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

Palantir Technologies (PLTR) posted quarterly 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 reported Operating Leases for 7 consecutive years, with $212.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Leases rose 5.89% year-over-year to $212.0 million; the TTM figure through Mar 2026 stood at $212.0 million (up 5.89% YoY), while the FY2025 annual figure was $183.5 million, down 23.3% from the prior year.
  • Operating Leases improved to $212.0 million in Q1 2026 per PLTR's latest filing, from $183.5 million in the prior quarter.
  • Across five years, Operating Leases topped out at $239.2 million in Q4 2024 and bottomed at $163.0 million in Q1 2024.
  • Historically, Operating Leases has averaged $200.8 million across 5 years, with a median of $204.3 million in 2022.
  • Annual changes were most pronounced in 2024 — Operating Leases jumped 36.53% — and 2025, when it dropped 23.3%.
  • Palantir Technologies' Operating Leases stood at $204.3 million in 2022, then declined by 14.24% to $175.2 million in 2023, then surged by 36.53% to $239.2 million in 2024, then decreased by 23.3% to $183.5 million in 2025, then rose 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 3,679.34 Bn 3,546.58 Bn 60.48 Bn
2 Oracle 433.50 Bn 402.15 Bn -
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn
9 Block 49.79 Bn 43.33 Bn 3.17 Bn
10 NetApp 40.59 Bn 37.00 Bn 1.37 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 211.40 Mn
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 239.22 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