Palantir Technologies (PLTR) Cost of Revenue (2019 - 2026)

Palantir Technologies (PLTR) has 8 years of Cost of Revenue data on file, last reported at $215.8 million in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $215.8 million, up 24.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 110.81% YoY), and the FY2025 annual result was $1.1 billion, up 86.73% from the prior year.
• Cost of Revenue slipped to $215.8 million in Q1 2026 per PLTR's latest filing, from $483.6 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $483.6 million in Q4 2025 and troughed at -$116.5 million in Q4 2023.
• A 5-year average of $167.9 million and a median of $168.9 million in 2022 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue tumbled 129.26% in 2023, then surged 1545.02% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $398.3 million in 2022, then plunged by 129.26% to -$116.5 million in 2023, then jumped by 71.28% to -$33.5 million in 2024, then soared by 1545.02% to $483.6 million in 2025, then tumbled by 55.38% to $215.8 million in 2026.
• Business Quant data shows PLTR's Cost of Revenue at $215.8 million in Q1 2026, $483.6 million in Q4 2025, and $207.3 million in Q3 2025.