Palantir Technologies (PLTR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Palantir Technologies Inc. (PLTR) reported $1.63 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 84.7%. EPS of $0.33 for the same period compares to $0.13 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.54 billion, representing a surprise of +6.04%. The company delivered an EPS surprise of +13.79%, with the consensus EPS estimate being $0.29.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Palantir Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Customers: 1,007 versus 1,015 estimated by three analysts on average.Revenue- Government: $858 million versus the six-analyst average estimate of $768.02 million. The reported number represents a year-over-year change of +76.2%.Revenue- Commercial: $774 million versus the six-analyst average estimate of $773.63 million. The reported number represents a year-over-year change of +95%.View all Key Company Metrics for Palantir Technologies here>>>Shares of Palantir Technologies have returned -1.3% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks