA’s first-quarter 2026 revenues is pegged at $201.43 million, indicating 10.25% year-over-year growth. The consensus estimate for earnings is pegged at 3 cents per share, implying a year-over-year decline of 25%.
Coherent Corp. COHR is scheduled to declare its third-quarter fiscal 2026 results on May 06.
The Zacks Consensus Estimate for COHR’s third-quarter fiscal 2026 revenues is pegged at $1.78 billion, indicating year-over-year growth of 18.8%. For earnings, the consensus mark is pegged at $1.41 per share, implying a 55% rise from the year-ago quarter’s actual.
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This article originally published on Zacks Investment Research (zacks.com).