Palantir shares climbed as much as 7 per cent on Monday as the data intelligence group reported a surge in revenue driven by rapid growth in its US government contracts and American businesses embracing AI.
Strong fourth-quarter revenue of $1.4bn pushed its sales for 2025 up 56 per cent year on year to $4.5bn, beating Wall Street expectations of $4.4bn. Profits for the full year more than trebled to $1.6bn.
The Denver, Colorado-based company said it expected revenue to grow 61 per cent this year to $7.2bn, surpassing analysts’ expectations.
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