Palantir Technologies (PLTR) Free Cash Flow (2019 - 2026)

Palantir Technologies (PLTR) posted quarterly Free Cash Flow of $891.8 million for Q1 2026, up 193.27% year-over-year from $304.1 million in Q1 2025, and up 16.72% quarter-over-quarter from $764.0 million in Q4 2025.

Palantir Technologies (PLTR) Free Cash Flow (2019 - 2026) Analysis & Trends

Palantir Technologies (PLTR) has reported Free Cash Flow for 8 consecutive years, with $891.8 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Free Cash Flow rose 193.27% year-over-year to $891.8 million; the TTM figure through Mar 2026 stood at $2.7 billion (up 103.91% YoY), while the FY2025 annual figure was $2.1 billion, up 84.06% from the prior year.
  • Free Cash Flow improved to $891.8 million in Q1 2026 per PLTR's latest filing, from $764.0 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $891.8 million in Q1 2026 and bottomed at $20.3 million in Q1 2022.
  • Historically, Free Cash Flow has averaged $297.7 million across 5 years, with a median of $182.8 million in 2023.
  • Annual changes were most pronounced in 2022 — Free Cash Flow slumped 82.56% — and 2023, when it surged 802.3%.
  • Palantir Technologies' Free Cash Flow stood at $119.9 million in 2022, then jumped by 147.12% to $296.3 million in 2023, then surged by 54.3% to $457.2 million in 2024, then jumped by 67.1% to $764.0 million in 2025, then rose by 16.72% to $891.8 million in 2026.
  • Business Quant data shows PLTR's Free Cash Flow at $891.8 million in Q1 2026, $764.0 million in Q4 2025, and $500.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn 19.64 Bn
2 Oracle 433.50 Bn 402.15 Bn - -1.87 Bn
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn 1.20 Bn
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn 788.00 Mn
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 965.60 Mn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn 67.60 Mn
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 775.42 Mn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn -5.74 Bn
9 Block 49.79 Bn 43.33 Bn 3.17 Bn -7.56 Bn
10 NetApp 40.59 Bn 37.00 Bn 1.37 Bn 900.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.20 Bn
Jun 30, 2026 1.20 Bn
Mar 31, 2026 891.76 Mn
Mar 31, 2026 891.76 Mn
Dec 31, 2025 764.02 Mn
Dec 31, 2025 764.02 Mn
Sep 30, 2025 500.87 Mn
Sep 30, 2025 500.87 Mn
Jun 30, 2025 531.62 Mn
Jun 30, 2025 531.62 Mn
Mar 31, 2025 304.08 Mn
Mar 31, 2025 304.08 Mn
Dec 31, 2024 457.22 Mn
Dec 31, 2024 457.22 Mn
Sep 30, 2024 415.79 Mn
Sep 30, 2024 415.79 Mn
Jun 30, 2024 141.31 Mn
Jun 30, 2024 141.31 Mn
Mar 31, 2024 126.92 Mn
Mar 31, 2024 126.92 Mn