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

Palantir Technologies' (PLTR) quarterly Operating Leases came in at $212.0 million in Q1 2026, up 5.89% year-on-year from $200.2 million in Q1 2025, and up 15.54% sequentially from $183.5 million in Q4 2025.

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

Palantir Technologies' Operating Leases history runs 7 years deep, the most recent figure standing at $212.0 million for 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 6.02% from the prior year.
  • Operating Leases came in at $212.0 million for Q1 2026 at Palantir Technologies, up 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.
  • The 5-year median for Operating Leases is $200.2 million (2025), against an average of $198.2 million.
  • The widest annual swing landed in 2024, when Operating Leases declined 21.03%; it then advanced 22.8% in 2025.
  • A 5-year view of Operating Leases shows it stood at $204.3 million in 2022, then declined by 14.24% to $175.2 million in 2023, then gained by 11.42% to $195.2 million in 2024, then declined by 6.02% to $183.5 million in 2025, then rose by 15.54% to $212.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $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 ZenaTech 82,806.72 Bn 82,806.72 Bn -
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 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