Palantir Technologies (PLTR) EV to FCF (2020 - 2026)
Palantir Technologies' EV to FCF was 80.71 in Q2 2026, down 56.6% from 185.77 a year earlier and down 36.7% from the prior quarter.
Palantir Technologies (PLTR) EV to FCF (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Palantir Technologies' EV to FCF was 74.27 through Jun 30, 2026, down 58.0% year-over-year; for FY2025, it came in at 198.97, up 32.2% from FY2024.
- In earlier years, EV to FCF was 150.49 in FY2024 (+206.8%), 49.04 in FY2023 (-17.5%), 59.44 in FY2022 (-44.5%) and 107.08 in FY2021.
- The Q2 2026 figure marks the lowest quarterly EV to FCF since Q2 2024.
- Compared with a year earlier, EV to FCF was higher in six of the last eight quarters, with growth averaging 78.5%.
- The best year-over-year quarter for EV to FCF over five years was Q4 2024 (growth of 206.8%); the worst was Q2 2022 (a decline of 92.1%).
- Per Business Quant data, PLTR's EV to FCF in the three quarters before Q2 2026 was 127.49 (Q1 2026), 198.97 (Q4 2025) and 238.84 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 467.78 Bn | 436.73 Bn | 1.64 Bn |
| 2 | Oracle | 390.98 Bn | 263.11 Bn | - |
| 3 | Sap Se | 263.14 Bn | 190.92 Bn | 8.40 Bn |
| 4 | Salesforce | 198.23 Bn | 154.10 Bn | 8.70 Bn |
| 5 | ServiceNow | 150.00 Bn | 128.46 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 115.45 Bn | 97.58 Bn | 2.51 Bn |
| 7 | Intuit | 89.81 Bn | 69.16 Bn | 3.44 Bn |
| 8 | Relx | 71.52 Bn | 70.62 Bn | - |
| 9 | Strategy | 51.22 Bn | 44.21 Bn | 81.55 Mn |
| 10 | Thomson Reuters | 48.94 Bn | 45.72 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.71 |
| Mar 31, 2026 | 127.49 |
| Dec 31, 2025 | 198.97 |
| Sep 30, 2025 | 238.84 |
| Jun 30, 2025 | 185.77 |
| Mar 31, 2025 | 147.01 |
| Dec 31, 2024 | 150.49 |
| Sep 30, 2024 | 81.57 |
| Jun 30, 2024 | 75.78 |
| Mar 31, 2024 | 74.00 |
| Dec 31, 2023 | 49.04 |
| Sep 30, 2023 | 66.59 |
| Jun 30, 2023 | 79.75 |
| Mar 31, 2023 | 43.55 |
| Dec 31, 2022 | 59.44 |
| Sep 30, 2022 | 73.13 |
| Jun 30, 2022 | 62.45 |
| Mar 31, 2022 | 113.48 |
| Dec 31, 2021 | 107.08 |
| Sep 30, 2021 | 215.50 |
Palantir Technologies EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=PLTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "PLTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=PLTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();