Q2 2025 Earnings — Results of Operations, Reg FD Disclosure

U.S. commercial revenue surged 93% year-over-year to $306 million, total contract value hit a record $2.27 billion (up 140%), and the company raised full-year 2025 revenue guidance to 45% growth, blowing past Wall Street expectations. With a Rule of 40 score of 94% and Q3 guided at 50% year-over-year growth — the fastest sequential jump in company history — Palantir is signaling that AI-driven demand is accelerating, not plateauing.