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Palantir Technologies Inc. R&D Expense 2018-2026 | PLTR

Annual FY2018–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$557.7M

+9.8%YoY vs FY2024Source: 10-KFY2025

From $285.5M in FY2018 to $557.7M in FY2025: 2.0× in 7 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$161M+19.3%Not reportedNot reportedNot reported
FY25$135M+22.6%$135M+24.1%$144M+22.7%$144M−16.3%
FY24$110M+22.1%$109M+9.3%$118M+11.2%$172M+56.9%
FY23$90M+1.7%$100M+12.9%$106M+4.8%$109M+33.2%
FY22$89M−10.0%$88M−20.2%$101M+6.9%$82M−2.5%
Share22%23%31%25%

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

−0.1%

FY2020
$560.7M
FY2025
$557.7M

5 years selected · on the chart

R&D Expense History

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

  1. $557.7M
YoY changeLargest recent move+83.5%in FY20Latest +9.8%

R&D Expense, period by period

PeriodValueChangeSource
FY2025$557.7M+9.8%10-K
FY2024$507.9M+25.5%10-K
FY2023$404.6M+12.5%10-K
FY2022$359.7M−7.2%10-K
FY2021$387.5M−30.9%10-K
FY2020$560.7M+83.5%10-K
FY2019$305.6M+7.0%10-K
FY2018$285.5M—10-K

What is r&d expense?

Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.

What is Palantir Technologies Inc.'s current r&d expense?

Palantir Technologies Inc. (PLTR) annual r&d expense for 2025 was $557.7M, a 9.81% increase from 2024. Palantir Technologies Inc. r&d expense for the quarter ending March 31, 2026 was $161.0M.

What was Palantir Technologies Inc.'s r&d expense in 2024?

Palantir Technologies Inc. annual r&d expense for 2024 was $507.9M, a 25.52% increase from 2023.

What was Palantir Technologies Inc.'s r&d expense in 2023?

Palantir Technologies Inc. annual r&d expense for 2023 was $404.6M, a 12.50% increase from 2022.

What is Palantir Technologies Inc.'s 5-year r&d expense CAGR?

Palantir Technologies Inc. r&d expense grew at a compound annual growth rate (CAGR) of 0.11% from FY2020 to FY2025, going from $560.7M to $557.7M over 5 years.

Company
Palantir Technologies Inc.
Ticker
PLTR
Sector
Technology
Industry
Services-Prepackaged Software