Palantir Technologies (PLTR) reported fourth-quarter revenue of $1.41 billion, surpassing estimates and growing 70% YoY. The company’s U.S. government revenue rose 66% YoY to $570 million, while U.S. commercial revenue doubled to $507 million. Despite a 34% YoY customer count growth, revenue from the top 20 customers increased by 45% to $94 million per customer. Palantir closed 61 deals worth over $10 million in Q4, with total contract value bookings reaching a record $4.3 billion. The company’s revenue growth and adjusted operating margin hit 127% in the quarter, generating $2.3 billion in adjusted free cash flow for the full year. Palantir expects revenue of $7.18-$7.20 billion in 2026. Shares rose 7% following the earnings report.

Read more at Yahoo Finance: Palantir CEO Alex Karp Says ‘Inexplicable Growth in Revenue, but Not Inexplicable Growth in Customers’ Is Ahead. What Does That Mean for PLTR Stock?