Palantir Technologies (PLTR) Tax Rate (2019 - 2026)

Palantir Technologies (PLTR) reported 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 8 years of Tax Rate data on file, last reported at 1.37% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 1.37%, down 113.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.26% (down 243.0% YoY), and the FY2025 annual result was 1.37%, down 298.0% from the prior year.
  • Tax Rate declined to 1.37% in Q1 2026 per PLTR's latest filing, from 1.58% in the prior quarter.
  • Over five years, Tax Rate peaked at 11.52% in Q4 2022 and troughed at 2.01% in Q1 2022.
  • A 5-year average of 3.77% and a median of 3.69% in 2024 frame the typical range for Tax Rate.
  • On a YoY basis, Tax Rate climbed as much as 3831 bps in 2022 and fell as far as 542 bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 11.52% in 2022, then fell by 24 bps to 8.79% in 2023, then tumbled by 48 bps to 4.53% in 2024, then sank by 65 bps to 1.58% in 2025, then retreated 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 0.78% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn 19.22%
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn 23.68%
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn 15.74%
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn 1.37%
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn 21.31%
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn -6.22%
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn 18.58%
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn 18.14%
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn -7.01%
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn -12.80%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.37%
Mar 31, 2026 1.37%
Dec 31, 2025 1.58%
Dec 31, 2025 1.58%
Sep 30, 2025 0.78%
Sep 30, 2025 0.78%
Jun 30, 2025 1.08%
Jun 30, 2025 1.08%
Mar 31, 2025 2.51%
Mar 31, 2025 2.51%
Dec 31, 2024 4.53%
Dec 31, 2024 4.53%
Sep 30, 2024 4.96%
Sep 30, 2024 4.96%
Jun 30, 2024 3.69%
Jun 30, 2024 3.69%
Mar 31, 2024 4.24%
Mar 31, 2024 4.24%
Dec 31, 2023 8.79%
Dec 31, 2023 8.79%