Palantir Technologies (PLTR) FCF Margin (2019 - 2026)
Palantir Technologies (PLTR) posted quarterly 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 reported FCF Margin for 8 consecutive years, with 54.62% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 2022.0% year-over-year to 54.62%; the TTM figure through Mar 2026 stood at 51.46% (up 913.0% YoY), while the FY2025 annual figure was 46.94%, up 711.0% from the prior year.
- FCF Margin rose to 54.62% in Q1 2026 per PLTR's latest filing, from 54.31% in the prior quarter.
- Across five years, FCF Margin topped out at 57.31% in Q3 2024 and bottomed at 4.54% in Q1 2022.
- Historically, FCF Margin has averaged 33.08% across 5 years, with a median of 34.4% in 2025.
- Annual changes were most pronounced in 2022 — FCF Margin plunged 2951 bps — and 2024, when it jumped 3461 bps.
- Palantir Technologies' FCF Margin stood at 23.57% in 2022, then surged by 107 bps to 48.71% in 2023, then gained by 13 bps to 55.25% in 2024, then slipped by 2 bps to 54.31% in 2025, then grew 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 21.82% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | -9.76% |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 62.08% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 26.25% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 47.15% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 9.71% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 32.19% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -223.03% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | -114.17% |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 46.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.08% |
| 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 | 22.69% |
| Jun 30, 2023 | 17.11% |
| Mar 31, 2023 | 34.81% |
| Dec 31, 2022 | 23.57% |
| 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% |