Skip to content
AnalystLens
Back to PLTRIncome Statement

Palantir Technologies Inc. Cost of Revenue 2018-2026 | PLTR

Annual FY2018–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$789.2M

+39.4%YoY vs FY2024Source: 10-KFY2025

From $165.4M in FY2018 to $789.2M in FY2025: 4.8× in 7 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$216M+24.8%Not reportedNot reportedNot reported
FY25$173M+48.8%$193M+50.1%$207M+41.4%$216M+23.7%
FY24$116M+8.0%$129M+20.3%$147M+35.9%$175M+60.7%
FY23$108M+14.0%$107M+4.6%$108M+0.3%$109M+4.1%
FY22$94M+27.4%$102M+12.4%$108M+24.0%$104M+19.1%
Share22%24%29%26%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+17.5%

FY2020
$352.5M
FY2025
$789.2M

5 years selected · on the chart

01—History

Cost of Revenue History

Year-over-year comparison from 10-K annual reports

  8. $789.2M
YoY changeLargest recent move+46.5%in FY19Latest +39.4%

02—Ledger

Cost of Revenue, period by period

PeriodValueChangeSource
FY2025$789.2M+39.4%10-K
FY2024$566.0M+31.3%10-K
FY2023$431.1M+5.5%10-K
FY2022$408.5M+20.4%10-K
FY2021$339.4M−3.7%10-K
FY2020$352.5M+45.5%10-K
FY2019$242.4M+46.5%10-K
FY2018$165.4M—10-K

03—Questions

What is cost of revenue?

Cost of revenue includes the direct costs attributable to producing goods or delivering services sold by the company.

What is Palantir Technologies Inc.'s current cost of revenue?

Palantir Technologies Inc. (PLTR) annual cost of revenue for 2025 was $789.2M, a 39.43% increase from 2024. Palantir Technologies Inc. cost of revenue for the quarter ending March 31, 2026 was $215.8M.

What was Palantir Technologies Inc.'s cost of revenue in 2024?

Palantir Technologies Inc. annual cost of revenue for 2024 was $566.0M, a 31.29% increase from 2023.

What was Palantir Technologies Inc.'s cost of revenue in 2023?

Palantir Technologies Inc. annual cost of revenue for 2023 was $431.1M, a 5.52% increase from 2022.

What is Palantir Technologies Inc.'s 5-year cost of revenue CAGR?

Palantir Technologies Inc. cost of revenue grew at a compound annual growth rate (CAGR) of 17.49% from FY2020 to FY2025, going from $352.5M to $789.2M over 5 years.

Company
Palantir Technologies Inc.
Ticker
PLTR
Sector
Technology
Industry
Services-Prepackaged Software
View company profile →