Palantir Technologies (PLTR) Gross Margin (2019 - 2026)
Palantir Technologies (PLTR) reported Gross Margin of 86.78% for Q1 2026, up 635.0% year-over-year from 11.81% in Q1 2025, and up 2.52% quarter-over-quarter from 84.65% in Q4 2025.
Palantir Technologies (PLTR) Gross Margin (2019 - 2026) Analysis & Trends
Palantir Technologies (PLTR) has 8 years of Gross Margin data on file, last reported at 86.78% in Q1 2026.
- Gross Margin for Q1 2026 came in at 86.78%, up 635.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 84.07% (up 406.0% YoY), and the FY2025 annual result was 82.37%, up 212.0% from the prior year.
- Gross Margin climbed to 86.78% in Q1 2026 per PLTR's latest filing, 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.
- A 5-year average of 80.76% and a median of 80.43% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2026: Gross Margin tumbled 323 bps in 2024, then soared 635 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 79.49% in 2022, then gained by 3 bps to 82.14% in 2023, then dropped by 4 bps to 78.91% in 2024, then grew by 7 bps to 84.65% in 2025, then climbed by 3 bps to 86.78% in 2026.
- Business Quant data shows PLTR's Gross Margin at 86.78% in Q1 2026, 84.65% in Q4 2025, and 82.45% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 71.21% |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | 96.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 75.79% |