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
DateValue
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%