Palantir Technologies (PLTR) FCF Margin (2019 - 2026)

Palantir Technologies' (PLTR) quarterly FCF Margin came in at 54.62% in Q1 2026, up 2022.0% year-on-year from 2.57% in Q1 2025, and up 0.58% sequentially from 54.31% in Q4 2025.

Palantir Technologies (PLTR) FCF Margin (2019 - 2026) Analysis & Trends

Palantir Technologies' FCF Margin history runs 8 years deep, the most recent figure standing at 54.62% for 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 came in at 54.62% for Q1 2026 at Palantir Technologies, up 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.
  • The 5-year median for FCF Margin is 34.4% (2025), against an average of 32.55%.
  • The widest annual swing landed in 2022, when FCF Margin sank 2951 bps; it then soared 3419 bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 14.52% in 2022, then surged by 235 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.
  • Per Business Quant data, the three most recent FCF Margin figures were 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 ZenaTech 82,806.72 Bn 82,806.72 Bn - -368.92%
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 19.07%
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn 54.62%
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn 14.80%
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 30.29%
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn 72.18%
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 55.21%
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn 14.55%
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 34.10%

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%