Palantir Technologies PLTR
NASDAQ PLTR
$192.82 +1.03 (+0.53%)
As of: Sep 24, 2026 · 3:59 PM EDT

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

Palantir Technologies' (PLTR) quarterly Gross Margin came in at 84.66% in Q2 2026, up 388.0% year-over-year from 17.35% in Q2 2025, and down 2.44% quarter-over-quarter from 86.78% in Q1 2026.

Analysis

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

Palantir Technologies (PLTR) has reported Gross Margin for 8 consecutive years, with 84.66% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin rose 388.0% year-over-year to 84.66% in Q2 2026; TTM through Jun 2026 was 84.8%, a 477.0% increase from a year earlier, with the FY2025 full-year figure at 82.37%, up 212.0% from the prior year.
  • Gross Margin was 84.66% for Q2 2026 at Palantir Technologies, down from 86.78% in the prior quarter.
  • Over five years, Gross Margin peaked at 86.78% in Q1 2026 and troughed at 77.48% in Q3 2022.
  • A 5-year average of 80.98% and a median of 80.55% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin plunged 323 bps in 2024 and surged 635 bps in 2026, its largest moves.
  • Over 5 years, Gross Margin stood at 79.49% in 2022, then rose by 3 bps to 82.14% in 2023, then slipped by 4 bps to 78.91% in 2024, then climbed by 7 bps to 84.65% in 2025, then rose by 0 bps to 84.66% in 2026.
  • The last three Gross Margin figures came in at 84.66% (Q2 2026), 86.78% (Q1 2026), and 84.65% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Palantir Technologies 460.85 Bn 451.55 Bn 1.64 Bn 84.66%
2 Oracle 437.09 Bn 400.44 Bn - -
3 Sap Se 258.74 Bn 237.66 Bn 8.40 Bn 73.17%
4 Salesforce 195.52 Bn 184.12 Bn 8.70 Bn 76.65%
5 ServiceNow 145.61 Bn 140.94 Bn 2.82 Bn 70.68%
6 Automatic Data Processing 104.89 Bn 100.66 Bn 2.51 Bn 45.88%
7 Intuit 76.97 Bn 69.77 Bn 3.46 Bn 79.47%
8 Relx 60.41 Bn 60.04 Bn - -
9 Strategy 57.09 Bn 54.64 Bn 81.55 Mn 66.64%
10 Workday 46.40 Bn 42.99 Bn 2.21 Bn 83.54%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 84.66%
Mar 31, 2026 86.78%
Dec 31, 2025 84.65%
Sep 30, 2025 82.45%
Jun 30, 2025 80.78%
Mar 31, 2025 80.43%
Dec 31, 2024 78.91%
Sep 30, 2024 79.79%
Jun 30, 2024 81.04%
Mar 31, 2024 81.67%
Dec 31, 2023 82.14%
Sep 30, 2023 80.66%
Jun 30, 2023 79.96%
Mar 31, 2023 79.50%
Dec 31, 2022 79.49%
Sep 30, 2022 77.48%
Jun 30, 2022 78.39%
Mar 31, 2022 78.85%
Dec 31, 2021 79.77%
Sep 30, 2021 77.86%
API Access

Palantir Technologies Gross 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=gross-margin&ticker=PLTR&period=max&api_key=YOUR_API_KEY