The Zacks Consensus Estimate for earnings is pegged at 11 cents, implying 37.5% growth from the year-ago reported quarter. Top-line growth and operating margin expansion are likely to have driven the bottom line.

Along with the better-than-expected Q4 revenue and earnings and 2025 guidance, there was likely another catalyst for investors sending Palantir stock soaring: In Q4, U.S. commercial revenue growth was a powerful 64% year over year. The company's early heavy dependence on government spending had concerned some investors.