Earnings call briefSecond-quarter 2026
Palantir Technologies says third-quarter expenses will ramp up
The company said adjusted gross margin, which excludes stock-based compensation expense, was 86% for the quarter, reflecting higher costs from cloud hosting for one government customer.
GetSignal Palantir Technologies PLTR
Chief Financial Officer David Glazer said on the second-quarter call that Palantir Technologies expects a ramp in expense in the third quarter due to the seasonality of new hire starts and other product and marketing initiatives.
Chief Executive Officer Alexander Karp said he is driving the business to grow at a rate equal to or above U.S. commercial growth for the next 18 months.
Quotes from the call
“As in prior years, we expect a significant ramp in expense in the third quarter due to the seasonality of new hire starts and other product and marketing initiatives.”
Key facts from the call
- Expected third-quarter expense
- Ramp due to seasonality of new hire starts and product and marketing initiatives
- Growth goal, next 18 months
- Equal to or above U.S. commercial growth rate
Source: Palantir Technologies' second-quarter 2026 earnings call, August 3, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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