Palantir CEO defends surveillance tech as US government contracts boost sales
Palantir’s U.S. government revenue rose 66% to $570 million in Q4 2025, driven by defense contracts and AI tools amid scrutiny over surveillance safeguards.
- On Monday, Alex Karp, CEO of Palantir Technologies, defended the firm's surveillance and AI tools as total sales of $1.41 billion exceeded analysts' estimates.
- U.S. government contracts lifted revenue, as Palantir won a $30 million contract with U.S. Immigration and Customs Enforcement in April for real-time visibility systems.
- The CEO emphasized legal and technical safeguards, noting the system requires Fourth Amendment data protections and that audit logs and permissioning controls ensure only authorized access.
- Market reacts were mixed as Palantir expects revenue between US$7.18-billion and US$7.20-billion in 2026, with shares jumping around 5% and nearly 12% early on Tuesday.
- Amid growing scrutiny after January's deadly protests, Palantir's military-grade AI marketing and the sale of a U.S. unit by CapGemini reflect broader reputational risks, critics said.
39 Articles
39 Articles
Palantir stock jumps as Q4 earnings beat forecasts on US AI demand
Palantir Technologies reported stronger-than-expected fourth-quarter results on Monday, sending its shares sharply higher in premarket trading as investors reacted to accelerating growth in both government and commercial demand for its artificial intelligence-driven software. In premarket ...
Palantir Technologies delights the market with a 70 percent jump in sales and significantly exceeds analyst expectations. The share increases by more than eight percent in post-trade US trade.
Palantir Isn't Adding Many New Customers — Existing Clients Are Spending Much More, CEO Alex Karp Says: 'AI Has Just Put Gasoline On All' - Palantir Technologies (NASDAQ:PLTR)
Palantir Technologies Inc. (NASDAQ:PLTR) on Monday said that the latest surge in its revenue is being driven less by new customer wins and more by existing clients sharply increasing their spending. Revenue Growth Comes From Bigger Deals, Not More Customers During the company's fourth-quarter earnings call, Palantir CEO Alex Karp told investors that the company's growth is coming from deeper engagement with serious customers rather than a rapid …
Pressure mounts on Palantir as scepticism grows over Big Tech
For the first time in two years, Palantir Technologies’ shares are not rallying into a quarterly earnings report, a signal that investors are finding fewer reasons to snap up what has become one of the most expensive stocks in the S&P 500 Index.
Palantir CEO Calls Earnings Beat a ‘Cosmic Reward’ for Loyalty to ‘Idiosyncratic Project’
Few companies are more polarizing than Palantir. Shares in the retail investor favorite are up nearly 80% in the past 12 months, despite tumbling almost 30% from their November high, reflecting a market-churning mix of rabid enthusiasm and circumspection for a stock with a valuation of the nosebleed variety. On Monday, the software firm charted a glorious 2026 for the believers. After reporting a 70% year-over-year increase in fourth-quarter re…
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