Palantir Technologies (PLTR) Net Margin (2019 - 2026)
Palantir Technologies (PLTR) recorded Net Margin of 54.86% in Q2 2026, up 22.31 percentage points from 32.55% a year earlier and up 1.54 percentage points from the prior quarter.
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Analysis
Palantir Technologies (PLTR) Net Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Palantir Technologies' Net Margin came in at 49.00% as of Jun 30, 2026, up 26.82 percentage points year-over-year; for FY2025, it came in at 36.31%, up 20.18 percentage points from FY2024.
- Annual Net Margin has increased for five straight years, with a five-year change of +143.06 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 16.13% in FY2024 (+6.70 pp), 9.43% in FY2023 (+29.04 pp), -19.61% in FY2022 (+14.14 pp) and -33.75% in FY2021 (+73.00 pp).
- The Q2 2026 figure is the highest quarterly Net Margin in data going back to Q3 2019.
- On a year-over-year basis, Net Margin has increased for six consecutive quarters, with an average year-over-year change of +15.89 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 268.85 percentage points in Q3 2021, against a drop of 5.80 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 53.32% (Q1 2026), 43.27% (Q4 2025) and 40.27% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 480.73 Bn | 449.68 Bn | 1.64 Bn | 54.86% |
| 2 | Oracle | 399.91 Bn | 272.04 Bn | - | 24.19% |
| 3 | Sap Se | 262.30 Bn | 190.08 Bn | 8.40 Bn | 22.07% |
| 4 | Salesforce | 202.26 Bn | 158.13 Bn | 8.70 Bn | 31.08% |
| 5 | ServiceNow | 153.84 Bn | 132.30 Bn | 2.82 Bn | 7.47% |
| 6 | Automatic Data Processing | 114.84 Bn | 96.97 Bn | 2.51 Bn | 17.88% |
| 7 | Intuit | 91.04 Bn | 70.38 Bn | 3.44 Bn | 8.34% |
| 8 | Relx | 70.51 Bn | 69.60 Bn | - | - |
| 9 | Strategy | 53.24 Bn | 46.23 Bn | 81.55 Mn | -7,044.56% |
| 10 | Thomson Reuters | 48.40 Bn | 45.18 Bn | - | 22.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.86% |
| Mar 31, 2026 | 53.32% |
| Dec 31, 2025 | 43.27% |
| Sep 30, 2025 | 40.27% |
| Jun 30, 2025 | 32.55% |
| Mar 31, 2025 | 24.22% |
| Dec 31, 2024 | 9.55% |
| Sep 30, 2024 | 19.78% |
| Jun 30, 2024 | 19.78% |
| Mar 31, 2024 | 16.64% |
| Dec 31, 2023 | 15.35% |
| Sep 30, 2023 | 12.81% |
| Jun 30, 2023 | 5.27% |
| Mar 31, 2023 | 3.20% |
| Dec 31, 2022 | 6.07% |
| Sep 30, 2022 | -25.92% |
| Jun 30, 2022 | -37.91% |
| Mar 31, 2022 | -22.71% |
| Dec 31, 2021 | -36.08% |
| Sep 30, 2021 | -26.05% |
API Access
Palantir Technologies Net 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=net-margin&ticker=PLTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=PLTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();