Palantir Technologies (PLTR) Tax Rate (2019 - 2026)
Palantir Technologies (PLTR) posted quarterly Tax Rate of 1.37% for Q1 2026, down 113.0% year-over-year from 10.56% in Q1 2025, and down 13.17% quarter-over-quarter from 1.58% in Q4 2025.
Palantir Technologies (PLTR) Tax Rate (2019 - 2026) Analysis & Trends
Palantir Technologies (PLTR) has reported Tax Rate for 8 consecutive years, with 1.37% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 113.0% year-over-year to 1.37%; the TTM figure through Mar 2026 stood at 1.27% (down 242.0% YoY), while the FY2025 annual figure was 1.37%, down 297.0% from the prior year.
- Tax Rate slipped to 1.37% in Q1 2026 per PLTR's latest filing, from 1.58% in the prior quarter.
- Across five years, Tax Rate topped out at 11.52% in Q4 2022 and bottomed at 2.01% in Q1 2022.
- Historically, Tax Rate has averaged 3.77% across 5 years, with a median of 3.69% in 2024.
- On a YoY basis, Tax Rate climbed as much as 3831 bps in 2022 and fell as far as 542 bps in 2022.
- Palantir Technologies' Tax Rate stood at 11.52% in 2022, then retreated by 24 bps to 8.79% in 2023, then slumped by 49 bps to 4.47% in 2024, then slumped by 65 bps to 1.58% in 2025, then decreased by 13 bps to 1.37% in 2026.
- Business Quant data shows PLTR's Tax Rate at 1.37% in Q1 2026, 1.58% in Q4 2025, and 0.79% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 24.84% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | -10.34% |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 1.42% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -13.46% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 15.97% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -1.22% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 18.14% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -10.99% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 71.11% |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | -42.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.42% |
| Jun 30, 2026 | 1.42% |
| Jun 30, 2026 | 1.42% |
| Mar 31, 2026 | 1.37% |
| Mar 31, 2026 | 1.37% |
| Mar 31, 2026 | 1.37% |
| Dec 31, 2025 | 1.58% |
| Dec 31, 2025 | 1.58% |
| Dec 31, 2025 | 1.58% |
| Sep 30, 2025 | 0.79% |
| Sep 30, 2025 | 0.79% |
| Sep 30, 2025 | 0.79% |
| Jun 30, 2025 | 1.08% |
| Jun 30, 2025 | 1.08% |
| Jun 30, 2025 | 1.08% |
| Mar 31, 2025 | 2.51% |
| Mar 31, 2025 | 2.51% |
| Mar 31, 2025 | 2.51% |
| Dec 31, 2024 | 4.47% |
| Dec 31, 2024 | 4.47% |