PL
PLTR
Quarter ended Mar 31, 2026 · FY2026 Q1

Palantir Technologies (PLTR) Revenue — Quarter Ended Mar 31, 2026

Revenue for the latest quarter increased compared to the prior quarter. The figure also rose sharply from the same quarter last year.

Key takeaway

Quarter ended Mar 31, 2026 · FY2026 Q1

Revenue for the latest quarter increased compared to the prior quarter. The figure also rose sharply from the same quarter last year.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$1.6B

Revenue reported for this quarter.

Quarter-over-quarter

+16.0%

Change from the immediately preceding quarter.

Year-over-year

+84.7%

Change from the comparable year-ago quarter.

Trailing four quarters

$5.2B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jun 30, 2025$1B+48.0%
Sep 30, 2025$1.2B+62.8%
Dec 31, 2025$1.4B+70.0%
Mar 31, 2026$1.6B+84.7%

Revenue performance

Revenue growth was supported by the company's operations. Management's discussion noted that the increase in operating cash flow was driven primarily by revenue growth, partially offset by the timing of billings and customer payments.

Quarterly comparison

Revenue in the latest quarter exceeded that of the immediately preceding quarter. Compared with the same quarter one year ago, revenue was substantially higher, maintaining a pattern of year-over-year improvement.

What to watch

Watch whether the billing and payment timing that partially offset cash flow growth continues in upcoming periods.