- Adjusted operating margin expanded to 46%, exceeding prior guidance by nearly 300 basis points, and adjusted free cash flow was $569 million with a 57% margin.
- Customer count grew 43% year-over-year to 849, with top 20 customers averaging $75 million in trailing 12-month revenue, up 30% year-over-year.
- GAAP operating income was $269 million (27% margin), GAAP net income was $327 million (33% margin), and GAAP earnings per share was $0.13.
- Palantir surpassed $1 billion in quarterly revenue for the first time in Q2 2025, with overall revenue growth accelerating to 48% year-over-year.
- The company achieved a Rule of 40 score of 94% in Q2, up 11 points quarter-over-quarter, indicating strong combined revenue growth and profitability.
- Total Contract Value (TCV) bookings reached $2.3 billion, the highest ever, with Annual Contract Value (ACV) at $684 million.
- U.S. business revenue grew 68% year-over-year and 17% sequentially, with U.S. commercial leading at 93% year-over-year growth and 20% sequential growth.
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