Palantir Q1 2025 Investor Update

Palantir's Q1 2025 investor update reports $628 million in total revenue, up 39% year-over-year, with US revenue growing 55% and US commercial revenue up 71%. The deck covers the Palantir Degree fellowship launch, TITAN deliveries to the U.S. Army, the Maven Smart System for NATO, and the Warp Speed manufacturing platform. Financial metrics include a 20% GAAP operating margin, $391 million adjusted operating income at a 44% margin, Rule of 40 at 83%, $5.4 billion in cash with no debt, and 139 deals closed above $1 million. Q2 2025 guidance is $934–938 million; full-year guidance is $3.890–3.902 billion.