Palantir Technologies' Cost of Revenue rose 3110.74% to $274.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.0 billion, marking a year-over-year increase of 3089.83%. This contributed to the annual value of $887.8 million for FY2024, which is 1916.3% up from last year.
As of Q3 2025, Palantir Technologies' Cost of Revenue stood at $274.6 million, which was up 3110.74% from $243.8 million recorded in Q2 2025.
Over the past 5 years, Palantir Technologies' Cost of Revenue peaked at $288.3 million during Q4 2024, and registered a low of $136.1 million during Q1 2021.
For the 5-year period, Palantir Technologies' Cost of Revenue averaged around $195.0 million, with its median value being $187.1 million (2023).
Within the past 5 years, the most significant YoY rise in Palantir Technologies' Cost of Revenue was 5839.07% (2021), while the steepest drop was 5418.39% (2021).
Quarter analysis of 5 years shows Palantir Technologies' Cost of Revenue stood at $162.6 million in 2021, then grew by 17.0% to $190.2 million in 2022, then increased by 3.75% to $197.4 million in 2023, then surged by 46.07% to $288.3 million in 2024, then fell by 4.74% to $274.6 million in 2025.
Its Cost of Revenue stands at $274.6 million for Q3 2025, versus $243.8 million for Q2 2025 and $236.3 million for Q1 2025.

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