Companies
Palantir Q3 revenue jumps 96% to $2.31B, but enterprise contract value falls
Palantir's Q3 revenue grew 96% to $2.31B, beating estimates, but U.S. enterprise contract value fell to $1.46B from $2.13B, signaling possible slowing.
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Palantir reported third-quarter 2026 revenue of $2.31 billion, up 96% year over year and beating analysts' $2.18 billion expectation. Adjusted EPS was 44 cents versus 41 cents expected. U.S. commercial revenue surpassed U.S. government revenue for the first time, but total contract value from U.S. enterprises fell to $1.46 billion from $2.13 billion in the prior quarter.
Palantir Q3 revenue jumps 96% to $2.31B, but enterprise contract value falls ↗
Companies
Microsoft books $10B in OpenAI revenue, nearly 11% of quarterly sales
Microsoft disclosed $10 billion in OpenAI-related revenue for the September 2026 quarter, with a 24% stake and $7.2 billion in outstanding receivables.
Enterprise
Microsoft discloses Azure quarterly revenue: $33.2B, up 48%
TechCrunch reports Microsoft disclosed Azure's quarterly revenue in dollars for the first time: $33.2B for July-September, up 48% and above analyst estimates.