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.
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 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
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=PLTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();