There has been a lot of focus on new Palantir contracts with the federal government, including a 10-year, $10 billion deal that consolidates 75 contracts Palantir had with the U.S. Army. U.S. government sales were up 53% year over year.

Shares of Palantir Technologies Inc. were rising 2% in after-hours trading on Monday after the company’s second-quarter earnings results crushed Wall Street’s expectations — with management projecting even bigger growth ahead.

Palantir is set to report quarterly earnings after the closing bell today, with traders expecting the best-performing S&P 500 stock of 2025 could make another big move.