SaaS news in November 2026

The week of November 2 to 8, 2026: 3 events

A quiet week on the desk, so its events are kept here in full rather than in a week brief.

1. 0121:30 UTC

   Palantir U.S. commercial revenue passes government for first time

   2 outlets · first: CNBC Earnings

   Machine summary Total quarterly revenue exceeded $2 billion for the first time and net income more than doubled to $1.13 billion, and the company raised its full-year U.S. commercial revenue outlook to more than $3.56 billion.

   1. Total quarterly revenue nearly doubled from a year earlier and passed $2 billion for the first time, the company said
   2. Compared with the year-ago period, when earnings were approximately $476 million (18 cents per share), net income surged past twice that amount, reaching $1.13 billion, equal to 44 cents for each share.
   3. Palantir raised its full-year U.S. commercial revenue outlook to more than $3.56 billion, up from the $3.42 billion forecast given last quarter
   4. The company projected about $2.65 billion in revenue for Q4 2026 and about $8.53 billion for full-year 2026
   5. U.S. commercial revenue has grown to more than five times its level of two years ago, according to CNBC

   Reported by CNBC and Seeking Alpha.

   • CNBC

2. 0204:59 UTC

   Waystar subscription revenue grows 34% in Q3 as AI bookings build

   1 outlet · first: Motley Fool Earnings

   Machine summary Waystar reported Q3 2026 revenue of $325.6 million, up 21%, with subscription revenue of $180.7 million rising 34% year over year, according to its Nov. 2 earnings call. The company said AltitudeAI accounted for 43% of total third-quarter bookings and that its large-opportunity implementation backlog grew 50%. Full-year 2026 revenue guidance was updated to $1.277 billion–$1.287 billion and adjusted EBITDA guidance to $543 million–$549 million.

   1. Waystar reported Q3 2026 revenue of $325.6 million, up 21%, which the company attributed to subscription strength and acquired businesses (earnings call, Nov. 2, 2026)
   2. Subscription revenue reached $180.7 million, a 34% year-over-year increase; organic revenue growth was 10%, with about 1 point of pressure from prior-year large client implementations
   3. Adjusted EBITDA was $139.3 million, up 24%, with margin of 42.8% versus 42.0% a year earlier; unlevered free cash flow was $114.8 million
   4. Clients generating over $100,000 in trailing 12-month revenue totaled 1,488, up 14%; net revenue retention was 108% with 97% gross retention
   5. AltitudeAI represented 43% of total Q3 bookings; year-to-date bookings grew 25% and the large-opportunity implementation backlog rose 50%

   Reported by Motley Fool.

   • Waystar
   • AltitudeAI

3. 0314:00 UTC

   Coverage recordthenewstack.io: “Dropbox ditched AWS S3 for its own in-house system. Now it’s buying Tigris to sell S3-compatible storage to AI developers.”

   4 outlets · first: thenewstack.io Acquisition

   Reports ran from 14:00 UTC on Nov 5 to 11:04 UTC on Nov 6.

   The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

   Reported by thenewstack.io, Crunchbase News, techcrunch.com and IT Pro.

   • Dropbox
   • Tigris Data

What kind of news was it?

1. Earnings 2
2. Acquisition 1

Categories come from the pipeline's classifier; how they are assigned.

Week by week

1. Oct 26The week of October 26 to November 1, 20260
2. Nov 2The week of November 2 to 8, 20263