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| Date | Value |
|---|---|
| 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 |