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Current Assets

Prepaid & Other Current

Palantir Technologies Inc. Prepaid & Other Current decreased by 13.9% to $119.7M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $126.71M to $119.7M. 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
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026May 5, 2026

How to read this metric

Significant fluctuations may indicate changes in operational scale or timing of large vendor contracts.

Detailed definition

This category includes payments made in advance for services or goods to be received within the next year, such as insur...

Peer comparison

Generally low and stable for software-as-a-service companies, scaling proportionally with headcount and operational footprint.

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$119.7M
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 $119.7M 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 $119.7M.
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?
Payments made in advance for future services or other short-term assets not classified elsewhere.