Palantir Q3: US commercial revenue +148% YoY but new contract value only +11%
tweeluck · x · 2026-11-05
Tilak Shrivastava dissects two diverging Palantir Q3 2026 numbers: US commercial recognized revenue grew +148% YoY ($397M → $984M) while US commercial TCV signed grew just +11% ($1.31B → $1.463B). Total revenue hit $2.313B (+96%), NDR 165%. His advice for AI founders: track production adoption, verified value and future commitments — the two growth rates measure different things and shouldn't be netted.
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