Palantir Technologies Inc. (PLTR) Operating Margin (2019 - 2026)

Palantir Technologies has disclosed Operating Margin across 8 years of filings, most recently posting 46.18% for Q1 2026.

• In Q1 2026, Operating Margin rose 2627.0% year-over-year to 46.18%; the TTM figure through Mar 2026 stood at 38.13% (up 2511.0% YoY), while the FY2025 annual figure was 31.59%, up 2076.0% from the prior year.
• Operating Margin advanced to 46.18% in Q1 2026, from 40.9% in the prior quarter.
• Over the last five years, Operating Margin for PLTR reached as high as 46.18% in Q1 2026 and fell as low as 13.01% in Q3 2022.
• The 5-year median for Operating Margin is 10.82% (2023), against an average of 11.7%.
• Annual changes were most pronounced in 2024 — Operating Margin slumped 948 bps — and 2025, when it surged 3957 bps.
• A 5-year view of Operating Margin shows it stood at 3.5% in 2022, then jumped by 409 bps to 10.82% in 2023, then sank by 88 bps to 1.33% in 2024, then jumped by 2965 bps to 40.9% in 2025, then increased by 13 bps to 46.18% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 46.18%, 40.9%, and 33.3% for Q1 2026, Q4 2025, and Q3 2025 respectively.