TTM
51.5%
YoY change
+7.11pp
Trough year (2020)
-28.3%
Peak year (2025)
46.9%
Latest annual
46.9%
FCF Margin history chart for Palantir (PLTR) from 2018 to 2025
Latest: 46.9%
FCF Margin change chart for Palantir (PLTR) from 2018 to 2025
Latest: +7.11pp
FCF Margin history table for Palantir (PLTR) from 2018 to 2025
| 2025 | 46.9% | +7.11pp | ||
| 2024 | 39.8% | +8.50pp | ||
| 2023 | 31.3% | +21.69pp | ||
| 2022 | 9.6% | -11.19pp | ||
| 2021 | 20.8% | +49.10pp | ||
| 2020 | -28.3% | -4.25pp | ||
| 2019 | -24.0% | -15.28pp | ||
| 2018 | -8.7% | — |
- 202546.9%+7.11pp
- 202439.8%+8.50pp
- 202331.3%+21.69pp
- 20229.6%-11.19pp
- 202120.8%+49.10pp
- 2020-28.3%-4.25pp
- 2019-24.0%-15.28pp
- 2018-8.7%—
FCF Margin values are taken from Palantir's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at Palantir (PLTR)
According to Palantir's latest reported financial statements, the company's latest reported free cash flow margin is 51.5%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Palantir (PLTR) reported free cash flow margin of 46.94% – expanded 7.1 percentage points year-over-year.
46.94% stands as the all-time-high annual free cash flow margin, posted in 2025, against a low of -28.26% during 2020.
Palantir FCF Margin by Year
Palantir FCF Margin 2025: 46.9%
Palantir free cash flow margin in 2025 was 46.94%, expanded 7.1 percentage points from 2024. This figure represents the highest annual value in the available history.
Palantir FCF Margin 2024: 39.8%
2024's free cash flow margin for Palantir came in at 39.83%, expanded 8.5 percentage points from 2023.
Palantir FCF Margin 2023: 31.3%
Palantir posted free cash flow margin of 31.33% in 2023, expanded 21.7 percentage points from 2022.
Palantir FCF Margin 2022: 9.6%
In 2022, Palantir reported free cash flow margin of 9.64%, contracted 11.2 percentage points from 2021.
Palantir FCF Margin 2021: 20.8%
Palantir free cash flow margin in 2021 was 20.83%.
See more financial history for Palantir (PLTR).
Sector peers by FCF Margin
Technology peers of Palantir (PLTR), ranked by their latest free cash flow margin
| 47.0% | |
| 43.4% | |
| 28.6% | |
| 26.6% | |
| 25.5% | |
| 22.9% | |
| 22.9% | |
| 17.7% |
- 47.0%
- 43.4%
- 28.6%
- 26.6%
- 25.5%
- 22.9%
- 22.9%
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