Palantir Technologies (PLTR) Operating Leases (2020 - 2026)

Palantir Technologies (PLTR) reported Operating Leases of $212.0 million for Q1 2026, up 5.89% year-over-year from $200.2 million in Q1 2025, and up 15.54% quarter-over-quarter from $183.5 million in Q4 2025.

Palantir Technologies (PLTR) Operating Leases (2020 - 2026) Analysis & Trends

Palantir Technologies (PLTR) has 7 years of Operating Leases data on file, last reported at $212.0 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $212.0 million, up 5.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $212.0 million (up 5.89% YoY), and the FY2025 annual result was $183.5 million, down 6.02% from the prior year.
  • Operating Leases grew to $212.0 million in Q1 2026 per PLTR's latest filing, from $183.5 million in the prior quarter.
  • Over five years, Operating Leases peaked at $227.6 million in Q1 2022 and troughed at $163.0 million in Q1 2024.
  • A 5-year average of $198.2 million and a median of $200.2 million in 2025 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2024 and 2025: Operating Leases dropped 21.03% in 2024, then gained 22.8% in 2025.
  • A 5-year view of Operating Leases shows it stood at $204.3 million in 2022, then dropped by 14.24% to $175.2 million in 2023, then rose by 11.42% to $195.2 million in 2024, then dropped by 6.02% to $183.5 million in 2025, then increased by 15.54% to $212.0 million in 2026.
  • Business Quant data shows PLTR's Operating Leases at $212.0 million in Q1 2026, $183.5 million in Q4 2025, and $189.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 211.98 Mn
Dec 31, 2025 183.47 Mn
Sep 30, 2025 189.17 Mn
Jun 30, 2025 192.35 Mn
Mar 31, 2025 200.18 Mn
Dec 31, 2024 195.23 Mn
Sep 30, 2024 207.28 Mn
Jun 30, 2024 214.33 Mn
Mar 31, 2024 163.01 Mn
Dec 31, 2023 175.22 Mn
Sep 30, 2023 184.07 Mn
Jun 30, 2023 194.13 Mn
Mar 31, 2023 206.42 Mn
Dec 31, 2022 204.31 Mn
Sep 30, 2022 204.90 Mn
Jun 30, 2022 216.06 Mn
Mar 31, 2022 227.62 Mn
Dec 31, 2021 220.15 Mn
Sep 30, 2021 219.65 Mn
Jun 30, 2021 216.63 Mn