- Record “otherworldly” growth: Palantir Technologies reported Q3 2025 revenue of nearly $1.2 billion – up 63% year-on-year – beating forecasts and prompting a full-year guidance raise to about $4.4 billionbusinessinsider.comseekingalpha.com. CEO Alex Karp hailed it as “arguably the best results that any software company has ever delivered”businessinsider.com.
- “Anti-woke” stance: On the earnings call, Karp proclaimed Palantir “the first company to be completely anti-woke,” praising employees for supporting free speech and “fighting for…the right side of…meritocracy [and] lethal technology” to deliver “venture-quality results” for “normal Americans”businessinsider.combusinessinsider.com.
- ICE and Israel controversy: Karp openly embraced Palantir’s contentious work with U.S. Immigration and Customs Enforcement (ICE) and its unwavering support for Israel’s military, saying “We power ICE…We’ve supported Israel” and insisting “I don’t know why this is all controversial”businessinsider.comnews.ssbcrack.com. He noted Palantir even took out a full-page NYT ad backing Israel and held its board meeting in Tel Aviv amid the Gaza conflictnews.ssbcrack.com.
- Popcorn and critics: Triumphant over skeptics, Karp told those who doubted Palantir’s meteoric rise to “get some popcorn” and watch critics “crying” on TVnews.ssbcrack.com. Palantir’s stock has skyrocketed roughly 200% in 2025 amid the AI boom and government contract wins, vaulting its market cap to about $490 billion