US EditionPalantir lifts full-year guidance as CEO Karp cites ‘tectonic shift’ in AI adoption
- Palantir Technologies CEO Alex Karp raised full-year revenue guidance after reporting strong first-quarter results on March 13, 2025, in Palo Alto, California.
- The company boosted outlook due to a surge in both commercial and government revenue driven by rising AI adoption and increased U.S. Defense sector usage.
- Commercial revenues grew 71% to $255 million, government sales jumped 45% to $373 million, and total U.S revenue rose 55% to $628 million for the quarter.
- Karp said Palantir faces a 'tectonic shift' in software adoption with demand for large language models creating a 'stampede,' while net income reached $214 million.
- The company expects 2025 revenues between $3.89 billion and $3.90 billion, boosted adjusted free cash flow, and closed 139 million-dollar deals, suggesting robust growth ahead.
23 Articles
23 Articles
Palantir CEO credits the company’s $3.9 billion revenue projections to its 'warrior culture'
Palantir CEO Alex Karp says that its projected $3.9 billion revenue success can be credited to both President Donald Trump's policies and a “warrior culture.” In the business world, that translates to a relentless drive, adaptability, and innovation—something that many firms may need to adopt to successfully navigate any upcoming economic uncertainty. President Trump’s tariffs and economic policies have CEOs panicked about the future of their bu…
Palantir stock sinks 15% because the AI boom isn't enough for Wall Street
Palantir (PLTR) reported strong first-quarter results after the close on Monday, showcasing rapid growth across its U.S. operations — but that wasn’t enough to satisfy Wall Street. Shares of the AI and data analytics software provider dropped as much as 15% on Tuesday, a sharp slide for a stock that’s risen almost…Read more...
Palantir CEO Alex Karp touts 'warrior culture' as company boosts annual revenue outlook
Palantir CEO Alex KarpGetty ImagesPalantir CEO Alex Karp credits the defense tech wave for the company's strong Q1 performance.The company raised its annual revenue guidance amid AI software sales momentum.Palantir's stock is up over 64% this year. Palantir CEO Alex Karp is riding high on the pro-defense tech wave largely ushered in by the Trump administration.On Monday's earnings call, Karp attributed the company's first quarter performance to …
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