Palantir CEO Alex Karp offered up another batch of colorful commentary to investors alongside the data analytics company’s first-quarter earnings.

In a letter to shareholders, Karp quoted his own book and some significant historical figures — including St. Augustine and President Richard Nixon — and the New Testament as he touted the company’s artificial intelligence-fueled growth and commitment toward equipping and enhancing U.S. defense interests.

“Our financial performance, that crude yardstick by which the market attempts to measure worth in this world, continues to exceed many of our greatest expectations,” he wrote.

The eccentric technology billionaire has become widely known over the years for his energetic interviews and flowing shareholder letters that often incorporate philosophy, ethics and unconventional language.

His letters often read like an essay or dissertation, broken down into parts.

Palantir boosted its revenue guidance Monday as the artificial intelligence software company saw commercial and government revenue boom.

Shares fell about 5% after the bell.

Here’s how the company did compared with LSEG consensus estimates:

• Earnings per share: 13 cents adjusted vs. 13 cents expected
• Revenue: $884 million vs. $863 million expected

“We are delivering the operating system for the modern enterprise in the era of AI,” CEO Alex Karp wrote in an earnings release Monday, adding that the company is in the “middle of a tectonic shift in the adoption” of its software.

The defense technology company said that its commercial revenues grew 71% from a year ago to $255 million, while its government segment sales jumped 45% to $373 million. The company is forecasting that U.S. commercial revenues will top $1.178 billion this year.

Karp attributed Palantir’s government sector growth to greater U.S. defense sector adoption of its tools. He said that demand for large language models and the software supporting it has “turned into a stampede.”

Palantir’s revenues grew 39% from $634.3 million in the year-ago period. Net income rose to about $214 million, or 8 cents per share, from roughly $105.5 million, or 4 cents per share, in the year-ago quarter. U.S revenues jumped 55% to $628 million, Palantir said.

The company, which provides AI software and technology solutions for governments and corporations, also hiked its full-year revenue outlook to between $3.89 billion and $3.90 billion. During its last earnings report, Palantir projected that full-year revenues would range between $3.74 billion and $3.76 billion. The company expects revenues to range between $934 million and $938 million in the current quarter.

“We believe our results are indicative of a revolution sweeping across our business and industry,” Karp wrote in a letter to shareholders.

Palantir shares have defied 2025’s broad downtrend in technology stocks. The stock is up 64% this year, benefitting from its key defense contracts and President Donald Trump’s effort to cut federal spending with the Elon Musk-led Department of Government Efficiency. Palantir is also the best performer in the S&P 500.

The company also boosted its adjusted free cash flow outlook for the year to between $1.6 billion and $1.8 billion. Adjusted income for operations is expected to range between $1.711 billion and $1.723 billion.

Palantir said it closed 139 deals totaling at least $1 million during the period, 51 of which topped at least $5 million. Palantir said 31 deals exceeded $10 million.

Alphabet-owned Waymo and the auto manufacturing giant Magna International plan to double robotaxi production at their new plant in Mesa, Arizona, by the end of 2026, the companies announced Monday.

The “Waymo Driver Integration Plant,” a 239,000 square foot facility outside of Phoenix, will assemble more than 2,000 Jaguar I-PACE robotaxis, the Alphabet company said in a statement. Waymo will add those self-driving vehicles to its existing fleet that already includes around 1,500 robotaxis.

The plant will be “capable of building tens of thousands of fully autonomous Waymo vehicles per year,” when it is fully built out, Waymo said. The company also said it plans to build its more advanced Geely Zeekr RT robotaxis that feature its “6th-generation Waymo Driver” technology later this year at the plant.

Waymo and Magna opened the Mesa plant in October, Forbes reported Monday.

The Alphabet-owned company started its commercial robotaxi service in Phoenix in 2020 and now calls the area its domestic manufacturing home.

Already, Waymo is conducting 250,000 paid, driverless rides per week across its service areas in Austin, the San Francisco Bay area, Los Angeles and Phoenix, and the company is planning to begin serving the Atlanta; Miami; and Washington, D.C., markets in 2026.

Alphabet CEO Sundar Pichai last month said Waymo has not strictly defined its long-term business model yet, and there is “future optionality around personal ownership” of vehicles equipped with Waymo’s self-driving technology. A week later, Waymo and Toyota announced a preliminary partnership to potentially bring the self-driving tech to personally owned vehicles.

A would-be Waymo competitor, Tesla has said it plans to launch a robotaxi service in Austin in June using the company’s Model Y SUVs and its Unsupervised Full Self-Driving technology.

Tesla CEO Elon Musk has criticized Waymo’s approach to driverless tech, saying the cars by his competitor cost “way more money” than his company’s.

Waymo systems employ more sophisticated and expensive sensors than Tesla vehicles do. Waymo vehicles rely on radar and lidar sensors alongside cameras and sonar to get around. Tesla’s systems mostly rely on cameras.

However, Waymo has beat Tesla to the market with its robotaxis, and now stands to more than double its U.S. fleet by the end of 2026. Tesla does not yet offer vehicles that are safe to use without a human at the wheel ready to steer or brake at any time.