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Current Assets

Total Current Assets

Palantir Technologies Inc. Total Current Assets increased by 14.3% to $9.55B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 52.0%, from $6.28B to $9.55B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 29.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2019
Last reportedQ1 2026May 5, 2026

How to read this metric

Higher values indicate stronger short-term liquidity and operational flexibility.

Detailed definition

This is the aggregate value of all assets that are expected to be converted into cash or consumed within one fiscal year...

Peer comparison

Standard metric across all sectors; compared against total current liabilities to determine the current ratio.

Metric ID: total_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$2.66B$2.81B$2.86B$2.93B$2.9B$2.95B$3.04B$3.26B$3.58B$3.81B$4.14B$4.44B$4.77B$5.35B$5.93B$6.28B$6.89B$7.59B$8.36B$9.55B
QoQ Change+5.6%+1.8%+2.2%-0.9%+1.5%+3.2%+7.1%+9.9%+6.5%+8.6%+7.2%+7.6%+12.1%+10.9%+5.9%+9.7%+10.1%+10.2%+14.3%
YoY Change+9.0%+4.8%+6.2%+11.2%+23.2%+29.3%+36.1%+36.2%+33.5%+40.5%+43.4%+41.6%+44.3%+41.7%+40.8%+52.0%
Range$2.66B$9.55B
CAGR+30.9%
Avg YoY Growth+30.9%
Median YoY Growth+36.2%
Current Streak15 quarters growth

Frequently Asked Questions

What is Palantir Technologies Inc.'s total current assets?
Palantir Technologies Inc. (PLTR) reported total current assets of $9.55B in Q1 2026.
How has Palantir Technologies Inc.'s total current assets changed year-over-year?
Palantir Technologies Inc.'s total current assets increased by 52.0% year-over-year, from $6.28B to $9.55B.
What is the long-term trend for Palantir Technologies Inc.'s total current assets?
Over 5 years (2020 to 2025), Palantir Technologies Inc.'s total current assets has grown at a 29.9% compound annual growth rate (CAGR), from $2.26B to $8.36B.
What does total current assets mean?
The sum of all assets that the company expects to turn into cash within one year.