Palantir Technologies (PLTR) FCF Margin (2019 - 2026)
Palantir Technologies (PLTR) reported FCF Margin of 54.62% for Q1 2026, up 2022.0% year-over-year from 2.57% in Q1 2025, and up 0.58% quarter-over-quarter from 54.31% in Q4 2025.
Palantir Technologies (PLTR) FCF Margin (2019 - 2026) Analysis & Trends
Palantir Technologies (PLTR) has 8 years of FCF Margin data on file, last reported at 54.62% in Q1 2026.
- FCF Margin for Q1 2026 came in at 54.62%, up 2022.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 51.46% (up 913.0% YoY), and the FY2025 annual result was 46.94%, up 711.0% from the prior year.
- FCF Margin advanced to 54.62% in Q1 2026 per PLTR's latest filing, from 54.31% in the prior quarter.
- Over five years, FCF Margin peaked at 57.31% in Q3 2024 and troughed at 4.54% in Q1 2022.
- A 5-year average of 32.55% and a median of 34.4% in 2025 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2023: FCF Margin plunged 2951 bps in 2022, then surged 3419 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 14.52% in 2022, then jumped by 235 bps to 48.71% in 2023, then rose by 13 bps to 55.25% in 2024, then decreased by 2 bps to 54.31% in 2025, then climbed by 1 bps to 54.62% in 2026.
- Business Quant data shows PLTR's FCF Margin at 54.62% in Q1 2026, 54.31% in Q4 2025, and 42.41% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 19.07% |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | - |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 55.23% |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 54.62% |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 14.80% |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 30.29% |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 55.21% |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 34.10% |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 14.55% |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | -226.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.62% |
| Dec 31, 2025 | 54.31% |
| Sep 30, 2025 | 42.41% |
| Jun 30, 2025 | 52.97% |
| Mar 31, 2025 | 34.40% |
| Dec 31, 2024 | 55.25% |
| Sep 30, 2024 | 57.31% |
| Jun 30, 2024 | 20.84% |
| Mar 31, 2024 | 20.01% |
| Dec 31, 2023 | 48.71% |
| Sep 30, 2023 | 23.63% |
| Jun 30, 2023 | 16.17% |
| Mar 31, 2023 | 34.77% |
| Dec 31, 2022 | 14.52% |
| Sep 30, 2022 | 6.83% |
| Jun 30, 2022 | 12.04% |
| Mar 31, 2022 | 4.54% |
| Dec 31, 2021 | 20.23% |
| Sep 30, 2021 | 24.33% |
| Jun 30, 2021 | 5.87% |