# Palantir Shares Fall 7% After Q3 Revenue Beat and Higher Guidance

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/47591
Published: 2026-11-03T11:21:47.000Z
Updated: 2026-11-03T11:21:47.000Z
Section: Business

> U.S. commercial contract value grew 11% year over year in Q3, compared with 153% year-over-year growth in Q2.

Palantir Technologies shares fell 7% in premarket trading Tuesday to $165.86 at 6:04 a.m. ET (11:04 UTC), despite a quarterly revenue beat and a higher full-year outlook. That put the stock below Monday’s $178.34 close.

Revenue for the quarter ended Sept. 30 was $2.313 billion, up 96% from a year earlier and above the $2.18 billion analyst estimate. Adjusted earnings were 44 cents per share, topping the 41-cent estimate.

Palantir raised its 2026 revenue forecast to $8.530 billion-$8.534 billion, from $8.150 billion-$8.158 billion in its August outlook.

William Blair analysts pointed to slower U.S. commercial bookings growth as a possible source of investor disappointment. U.S. commercial total contract value (TCV), which includes closed deals, existing contract obligations and available options, grew 11% year over year to $1.463 billion in Q3, compared with 153% year-over-year growth in Q2. Companywide TCV increased 6% to $2.918 billion.

U.S. commercial revenue rose 148% to $984 million, surpassing U.S. government revenue of $953 million for the first time.