Quick Stats: Palantir Q3 2026 Earnings
| Metric | Value |
|---|---|
| Earnings Date | November 2, 2026, after US market close (results approximately 2:30 AM IST, earnings call 3:30 AM IST, November 3) |
| Expected EPS | About $0.41 adjusted (MarketBeat, TipRanks), vs $0.21 in Q3 2025 |
| Expected Revenue | About $2.17B to $2.18B, up about 84% YoY from $1.18B; company guidance $2.160B to $2.164B |
| Adjusted Operating Income Guidance | $1.292B to $1.296B, about a 60% margin at the midpoint (calculated) |
| 2026 Revenue Guidance | $8.150B to $8.158B, up 82%, raised from $7.650B to $7.662B in August |
| Prior-Quarter Result | Revenue $1.935B vs about $1.81B estimate; stock rose 29.45% the next session to $162.66 |
| Analyst Consensus | Moderate Buy; average price target $213.57 (TipRanks) |
| Options-Implied Move | About 11.65% in either direction (TipRanks) |
| Last Close | $184.11 on October 30, down 6.27% on the day |
Palantir Earnings Date: Q3 2026 Timing and Market Context
Palantir Technologies is scheduled to release its third-quarter 2026 financial results on Monday, November 2, 2026, immediately following the close of regular US trading hours. The operating quarter spans financial performance from July through September 2026. Because daylight saving time in the United States ended on November 1, standard 4:00 PM ET earnings releases arrive at approximately 2:30 AM IST on Tuesday, November 3, followed by the management live conference call at 3:30 AM IST (5:00 PM ET).
PLTR shares settled at $184.11 on October 30, down 6.27% in a broader session pullback across enterprise AI and semiconductor equities. That level sits roughly 13.5% below its 52-week peak of $212.94 and 13% above its $162.66 close following Q2 results, when the stock jumped 29.45% on a beat-and-raise report.
Options markets are pricing an implied post-earnings move of approximately 11.65% in either direction, slightly below the 12.8% average move observed across its last four releases.
While hyperscalers like Alphabet and Amazon faced pressure over heavy infrastructure capex and cash burn, Palantir sits on the pure software execution side of enterprise AI deployment. For related context on cloud and hardware spending, see our Amazon Q3 2026 earnings results and Intel Q3 2026 earnings results.
Also Read: AMD (AMD) Q3 2026 Earnings: Date, Expectations, Results Outlook & Key Watchpoints
Palantir Q3 2026 Results Outlook: What the Market Is Pricing In
Palantir issues explicit quarterly guidance for revenue and adjusted operating income, and consensus revenue sits just above the top of the revenue range:
| Metric | Palantir Guidance | Consensus |
|---|---|---|
| Revenue | $2.160B to $2.164B (about 83% growth at the midpoint, calculated) | About $2.17B to $2.18B |
| Adjusted operating income | $1.292B to $1.296B | Not available |
| Adjusted EPS | Not guided | About $0.41 to $0.42 |
| 2026 revenue | $8.150B to $8.158B (up 82%) | Not available |
| 2026 US commercial revenue | More than $3.424B (up at least 134%) | Not available |
| 2026 adjusted operating income | $4.889B to $4.897B | Not available |
| 2026 adjusted free cash flow | $4.5B to $4.7B | Not available |
Q2 demonstrated the high execution bar that investors are monitoring. Revenue of $1.935 billion topped the $1.81 billion consensus by $123 million, prompting management to raise full-year revenue targets by approximately $498 million at the midpoint.
Traders are watching cost structures closely: management previously signaled an increase in second-half expenses related to seasonal hiring, go-to-market marketing, and cloud computing infrastructure supporting enterprise AIP deployments.
Source: Palantir Q2 2026 earnings release (August 3, 2026); consensus from MarketBeat and TipRanks (EPS $0.41, revenue $2.18B) and Earnings Whispers (EPS $0.42, revenue $2.17B). The EPS whisper number cited by Earnings Whispers is $0.49.
Prior Quarter (Q2 2026) Snapshot
| Metric | Q2 2026 Actual | YoY Change |
|---|---|---|
| Total revenue | $1.935B (vs about $1.81B estimate) | +93% |
| US commercial revenue | $764M | +149% |
| US government revenue | $809M | +90% |
| Adjusted operating income | $1.194B (62% margin) | Not available |
| Adjusted EPS | $0.41 (vs $0.34 estimate) | GAAP EPS up from $0.13 |
| Adjusted free cash flow | $1.220B (63% margin) | Not available |
| Total contract value | $3.373B (US commercial $2.132B) | +49% (US commercial +153%) |
| Net dollar retention | 157% | Up from 150% in Q1 |
| Stock reaction | +29.45% the next session, to $162.66 | Not available |
Q2 was strong across Palantir’s key measures. US commercial revenue of $764M grew 149%, US government revenue grew 90%, and the Rule of 40 score reached 155%. Palantir also ended the quarter with 653 US commercial customers and $4.90B of remaining performance obligations, up 102%. Investors responded by pushing the stock up 29.45% the next day, which was the largest move of the last four post-earnings reactions.
Analyst Sentiment on Palantir Stock
Institutional equity sentiment remains positive, though valuation multiples generate ongoing debate:
- Analyst Price Targets: The consensus average 12-month target sits at $213.57 (18 Buy, 4 Hold, 2 Sell), implying roughly 16% upside potential from the $184.11 close. Wall Street targets range widely: Rosenblatt holds the Street high at $260, Citi maintains $250, Piper Sandler stands at $231, Goldman Sachs raised its rating to Buy with a $230 target on October 26, and Deutsche Bank holds a $225 objective.
- Key Support Shelves: Following the October 30 pullback, PLTR slipped below short-term support levels at $186.49 and $185.30. Downside technical levels to watch sit at $172.41 (roughly 6% below the close) and major structural support near $165.33 (down 10%).
- Overhead Resistance: The $186.49 pivot now acts as immediate resistance. Above that level, secondary resistance emerges near $210.34, approaching the 52-week peak of $212.94, followed by Fibonacci extensions at $225.27 and $241.03.
What Matters Most in Palantir Q3 2026 Earnings
US Commercial Growth After 149% in Q2
US commercial revenue is the clearest read on AI demand for Palantir. Q2 revenue of $764M grew 149%, US commercial total contract value grew 153% to $2.132B, and the full-year guide calls for at least $3.424B. Traders will check whether growth stays well above 100% and whether the customer count and net dollar retention of 157% keep rising.
Another Raise to the Full-Year Guide
Palantir raised its 2026 revenue outlook by about $498M at the Q2 report, and the stock trades at roughly 100 times forward earnings, according to TradingKey, so a beat alone may not be enough. Rosenblatt, which holds the Street-high $260 target, said its checks point to “another beat and raise in 3Q.”
Margins Against a Guided Expense Ramp
Adjusted operating margin was 62% in Q2, while the Q3 guide implies about 60% (calculated). If expenses rise faster than management signaled, margin could disappoint even on a revenue beat, and an adjusted operating income result above $1.296B would show the ramp is being absorbed.
Bull and Bear Scenarios
Bullish scenario: US commercial revenue growth stays above 100%, full-year revenue guidance is raised above $8.20 billion, and adjusted operating income surpasses $1.296 billion. In this case, PLTR has technical room to reclaim $186.49 and retest $210.34, with the upper boundary of the options-implied range sitting near $205.60.
Bearish scenario: US commercial growth moderates below 95%, full-year revenue targets are merely reiterated, or operating margins compress below 58%. Under these conditions, traders should watch technical support at $172.41, with extended selling pressuring $165.33 and the post-Q2 reference close near $162.66.
For Indian traders, post-earnings price action on PLTR will be reflected in CoinDCX US Stock Futures from approximately 2:30 AM IST on November 3, before Indian equity markets open at 9:15 AM IST, and the regular US session opens at 8:00 PM IST.
Track all US earnings coverage in our US stocks hub
How to Trade Palantir (PLTR) from India on CoinDCX
Indian investors and traders can access price movements in Palantir through CoinDCX US Stock Futures funded directly in INR without overseas banking transfers:
- Open the CoinDCX App: Launch the official application on your mobile device.
- Log In to Your Account: Authenticate your verified CoinDCX account credentials.
- Fund Your Futures Wallet in INR: Deposit Indian rupees directly into your US Stock Futures wallet with zero currency conversion steps.
- Locate the Contract: Search for PLTR within the US Stock Futures product tab.
- Set Position Parameters: Select a Long or Short position based on your market read, adjust your desired margin and leverage, and submit your order.
- Manage Risk: Monitor the position as post-earnings price volatility typically extends over a 24- to 72-hour window.
This trading setup avoids international banking remittances, overseas brokerage accounts, and foreign currency conversion charges.
Read our detailed tutorial blog: How to Trade on US Stocks Movements
Disclaimer
This article has been prepared by the CoinDCX Research Team for informational and educational purposes only. It does not constitute financial, investment, or trading advice. All data and figures cited are sourced from publicly available information including Palantir’s official investor relations materials, SEC filings, and third-party financial sources at the time of publication. Past performance of any stock, including PLTR, is not indicative of future results. Trading US Stock Futures involves risk, including the risk of loss of capital. Please conduct your own research and consult a qualified financial advisor before making any trading or investment decisions. CoinDCX is not liable for any trading decisions made based on the content of this article.
FAQs
Q1: When is Palantir reporting Q3 2026 earnings?
Palantir is scheduled to report Q3 2026 earnings on Monday, November 2, 2026, after the US market close. The quarter covers July to September 2026. In India, the results arrive at about 2:30 AM IST on November 3, and the earnings call is expected at 3:30 AM IST.
Q2: What are analysts expecting from Palantir’s Q3 2026 earnings?
Analysts expect adjusted EPS of about $0.41 on revenue of about $2.17 billion to $2.18 billion, up roughly 84% year on year. Palantir guided revenue to $2.160 billion to $2.164 billion and adjusted operating income to $1.292 billion to $1.296 billion, so consensus sits just above the top of the revenue guide.
Q3: What should traders watch in Palantir’s Q3 2026 earnings?
Traders should watch US commercial revenue growth against Q2’s 149%, any raise to the $8.150 billion to $8.158 billion full-year revenue guide, and adjusted operating margin against Q2’s 62%. Management has warned of a significant Q3 expense increase, which could pressure margin even if revenue beats.
Q4: What time is Palantir’s earnings call in India?
Palantir’s Q3 2026 earnings call is expected at 5:00 PM ET on November 2, which is 3:30 AM IST on Tuesday, November 3. The results are released shortly after the 4:00 PM ET close, at about 2:30 AM IST, so PLTR price action reacts well before Indian markets open at 9:15 AM IST.
