Palantir's Q2: When 85% Revenue Growth Disappoints

Palantir reports Q2 2026 results after market close August 3, and expectations are punishing. The stock fell 5.7% after Q1's 85% revenue growth — investors now demand accelerating growth, not just growth. Management already raised full-year 2026 guidance from 61% to 71% year-over-year. Even maintaining that could disappoint. Adjusted operating margin guidance sits near 59%.