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

Palantir Technologies' Gross Margin history runs 8 years deep, the most recent figure standing at 86.78% for Q1 2026.

• In Q1 2026, Gross Margin rose 635.0% year-over-year to 86.78%; the TTM figure through Mar 2026 stood at 84.07% (up 406.0% YoY), while the FY2025 annual figure was 82.37%, up 212.0% from the prior year.
• Gross Margin came in at 86.78% for Q1 2026 at Palantir Technologies, up from 84.65% in the prior quarter.
• Over five years, Gross Margin peaked at 86.78% in Q1 2026 and troughed at 77.48% in Q3 2022.
• The 5-year median for Gross Margin is 80.43% (2025), against an average of 80.76%.
• The widest annual swing landed in 2024, when Gross Margin plunged 323 bps; it then jumped 635 bps in 2026.
• A 5-year view of Gross Margin shows it stood at 79.49% in 2022, then advanced by 3 bps to 82.14% in 2023, then declined by 4 bps to 78.91% in 2024, then increased by 7 bps to 84.65% in 2025, then grew by 3 bps to 86.78% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 86.78% in Q1 2026, 84.65% in Q4 2025, and 82.45% in Q3 2025.