Current Assets

Prepaid & Other Current

Palantir Technologies Inc. Prepaid & Other Current decreased by 13.9% to $119.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $126.71M to $119.70M. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows an upward trend with a 21.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026May 5, 2026

How to read this metric

Significant fluctuations may indicate changes in corporate procurement cycles or shifts in accounting for short-term financial instruments.

Detailed definition

Payments made in advance for services or goods to be received within the next year, alongside other miscellaneous short-...

Peer comparison

Generally a small percentage of current assets; large spikes may warrant investigation into non-recurring items.

Metric ID: prepaid_and_other_current_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$41.65M$112.62M$110.87M$115.04M$150.89M$114.16M$149.56M$85.63M$97.91M$95.55M$99.66M$81.18M$115.71M$119.19M$129.25M$126.71M$142.49M$142.43M$139.07M$119.70M
QoQ Change+170.4%-1.6%+3.8%+31.2%-24.3%+31.0%-42.7%+14.3%-2.4%+4.3%-18.5%+42.5%+3.0%+8.4%-2.0%+12.5%-0.0%-2.4%-13.9%
YoY Change+262.3%+1.4%+34.9%-25.6%-35.1%-16.3%-33.4%-5.2%+18.2%+24.7%+29.7%+56.1%+23.1%+19.5%+7.6%-5.5%
Range$41.65M$150.89M
CAGR+24.9%
Avg YoY Growth+22.3%
Median YoY Growth+12.9%
Current Streak3 quarters decline

Frequently Asked Questions

What is Palantir Technologies Inc.'s prepaid & other current?
Palantir Technologies Inc. (PLTR) reported prepaid & other current of $119.70M in Q1 2026.
How has Palantir Technologies Inc.'s prepaid & other current changed year-over-year?
Palantir Technologies Inc.'s prepaid & other current decreased by 5.5% year-over-year, from $126.71M to $119.70M.
What is the long-term trend for Palantir Technologies Inc.'s prepaid & other current?
Over 5 years (2020 to 2025), Palantir Technologies Inc.'s prepaid & other current has grown at a 21.8% compound annual growth rate (CAGR), from $51.89M to $139.07M.
What does prepaid & other current mean?
Assets representing payments made for future services or miscellaneous short-term holdings.