Full-Time
Enterprise software enabling data-driven transformation
$130k - $135k/yr
New York, NY, USA
Hybrid
Hybrid schedule in New York.
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Palantir builds software that helps large organizations run their digital transformation by giving them tools to access, connect, and analyze all of their data. Its platforms pull data from many sources, clean and link it, and then let users explore dashboards, reports, and AI-powered insights to make informed decisions. Unlike many analytics tools that focus on one data source or a single function, Palantir emphasizes an integrated, enterprise-wide data foundation with governance and security to support complex environments. The goal is to turn raw data into actionable intelligence that guides strategy and operations, helping clients deploy and scale transformative programs.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Aventura, Florida
Founded
2003
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Transparency
Take-What-You-Need Time Off Policy
Family Support
Community
Equity
Mental Health and Wellbeing
Healthcare
Palantir Technologies closed Friday at $172.01, valuing the AI software company at about $413 billion. The company needs to reach approximately $208 per share to hit a $500 billion valuation, just 55 cents above its November record high of $207.52. The stock's recent momentum stems from strong second-quarter results. Revenue rose 93% year-over-year to $1.94 billion, with US commercial revenue up 149% to $764 million. Net income reached $1.06 billion with a 55% margin. Palantir closed $3.4 billion in total contract value during the quarter, up 49% year-over-year. The company raised its full-year revenue outlook to approximately $8.15 billion, roughly 82% above 2024, and increased its adjusted free cash flow target to $4.5-4.7 billion.
PLTU, Direxion's 2X leveraged Palantir ETF, surged 64% in one week following strong Q2 earnings but has lost 35% over 12 months whilst the underlying PLTR stock remained nearly flat. The divergence stems from daily resets that erode capital during sideways trading. Palantir reported Q2 adjusted EPS of $0.41 versus consensus of $0.28, with revenue of $1.94 billion, up 93% year-over-year. CEO Alex Karp described results as "otherworldly", citing 149% US commercial revenue growth. PLTR climbed 32% in a week following earnings, pushing PLTU from $27.37 to $44.82. However, volatility decay turned a $10,000 PLTU investment into $6,544 over 12 months. The fund holds $486.9 million in assets, with 21% in direct PLTR shares and the remainder in cash collateral and swaps.
Palantir shares jumped 29.45% on Tuesday, closing at $162.66 after reporting 93% quarterly revenue growth and raising full-year guidance. The following day, Shopify rose 16.98% to $144.24 on a second-quarter beat. Motley Fool's David Gardner calls such moves "spiffy-pops" — when a stock rises more in one day than an investor's original purchase price. The phenomenon rewards early, long-term holders rather than traders. Shopify exemplifies this. First recommended by Motley Fool's Rule Breakers service in February 2016 at $2.10 per share (split-adjusted), Wednesday's $20.94 gain was nearly ten times that initial price. The position now shows returns exceeding 6,000%. Palantir's $37.01 single-day gain similarly benefited investors whose cost basis sat below $37 — typically those who bought during the company's first public years.
Palantir Technologies' post-earnings rally inflicted approximately $3 billion in mark-to-market losses on short sellers, according to S3 Partners data. The stock surged 30% after reporting second-quarter revenue of $1.94 billion, up 93% year-over-year, and GAAP earnings of $0.41 per share. The rally erased bears' entire 2026 paper profits. Short sellers had accumulated roughly $2.7 billion in year-to-date gains before Monday's earnings release. Despite the surge, Palantir remained about 10% lower for the year. The company develops software helping governments and businesses combine datasets and run AI models through its Gotham, Foundry and Artificial Intelligence Platform products. Wall Street positioning remains predominantly positive, with 20 of 32 recent analyst recommendations rated buy or strong buy.
Palantir Technologies reported Q2 2026 revenue of $1.935 billion, up 93% year over year and $135 million above guidance. The company's shares rose 30% following the announcement. Management raised full-year 2026 revenue guidance by nearly $500 million to $8.15 billion, marking the largest annual increase in company history. The raise stems from record U.S. commercial contract signings of $2.132 billion in total contract value, nearly $800 million more than any previous quarter. U.S. commercial revenue grew 149% year over year. Adjusted free cash flow reached $1.22 billion. Customers are primarily purchasing Palantir's Artificial Intelligence Platform to keep data and model weights within their own security boundaries. Management guided Q3 2026 revenue to $2.16 billion whilst noting expected seasonal expense increases from new hires.