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Palantir Technologies Inc. Cost of Revenue 2018-2025 | PLTR

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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 2024 was $566.0M, a 31.29% increase from 2023. Palantir Technologies Inc. cost of revenue for the quarter ending September 30, 2025 was $207.3M.

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 was Palantir Technologies Inc.'s cost of revenue in 2022?

Palantir Technologies Inc. annual cost of revenue for 2022 was $408.5M, a 20.37% increase from 2021.

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 18.49% from FY2019 to FY2024, going from $242.4M to $566.0M over 5 years.

Cost of Revenue History

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

Key Statistics
Trend Direction
Growing
CAGR+18.5%
FY2019
$242.4M
FY2024
$566.0M
18192021222324
5 years selected
Cost of Revenue History
PeriodValueChangeSource
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
Company: Palantir Technologies Inc.Ticker: PLTRSector: TechnologyIndustry: Services-Prepackaged SoftwareView company profile →