Q3 2025 Earnings — Results of Operations, Reg FD Disclosure

U.S. commercial revenue surged 121% year-over-year to $397 million in Q3 2025, powering total revenue to $1.18 billion (up 63%) with a Rule of 40 score of 114%, while total contract value hit a record $2.76 billion. Palantir raised full-year 2025 revenue guidance to roughly $4.4 billion (53% growth), with adjusted operating margins holding at 51%, signaling that its AI Platform (AIP) is driving compounding demand that's simultaneously accelerating growth and expanding profitability — a rare combination at this scale.