Palantir Technologies Inc. Contract with Customer, Liability increased by 14.4% to $929.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 58.1%, from $587.50M to $929.00M. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows an upward trend with a 8.8% CAGR.
An increase indicates higher deferred revenue and future service obligations, while a decrease suggests revenue is being recognized faster than new prepayments are received.
This represents the obligation to transfer services to a customer for which the entity has received consideration or for...
Similar to deferred revenue or contract liabilities reported by other asset management and financial services companies.
other_contract_with_customer_liability| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $555.50M | $510.30M | $463.30M | $506.90M | $430.00M | $460.80M | $339.20M | $427.90M | $497.80M | $489.60M | $486.30M | $477.20M | $517.10M | $615.10M | $566.40M | $587.50M | $685.90M | $730.40M | $812.00M | $929.00M |
| QoQ Change | — | -8.1% | -9.2% | +9.4% | -15.2% | +7.2% | -26.4% | +26.1% | +16.3% | -1.6% | -0.7% | -1.9% | +8.4% | +19.0% | -7.9% | +3.7% | +16.7% | +6.5% | +11.2% | +14.4% |
| YoY Change | — | — | — | — | -22.6% | -9.7% | -26.8% | -15.6% | +15.8% | +6.3% | +43.4% | +11.5% | +3.9% | +25.6% | +16.5% | +23.1% | +32.6% | +18.7% | +43.4% | +58.1% |