Palantir Technologies delivered a standout performance in its latest earnings report, sending its stock sharply higher following the company’s raised outlook for the remainder of 2025. The data analytics firm reported second-quarter revenue of $1.004 billion, marking a substantial 48% increase year-over-year. U.S. commercial revenue was especially impressive, soaring 93% compared to the same period last year, with overall U.S. revenue jumping 68%. The company also reported robust growth across both its commercial and government segments in the U.S.

Palantir’s leadership attributed this growth in large part to the ongoing adoption of its artificial intelligence platforms, which continue to gain traction among enterprise clients. During the quarter, Palantir closed a remarkable 157 deals worth at least $1 million each, underlining the company’s momentum in landing sizable contracts.

Based on this momentum, Palantir raised its full-year revenue guidance, now forecasting year-over-year growth of 45% and projecting even stronger results for the upcoming third quarter. Market analysts widely interpreted the results as exceeding Wall Street’s expectations, labeling the performance a “blowout” and reinforcing bullish sentiment on the stock’s future trajectory.

In contrast, shares of Hims & Hers saw a sharp decline after the company reported its quarterly results, as investors appeared disappointed with the guidance and outlook provided. The divergence between the two stocks underscores the pivotal role that forward-looking guidance can play in shaping market sentiment, especially during earnings season.

Investors are now closely watching Palantir’s execution in the coming quarters, with optimism fueled by the company’s strong current performance and upbeat outlook. The recent results highlight the growing importance of AI-driven solutions in the enterprise market and the ability of standout performers like Palantir to set the pace for the broader technology sector.