Palantir Technologies crossed the $1-billion quarterly revenue mark for the first time, reporting second-quarter sales of $1.004 billion, up 48 % from a year earlier and well above analysts’ $939 million consensus. Adjusted earnings rose to $0.16 a share, versus expectations of $0.14, while GAAP net income more than doubled to $327 million. The performance extends a sharp demand surge for the company’s artificial-intelligence software and data platforms. Growth was led by the United States, where revenue jumped 68 % to $733 million. U.S. commercial revenue nearly doubled, climbing 93 % to $306 million, and government revenue advanced 53 % to $426 million. Palantir closed 157 contracts worth at least $1 million each, lifting total contract value 140 % to $2.27 billion. The quarter delivered a Rule-of-40 score of 94 and generated adjusted EBITDA of $470.9 million on a 46 % adjusted operating margin. Management forecast third-quarter revenue of $1.083 billion to $1.087 billion—about 50 % above the prior-year period—and raised full-year guidance to $4.14 billion–$4.15 billion from $3.89 billion–$3.90 billion. It also projected adjusted operating income of up to $1.92 billion for 2025. Shares rose roughly 4 % to 5 % in post-market trading as investors welcomed the stronger outlook and the company’s first billion-dollar quarter.