Palantir Technologies (PLTR) Free Cash Flow (2019 - 2026)
Palantir Technologies' (PLTR) quarterly Free Cash Flow came in at $1.2 billion in Q2 2026, up 126.03% year-over-year from $531.6 million in Q2 2025, and up 34.75% quarter-over-quarter from $891.8 million in Q1 2026.
Palantir Technologies (PLTR) Free Cash Flow (2019 - 2026) Analysis & Trends
Palantir Technologies (PLTR) has reported Free Cash Flow for 8 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Free Cash Flow rose 126.03% year-over-year to $1.2 billion in Q2 2026; TTM through Jun 2026 was $3.4 billion, a 96.54% increase from a year earlier, with the FY2025 full-year figure at $2.1 billion, up 84.06% from the prior year.
- Free Cash Flow was $1.2 billion for Q2 2026 at Palantir Technologies, up from $891.8 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $1.2 billion in Q2 2026 and troughed at $20.3 million in Q1 2022.
- A 5-year average of $345.3 million and a median of $239.5 million in 2023 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow tumbled 81.61% in 2022 and jumped 801.3% in 2023, its largest moves.
- Over 5 years, Free Cash Flow stood at $73.8 million in 2022, then soared by 301.26% to $296.3 million in 2023, then soared by 54.3% to $457.2 million in 2024, then surged by 67.1% to $764.0 million in 2025, then soared by 57.27% to $1.2 billion in 2026.
- The last three Free Cash Flow figures came in at $1.2 billion (Q2 2026), $891.8 million (Q1 2026), and $764.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 460.85 Bn | 451.55 Bn | 1.64 Bn | 1.20 Bn |
| 2 | Oracle | 437.09 Bn | 400.44 Bn | - | -5.40 Bn |
| 3 | Sap Se | 258.74 Bn | 237.66 Bn | 8.40 Bn | 3.80 Bn |
| 4 | Salesforce | 195.52 Bn | 184.12 Bn | 8.70 Bn | 1.10 Bn |
| 5 | ServiceNow | 145.61 Bn | 140.94 Bn | 2.82 Bn | 473.00 Mn |
| 6 | Automatic Data Processing | 104.89 Bn | 100.66 Bn | 2.51 Bn | 1.36 Bn |
| 7 | Intuit | 76.97 Bn | 69.77 Bn | 3.46 Bn | 1.30 Bn |
| 8 | Relx | 60.41 Bn | 60.04 Bn | - | - |
| 9 | Strategy | 57.09 Bn | 54.64 Bn | 81.55 Mn | -6.43 Bn |
| 10 | Workday | 46.40 Bn | 42.99 Bn | 2.21 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.20 Bn |
| Mar 31, 2026 | 891.76 Mn |
| Dec 31, 2025 | 764.02 Mn |
| Sep 30, 2025 | 500.87 Mn |
| Jun 30, 2025 | 531.62 Mn |
| Mar 31, 2025 | 304.08 Mn |
| Dec 31, 2024 | 457.22 Mn |
| Sep 30, 2024 | 415.79 Mn |
| Jun 30, 2024 | 141.31 Mn |
| Mar 31, 2024 | 126.92 Mn |
| Dec 31, 2023 | 296.31 Mn |
| Sep 30, 2023 | 131.88 Mn |
| Jun 30, 2023 | 86.26 Mn |
| Mar 31, 2023 | 182.62 Mn |
| Dec 31, 2022 | 73.85 Mn |
| Sep 30, 2022 | 32.63 Mn |
| Jun 30, 2022 | 56.97 Mn |
| Mar 31, 2022 | 20.26 Mn |
| Dec 31, 2021 | 87.58 Mn |
| Sep 30, 2021 | 95.42 Mn |
Palantir Technologies Free Cash Flow 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=free-cash-flow&ticker=PLTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=PLTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();