Palantir Technologies Inc.

PLTR Technology Software Infrastructure

Palantir Technologies Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.5 billion, up 56.2% from fiscal 2024.

Revenue
+95.9%
EPS
+135.8%
Free cash flow
+138.9%

Quarter to September 2026, against a year earlier

160.65 5.66 +3.65%
Market cap
$373.5B
P/E
102×
Fwd P/E
118×
Dividend yield
—
F-score
8/9
Altman Z
180.37
Beneish M
−1.99
Dividend safety
n/a

Palantir Technologies Inc. (PLTR) Price to free cash flow

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As of 5 November 2026, Palantir Technologies Inc. (PLTR) trades at a price to free cash flow of 92.3×. Over the past ten years it has ranged from 0.0× (March 2021) to 884× (September 2021); the current reading is higher than 46% of that period. That is above the Software Infrastructure industry median of 17.9× and above the Technology sector median of 18.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 201× 34.47%
FY2024 149× 191.95%
FY2023 51.1× (28.85%)
FY2022 71.8× (34.17%)
FY2021 109× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 111× 33.14%
Jun 2026 83.4× (36.00%)
Mar 2026 130× (35.04%)
Dec 2025 201× (17.06%)
24 more quarters

Against its own ten years

Low 0.0× High 884×
Ten-year median 96.4×
Current reading's percentile 46

Price to free cash flow against peers

Company Price to free cash flow
ORCL Oracle Corporation compare n/m
XYZ Block, Inc. compare 14.7×
FTNT Fortinet, Inc. compare 26.2×
SNPS Synopsys, Inc. compare 30.8×
PANW Palo Alto Networks, Inc. compare 57.6×
MSFT Microsoft Corporation compare 66.5×
PLTR Palantir Technologies Inc. 92.3×
CRWD CrowdStrike compare 147×
NET Cloudflare, Inc. compare 271×
Software Infrastructure industry median 17.9×
Technology sector median 18.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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