An analysis highlights that while both ServiceNow and Palantir sell AI SaaS platforms to governments and enterprises, their growth rates diverge significantly due to U.S. commercial revenue performance. Palantir reported a 149% year-over-year increase in U.S. commercial revenue to $764 million in Q2 2026, and raised its full-year forecast for this segment to over $3.42 billion, implying at least 134% growth for 2026. In contrast, ServiceNow's total subscription revenue grew approximately 23% year-over-year in constant currency to about $3.9 billion in Q2, with its AI annual contract value crossing $1 billion.