Palantir's stock jumped over 20% in after-hours trading following its strong Q4 earnings.
In Q4, Palantir reported adjusted earnings per share of 14 cents and revenue of $827.5 million, beating analyst expectations.
The company closed significant deals, with 129 contracts of at least $1 million, 58 deals of at least $5 million, and 32 deals of at least $10 million.
For its fiscal 2025 first quarter, Palantir expects revenue of $858 million to $862 million and projects a full-year revenue of $3.741 billion to $3.757 billion.