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| Date | Value |
|---|---|
| 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 |