How Does Palantir Technologies Stock Compare With Peers?

PLTR: Palantir Technologies logo
PLTR
Palantir Technologies

Palantir‘s stock surged over the past year with a 123% return, significantly outperforming peers like Microsoft and Google. But how does this AI software leader truly measure up against tech giants in the rapidly scaling AI and data-center boom? A closer look reveals exceptional revenue growth (47.2%) and industry-leading free cash flow margins (46%), underscoring strong operational execution. However, its sky-high PE ratio (364x) signals a stretched valuation, suggesting limited upside potential without sustained, aggressive expansion in its specialized markets.

  • PLTR’s 21.8% operating margin is high, reflecting efficiency from its unique software, though below MSFT’s 46.3% from cloud dominance.
  • PLTR’s 47.2% revenue growth, outpacing peers, reflects strong AI Platform adoption in both commercial and government sectors.
  • PLTR gained 123.2% with a P/E of 364.3, indicating high investor optimism pricing in its leading AI operating system potential.

Here’s how Palantir Technologies stacks up across size, valuation, and profitability versus key peers.

  PLTR MSFT AMZN GOOGL SNOW IBM
Market Cap ($ Bil) 399.0 3,515.4 2,409.3 3,808.9 73.6 272.2
Revenue ($ Bil) 3.9 293.8 670.0 385.5 4.4 65.4
PE Ratio 364.3 33.5 34.1 30.7 -54.5 34.4
LTM Revenue Growth 47.2% 15.6% 10.9% 13.4% 28.5% 4.5%
LTM Operating Margin 21.8% 46.3% 11.4% 32.2% -34.3% 17.7%
LTM FCF Margin 46.0% 26.6% 2.0% 19.1% 17.5% 18.1%
12M Market Return 123.2% 13.8% 2.9% 67.0% 37.6% 36.0%

For more details on Palantir Technologies, read Buy or Sell PLTR Stock. Below we compare PLTR’s growth, margin, and valuation with peers across years

Revenue Growth Comparison

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  LTM 2025 2024 2023 2022
PLTR 47.2% 28.8% 16.7% 23.6%
MSFT 15.6% 14.9% 15.7% 6.9%  
AMZN 10.9% 11.0% 11.8% 9.4%
GOOGL 13.4% 13.9% 8.7% 9.8%
SNOW 28.5% 29.2% 35.9% 69.4%  
IBM 4.5% 1.4% 2.2% 5.5%

Operating Margin Comparison

  LTM 2025 2024 2023 2022
PLTR 21.8% 10.8% 5.4% -8.5%
MSFT 46.3% 45.6% 44.6% 41.8%  
AMZN 11.4% 10.8% 6.4% 2.4%
GOOGL 32.2% 32.1% 27.4% 26.5%
SNOW -34.3% -40.2% -39.0% -40.8%  
IBM 17.7% 16.1% 15.9% 13.5%

PE Ratio Comparison

  LTM 2025 2024 2023 2022
PLTR 364.3 368.2 175.7 -35.5
MSFT 33.5 30.8 31.7 24.7  
AMZN 34.1 38.8 51.5 -314.4
GOOGL 30.7 23.3 23.9 19.2
SNOW -54.5 -40.0 -78.1 -57.4  
IBM 34.4 33.6 19.9 77.5

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