
Peter Thiel's Defense Tech Stock Palantir Technologies Inc. (NASDAQ:PLTR) Trends on Second Quarter Results
U.S. government revenue grew 53% year-over-year and 14% quarter-over-quarter to $426 million

August 6th, 2025 Investorideas.com, a top-rated investment site for investment and trading ideas for AI and defense stocks, issues an alert for defense tech stock Palantir Technologies Inc. (NASDAQ:PLTR).
Palantir's stock trended yesterday after it reported financial results for the second quarter ended June 30, 2025.
The stock had a day's range of $169.22 - 176.33 on volume of over 129 million shares. The stock has a 52-week range of 26.24 - 176.33. Peter Thiel's bet on J.D. Vance and this new administration's position on AI and defense have paid off as U.S. government revenue grew 53% year-over-year and 14% quarter-over-quarter to $426 million.
"This was a phenomenal quarter. We continue to see the astonishing impact of AI leverage. Our Rule of 40 score was 94%, once again obliterating the metric. Year-over-year growth in our U.S. business surged to 68%, and year-over-year growth in U.S. commercial climbed to 93%. We are guiding to the highest sequential quarterly revenue growth in our company's history, representing 50% year-over-year growth," said Alex C. Karp, Co-Founder and Chief Executive Officer of Palantir Technologies.
Q2 2025 Highlights
- U.S. revenue grew 68% year-over-year and 17% quarter-over-quarter to $733 million
- U.S. commercial revenue grew 93% year-over-year and 20% quarter-over-quarter to $306 million
- Revenue grew 48% year-over-year and 14% quarter-over-quarter to $1.004 billion
- Closed 157 deals of at least $1 million, 66 deals of at least $5 million, and 42 deals of at least $10 million
- Closed a record-setting $2.27 billion of total contract value ("TCV"), up 140% year-over-year
- Closed a record-setting $843 million of U.S. commercial TCV, up 222% year-over-year
- U.S. commercial remaining deal value ("RDV") of $2.79 billion, up 145% year-over-year and 20% quarter-over-quarter
- Customer count grew 43% year-over-year and 10% quarter-over-quarter
- GAAP income from operations of $269 million, representing a 27% margin
- Adjusted income from operations of $464 million, representing a 46% margin
- Rule of 40 score of 94%
- GAAP net income of $327 million, representing a 33% margin
- Cash from operations of $539 million, representing a 54% margin
- Adjusted free cash flow of $569 million, representing a 57% margin
- GAAP earnings per share ("EPS") of $0.13
- Adjusted EPS of $0.16
- Cash, cash equivalents, and short-term U.S. Treasury securities of $6.0 billion
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