# Palantir Shares Gain 1.34% Before Nov. 2 Earnings Report

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/46629
Published: 2026-11-02T16:38:56.000Z
Updated: 2026-11-02T16:38:56.000Z
Section: Business

> Analysts expected $2.18 billion in quarterly revenue, about $16 million above the top of the company’s guidance range.

Palantir Technologies shares gained 1.34% in premarket trading Monday, Nov. 2, before the company’s scheduled third-quarter results release after the U.S. market close.

Analysts expected about $2.18 billion in quarterly revenue and adjusted earnings of 41 cents a share. The revenue estimate was about $16 million above the top of Palantir’s guidance range of $2.160 billion to $2.164 billion. Compared with the $1.181 billion in revenue and 21 cents a share reported a year earlier, those estimates imply increases of about 84% and 94%, respectively.

The premarket gain followed four losing sessions, including a 6.27% drop Friday, when shares closed at $184.11. Palantir shares’ [Friday decline ahead of the earnings report](<https://www.tokenpost.com/news/investing/46484>) came as the company approached its scheduled results release.

For full-year 2026, Palantir’s revenue guidance is $8.150 billion to $8.158 billion. The company expects U.S. commercial revenue to exceed $3.424 billion, representing at least 134% growth.

In the second quarter, total revenue rose 93% year over year to $1.935 billion, while U.S. commercial revenue increased 149% to $764 million. Management was scheduled to discuss the results and outlook in a webcast at 5 p.m. ET (22:00 UTC).



## Links in this article

- [Friday decline ahead of the earnings report](https://www.tokenpost.com/news/investing/46484)
