Palantir Technologies (PLTR) Net Margin (2019 - 2026)
Palantir Technologies (PLTR) recorded Net Margin of 48.76% in Q3 2026, up 8.49 percentage points from 40.27% a year earlier but down 6.11 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 50.34% as of Sep 30, 2026, up 22.23 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).
- Quarterly Net Margin has ranged from -37.91% in Q2 2022 to 54.86% in Q2 2026 over the past five years.
- On a year-over-year basis, Net Margin has increased for seven consecutive quarters, with an average year-over-year change of +16.08 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 43.19 percentage points in Q2 2023, 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 54.86% (Q2 2026), 53.32% (Q1 2026) and 43.27% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 386.60 Bn | 351.42 Bn | 1.93 Bn | 48.76% |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - | 24.19% |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn | 21.90% |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn | 31.08% |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn | 20.49% |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn | 6.75% |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn | 8.34% |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn | 15,243.08% |
| 10 | Thomson Reuters | 50.52 Bn | 46.49 Bn | - | 19.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 48.76% |
| 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% |
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();