After the closing bell on May 5, Palantir (PLTR) reported its highly anticipated Q1 2025 results, which beat analysts’ revenue and earnings estimates. Despite the upside surprise, PLTR shares fell about 12% on Tuesday as investors reacted to the news.

Shares of Palantir Technologies (NASDAQ:PLTR) tumbled 12% Tuesday morning after the artificial intelligence data analytics firm handily beat analyst first-quarter revenue and earnings forecasts while also raising its full-year outlook.

Palantir Technologies Inc.’s stock is falling more than 13% on Tuesday, despite the company’s solid first-quarter earnings and better-than-expected guidance.