Palantir reported third-quarter 2026 revenue of $2.313 billion, up 96% year over year, while customers signed shorter contracts. CFO David Glazer explained that clients are rapidly deploying the company’s sovereign AI solutions and initially committing for shorter periods before fully measuring their value. Management expects contract durations and sizes to increase as customers derive more benefits from their deployments. Palantir raised its full-year revenue forecast to between $8.53 billion and $8.534 billion and its US commercial revenue forecast to more than $3.559 billion, following a 79% increase in US commercial remaining deal value.
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