Palantir Just Hit $1 Billion in Quarterly Revenue. Here's How It Compares With the Magnificent Seven. Palantir delivered another blowout earnings report, sending the stock higher. Palantir ( PLTR 3.55%) has given shareholders plenty to celebrate once again.

The firm, which has benefited from government cost cutting, saw strong revenue, but its price-to-earnings ratio could be a warning sign for investors. Shares of Palantir Technologies (Nasdaq: PLTR) are surging to new highs after the company reported better-than-expected Q2 2025 results.

Palantir hit a record high on Tuesday, closing with a 7.9% jump, but it wasn’t enough to stop the rest of the market from sliding. The S&P 500 dropped 0.49% to close at 6,299.19, while the Nasdaq Composite fell 0.