Palantir lifts full-year guidance as CEO Karp cites tectonic shift in AI adoption

▤ Summary

Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. Heres how the company did compared with LSEG consensus estimates: "We are delivering the operating system for the modern enterprise in the era of AI," CEO Alex Karp wrote in an earnings release Monday, adding that the company is in the "middle of a tectonic shift in the adoption" of its software. The company is forecasting that U.S. commercial revenues will top $1.178 billion this year. He said that demand for large language models and the software supporting it has "turned into a stampede." Palantirs revenues grew 39% from $634.3 million in the year-ago period.

▦ Linked Companies