Palantir: Still Very Enticing After An 'Otherworldly' Q2 Print

Palantir delivered a Q2 earnings report with 93% YoY revenue growth, a 155% rule of 40 score, and robust commercial momentum. U.S. commercial revenue surged 149% YoY, outpacing government growth and signaling successful customer diversification and deepening enterprise adoption. Profitability metrics soared, with adjusted operating margin at 62% and free cash flow margin at 63%, even amid aggressive AIP investments.