Palantir Stock Soars Nearly 15% After Hours as Company 'Smoked Expectations' on Earnings, but Jim Cramer

Palantir Stock Soars Nearly 15% After Hours as Company 'Smoked Expectations' on Earnings, but Jim Cramer

Palantir beat Q2 ($1.94B revenue, $0.41 EPS) and raised full-year guide to $8.16B, rising 15% after-hours. Rule of 40 of 155—combining near-100% growth with 50%+ operating margin—shows rare SaaS profitability positioning Palantir above AI infrastructure, not inside hyperscaler capex.