Palantir Technologies (PLTR) Cost of Revenue (2019 - 2026)
Palantir Technologies (PLTR) reported Cost of Revenue of $296.87 million for Q2 2026, up 53.9% from $192.93 million a year earlier and up 37.6% from the prior quarter.
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Palantir Technologies (PLTR) Cost of Revenue (2019 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Palantir Technologies' Cost of Revenue came in at $935.94 million, up 36.2% year-over-year; for FY2025, it was $789.18 million, up 39.4% from FY2024.
- Cost of Revenue has increased for four consecutive years, with a five-year compound annual growth rate of 17.5% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $565.99 million in FY2024 (+31.3%), $431.11 million in FY2023 (+5.5%), $408.55 million in FY2022 (+20.4%) and $339.4 million in FY2021 (-3.7%).
- The Q2 2026 figure ranks as the highest quarterly Cost of Revenue in data going back to Q3 2019.
- Year over year, Cost of Revenue has now increased in each of the last 19 quarters, with growth averaging 42.4% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q4 2024 (growth of 60.7%); the low point was Q3 2021 (a decline of 41.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $215.8 million (Q1 2026), $215.97 million (Q4 2025) and $207.31 million (Q3 2025).
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Palantir Technologies Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PLTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PLTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PLTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();