Palantir Technologies (PLTR) FCF Margin (2019 - 2026)
Palantir Technologies' FCF Margin came in at 51.72% for Q3 2026, up 9.32 percentage points from 42.41% a year earlier but down 10.36 percentage points from the prior quarter.
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Analysis
Palantir Technologies (PLTR) FCF Margin (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Palantir Technologies reported FCF Margin of 55.62%, up 9.58 percentage points year-over-year; for FY2025, it came in at 46.94%, up 7.11 percentage points from FY2024.
- FCF Margin has increased in each of the last three years, with a five-year change of +75.20 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 39.83% in FY2024 (+8.50 pp), 31.33% in FY2023 (+21.69 pp), 9.64% in FY2022 (-11.19 pp) and 20.83% in FY2021 (+49.10 pp).
- The five-year range for quarterly FCF Margin is 4.54% (Q1 2022) to 62.08% (Q2 2026).
- Year-over-year, FCF Margin has increased for three consecutive quarters, with an average year-over-year change of +9.48 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2023 (a gain of 34.19 percentage points), and the weakest in Q1 2022 (a drop of 29.51 percentage points).
- Business Quant data shows PLTR's FCF Margin at 62.08% (Q2 2026), 54.62% (Q1 2026) and 54.31% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 386.60 Bn | 351.42 Bn | 1.93 Bn | 51.72% |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - | -27.89% |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn | 20.32% |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn | 9.68% |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn | 10.90% |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn | 18.22% |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn | 29.95% |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn | 3.15% |
| 10 | Thomson Reuters | 50.52 Bn | 46.49 Bn | - | 39.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 51.72% |
| 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 | 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% |
API Access
Palantir Technologies FCF Margin 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=fcf-margin&ticker=PLTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=PLTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();