American artificial intelligence company Palantir Technologies reported net profit of $870.5 million in the first quarter of 2026, four times higher than the same period last year. The company provides military technology to the Pentagon and Israeli forces.
Palantir Technologies is a US software and artificial intelligence company led by Alex Karp that provides military technology to the Pentagon and Israeli Defense Forces. The record profits occurred during the war against Iran, initiated by the United States and Israel in February 2026.
Palantir reported net profit of $870.5 million (R$ 4.2 billion) in Q1 2026, four times higher than the same period last year
Total revenues grew 85%, reaching $1.63 billion
The company provides technology to the Pentagon, Israel Defense Forces and Ukrainian army
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