Where Does Palantir Technologies Stock Rank Among Competitors?
Palantir‘s stock has dramatically outperformed its peers over the past year. But how does it truly stack up against software and cloud giants rapidly scaling in the AI and data analytics space? A closer look reveals exceptional free cash flow and robust revenue growth, but also a steep valuation and moderate operating profitability, suggesting potential volatility if high growth expectations, including a projected 61% revenue increase in 2026, aren’t consistently met.
- PLTR’s 21.8% operating margin is strong, reflecting software leverage as its platform scales, though below MSFT’s 46.7% from cloud dominance.
- PLTR’s 47.2% revenue growth is robust, driven by surging AIP adoption in commercial and government sectors, outpacing peers.
- PLTR gained 79.1% (past year), outperforming peers; its 320.7 PE reflects strong investor AI growth optimism.
Here’s how Palantir Technologies stacks up across size, valuation, and profitability versus key peers.
| PLTR | MSFT | AMZN | GOOGL | SNOW | IBM | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 351.3 | 3,146.1 | 2,593.4 | 4,153.8 | 64.8 | 293.9 |
| Revenue ($ Bil) | 3.9 | 305.5 | 691.3 | 385.5 | 4.4 | 65.4 |
| PE Ratio | 320.7 | 26.4 | 33.9 | 33.4 | -48.0 | 37.2 |
| LTM Revenue Growth | 47.2% | 16.7% | 11.5% | 13.4% | 28.5% | 4.5% |
| LTM Operating Margin | 21.8% | 46.7% | 11.0% | 32.2% | -34.3% | 17.7% |
| LTM FCF Margin | 46.0% | 25.3% | 1.5% | 19.1% | 17.5% | 18.1% |
| 12M Market Return | 79.1% | 2.8% | 2.2% | 69.1% | 5.1% | 26.3% |
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
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| PLTR | 47.2% | – | 28.8% | 16.7% | 23.6% |
| MSFT | 16.7% | 14.9% | 15.7% | 6.9% | |
| AMZN | 11.5% | – | 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 | 46.7% | 45.6% | 44.6% | 41.8% | |
| AMZN | 11.0% | – | 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 | 320.7 | – | 865.4 | 774.0 | -94.8 |
| MSFT | 26.4 | 35.3 | 35.5 | 38.7 | |
| AMZN | 33.9 | – | 40.8 | 74.3 | -568.7 |
| GOOGL | 33.4 | – | 38.5 | 32.4 | 30.4 |
| SNOW | -48.0 | -56.8 | -60.6 | -79.6 | |
| IBM | 37.2 | – | 45.3 | 26.7 | 90.0 |
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