Growth Metrics

Palantir Technologies (PLTR) Cost Of Revenue (2019 - 2025)

Palantir Technologies (PLTR) has disclosed Cost of Revenue for 7 consecutive years, with $34.4 million as the latest value for Q4 2025.

  • Quarterly Cost of Revenue fell 80.27% to $34.4 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $721.8 million through Dec 2025, down 6.74% year-over-year, with the annual reading at $789.2 million for FY2025, 39.43% up from the prior year.
  • Cost of Revenue for Q4 2025 was $34.4 million at Palantir Technologies, down from $207.3 million in the prior quarter.
  • The five-year high for Cost of Revenue was $422.5 million in Q4 2023, with the low at -$103.7 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $160.6 million, with a median of $175.5 million recorded in 2023.
  • The sharpest move saw Cost of Revenue tumbled 163.8% in 2022, then skyrocketed 507.34% in 2023.
  • Over 5 years, Cost of Revenue stood at $162.6 million in 2021, then plummeted by 163.8% to -$103.7 million in 2022, then surged by 507.34% to $422.5 million in 2023, then plummeted by 58.69% to $174.5 million in 2024, then plummeted by 80.27% to $34.4 million in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods came in at $34.4 million, $207.3 million, and $243.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.