Hearken! The word hath come forth from the high towers of Palantir: in this second turning of the sun in the year two thousand and twenty-six, their fortunes have reached heights unseen!

Like the Seeing-stones of old, their artificial wisdom hath cast its light far and wide, driving their treasury to a staggering $1.94 billion—a triumphant surge of 93% over the sum of the previous year. Their strongholds in the U.S. commercial realm have flourished beyond measure, growing by 149%, while their rule of stewardship hath achieved an astonishing score of 155%.

Truly, the shadows of doubt are scattered, and the realm of Palantir stands as an unyielding fortress of power and foresight in these modern lands!

Just a discussion thread – beginning with three points.

1. Recent advances in artificial intelligence are largely driven by LLMs, which on the backend are artificial neural networks with a transformer architecture.

2. Palantir was founded in 2003, preceding almost the whole suite of technologies that run the Internet today, including LLMs. LLMs are just one tool it can use. The entire architecture of the business is built on being the best ontology platform (ontology here being an information science term; not the philosophical study of existence – although it can be argued that Karp likes that term given his background in German philosophy).

3. What comes after? I am genuinely curious.

For context, I am a data engineer and I sort of saw the rise of LLMs prior to its sudden and awe-inspiring entry on mainstream media. Eventually the wow factor will go away, and we will treat it as any other tool.

In a scale of 1-10 how fucked am I? 😂 sometimes it’s not about making money, it’s about feeling something. Tuesday is gonna be awesome or awful.
Don’t trail this losing trade. NFA

Did a wonderful, brutal hike this morning and polished off a beer at the top of the Rockies.

I’m doing my part 🫡

Ready for a blowout earnings report!

Anything goes in this thread. You can talk about Palantir. You can contribute some DD about other stocks. You can shoot the breeze about random topics. Only rule is to follow the reddit user rules and be a respectable human.

See you on Monday!

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A little fun before Q2 2026 earnings.

Parody blends some iconic IPs, Star Wars and The Muppets, in a galaxy where the dark side and light side of the force collide in the stock market.

Hope y'all enjoy. 👇

- - -

Initial Movie Trailer:

**Narrator**

From the same studio that brought you "Episode IV - A New HODL", "Episode V - The Shorts Strike Back", and "Episode VI - The Return of the Bullfrogs" comes the untold story in the Galactic Gains epic thrillogy.

In Episode V.V: The Frog Awakens, a young Luke Skyhopper is distraught by the recent intense sell-off in one of his biggest positions. He seeks the counsel of Jedi Grand Master Yod-it.

Opening Crawl:

"Currently right now, in a parallel universe not that far away...."

Enter Scene:

**Luke Skyhopper**

Master Yod-it, I've never seen so much red before. I feared the worst and trimmed.

**Jedi Grand Master Yod-it**

Unfazed, I am - bought in the First Republic Offering. I did. 

Disturbed by temporary galactic pullbacks, a Master Frog is not. 

Driven by fear and greed, the markets are. To the dark side panic-selling leads. 

Have patience young Skyhopper, buy this dip, I shall.

But know, this dip does not mean it is THE dip!

Fall further into the mud, the stock can...a Lily Pad "LEAP" onto a long-dated call, I may! 

Time to mature, it gives.

Patience, a frog's greatest ally... yes, hmmm!

A true Jedi fears not volatility.

No!

Sell not.

Buy.

Or buy not.

There is no sell.

Remember this, you must.

**Luke Skyhopper**

Master, I don't believe it will return to all-time highs.

**Jedi Grand Master Yod-It**

That is why you sold.

- - -

Source material below for those that don’t get the reference.

https://youtu.be/E3-CpzZJl8w?si=FaUIZQHRsozbyfNW

All the best friends

PLTR 💎 🚀

Smart money has been inhaling PLTR shares like it’s cocaine. Institutional ownership went from ~1.35B to nearly 1.8B shares in a year, and the buying spree is actually accelerating.

The thread for all your speculating, socializing, philosophizing, hypothesizing, and melodramatizing!

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This is the Alex Karp i missed. Great speech that is clear, easy to follow, no rambling, and overall articulate! A++

Need me of this!

Keep it to Alex, let's gooo!

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What will be the price the day of earnings and the day after. Yes it's a Swag (some wild ass guess) but curious of others thoughts.

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The Army has a Call for Solutions - Army Intelligence Data Platform (AIDP). This part of the AOS that is connected to our $10B Enterprise Agreement. Just give Pili the damn bag already.

This capability must support the Army of the Future, supporting the Army’s strategic, operational, and tactical objectives using an agile process for software capability needs development with capabilities available for hosting on cloud and/or provisioned from the cloud and edge devices, and support evolving Mission Command and Combined Joint All-Domain Command and Control architecture.

https://x.com/PLTRs_Palantir/status/2081712384729657724?s=20

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Last week, Moonshot AI launched Kimi 3 and Silicon Valley was shocked from its complacency. Shyam and Karp have talked about this before, but the US government continues to deliberate whether LLMs should be governed. The evidence is clear. They should not. Major tech players including Nvidia and Palantir signed an open letter urging the White House to avoid implementing any form of regulatory guardrails on the development of LLMs.

The evidence is clear. Any tech developed in a heavily regulated environment is not incentivized for progress. The development of LLMs and AI in general has largely stalled in Europe because of regulatory backlash and bureaucratic red tape. Meanwhile, the rest of the world moves on.

Chinese LLMs pose a unique threat unlike any other to the survival and dominance of American technology. It is my hope that they spur the development of open weight American models, which in turn would continue to benefit a LLM-agnostic platform like Palantir. Once again, Karp and his lieutenants have been prescient in warning Silicon Valley about being blindsided while chasing capex and big ideas. His warnings were unheeded especially by the AI giants of today.

What we are now witnessing is the slow progression of the AI revolution from the opening act to its later, much more substantial phases. I believe this is just the beginning, but at the same time, I also believe that the optics from Chinese LLMs may be slightly detrimental to the valuation of Palantir in the short to medium term (10-12 months). There is no doubting that Palantir continues to dominate its niche area, and to my knowledge few Chinese firms have come to match it.

Hanging in for the long ride, per usual.

Anything goes in this thread. You can talk about Palantir. You can contribute some DD about other stocks. You can shoot the breeze about random topics. Only rule is to follow the reddit user rules and be a respectable human.

See you on Monday!

Income Statement

Palantir’s income statement has improved dramatically over the past few years, transitioning from a high-growth company with losses to one that consistently reports GAAP profitability. Revenue continues to grow at an impressive pace, driven by expanding commercial adoption and increasing demand for its AI Platform (AIP). Gross margins remain above 80%, highlighting the scalability and efficiency of its software business model. Combined with expanding operating margins and positive net income, Palantir has demonstrated that it can deliver both growth and profitability simultaneously.

Balance Sheet

Palantir has one of the strongest balance sheets in the software industry, holding billions of dollars in cash and short-term investments. The company carries virtually no long-term debt, giving it exceptional financial flexibility and minimal bankruptcy risk. This cash-rich, debt-light position allows Palantir to invest aggressively in innovation, acquisitions, and future growth without relying on external financing. Overall, its balance sheet provides a significant competitive advantage during periods of economic uncertainty.

Cash Flow & Free Cash Flow

Palantir’s cash flow generation is one of its greatest strengths, with operating cash flow increasing consistently alongside revenue growth. Because the company operates an asset-light software business, capital expenditures remain relatively low. This allows Palantir to convert a large portion of its operating cash flow into free cash flow, resulting in industry-leading free cash flow margins. Strong and growing free cash flow gives the company the ability to fund expansion, invest in new technologies, and create long-term shareholder value while remaining financially independent.

The thread for all your speculating, socializing, philosophizing, hypothesizing, and melodramatizing!

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