# Palantir Beats Q3 Revenue Forecast

> Palantir's Q3 revenue likely exceeds $2.3 billion despite conservative guidance.
- Title: Palantir Beats Q3 Revenue Forecast · The Motley Fool
- Summary: Palantir's Q3 revenue likely exceeds $2.3 billion despite conservative guidance. Palantir Technologies expects to report Q3 revenue above $2.3 billion…
- Keywords: palantir, revenue, commercial business, government revenue, sovereignty boot camps, finance, money, Beats, Forecast, The Motley Fool
- Source: The Motley Fool — https://fool.com/investing/2026/10/23/palantir-guided-for-216-billion-in-revenue-for-q3
- Author: Patrick Sanders
- Published: 2026-10-23T16:04:00+00:00
- Read time: 1 min
- Topics: palantir, revenue, q3, ai, commercial business, government revenue, sovereignty boot camps, finance, money
## Palantir's Q3 Revenue Guidance
Palantir Technologies reported third-quarter revenue guidance between $2.160 billion and $2.164 billion.
## Q3 Revenue Forecast Too Conservative
Palantir's last two quarters showed sequential revenue growth of 16% and 19%, suggesting Q3 revenue could reach $2.3 billion.
## Q1 and Q2 Performance
Palantir delivered $1.633 billion in Q1, 6.4% above guidance, and $1.935 billion in Q2, 7.5% above guidance.
## U.S. Commercial Growth
U.S. commercial revenue increased 149% year over year to $764 million in Q2, with 220 deals valued at $1 million or more.
## Sovereignty Boot Camps
Palantir conducted two sovereignty boot camps attracting nearly 200 organizations to demonstrate AI without data surrender.
## Government Revenue Growth
U.S. government revenue increased 90% year over year to $809 million in Q2, reflecting defense and intelligence demand.
## Key takeaway

Palantir Technologies expects to report Q3 revenue above $2.3 billion, surpassing its $2.16 billion guidance.