Palantir Technologies Inc. has seen a significant jump in its year-over-year sales, with US commercial sales increasing by 64%. The company’s shares surged after releasing a full-year revenue forecast that exceeded analyst expectations. CEO Alex Karp attributed the growth to “untamed organic growth” in demand for its artificial intelligence software.
According to Palantir, the company’s total revenue is expected to reach $3.75 billion in 2025. Adjusted operating income is projected at $1.56 billion. The forecast significantly surpassed average analyst projections of $3.54 billion in revenue and $1.37 billion in operating profit.
Source: https://www.bloomberg.com/news/articles/2025-02-03/palantir-gives-strong-2025-outlook-fueled-by-untamed-ai-demand