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