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.

• On a quarterly basis, Cost of Revenue rose 24.76% year-over-year to $215.8 million in Q1 2026; TTM through Mar 2026 was $832.0 million, a 33.61% increase from a year earlier, with the FY2025 full-year figure at $789.2 million, up 39.43% from the prior year.
• Cost of Revenue for Q1 2026 stood at $215.8 million, roughly flat from $216.0 million in the prior quarter.
• Over the last five years, Cost of Revenue for PLTR reached as high as $216.0 million in Q4 2025 and fell as low as $94.4 million in Q1 2022.
• Historically, Cost of Revenue has averaged $141.8 million across 5 years, with a median of $116.3 million in 2024.
• Across the five-year window, Cost of Revenue gained 0.29% in 2023 and jumped 60.65% in 2024, its largest moves.
• Year by year, Cost of Revenue stood at $104.3 million in 2022, then gained by 4.15% to $108.6 million in 2023, then surged by 60.65% to $174.5 million in 2024, then gained by 23.74% to $216.0 million in 2025, then fell by 0.08% to $215.8 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $215.8 million in Q1 2026, $216.0 million in Q4 2025, and $207.3 million in Q3 2025.