Palantir Technologies (PLTR) Depreciation and Depletion (2019 - 2025)
Palantir Technologies (PLTR) reported Depreciation and Depletion of $4.8 million for Q3 2025, down 21.3% from $6.1 million a year earlier and down 11.1% from the prior quarter.
Powered by 
Analysis
Palantir Technologies (PLTR) Depreciation and Depletion (2019 - 2025) Analysis & Trends
Over the twelve months ended Sep 30, 2025, Palantir Technologies' Depreciation and Depletion came in at $21.2 million, down 10.2% year-over-year; for FY2024, it was $23.7 million, unchanged from FY2023.
- Depreciation and Depletion has a five-year compound annual growth rate of 14.2% (FY2019 to FY2024).
- By year, Depreciation and Depletion came in at $23.7 million in FY2023 (+21.5%), $19.5 million in FY2022 (+52.3%), $12.8 million in FY2021 (-7.9%) and $13.9 million in FY2020 (+13.9%).
- The Q3 2025 figure ranks as the lowest quarterly Depreciation and Depletion since Q2 2022.
- Year over year, Depreciation and Depletion has now declined in each of the last three quarters, with an average decline of 5.4% over the last eight quarters.
- The high point for year-over-year Depreciation and Depletion in five years was Q3 2022 (growth of 77.4%); the low point was Q4 2021 (a decline of 23.9%).
- Per Business Quant data, the three quarters before Q3 2025 came in at $5.4 million (Q2 2025), $5.5 million (Q1 2025) and $5.5 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | - |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 3.20 Bn |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | - |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | - |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 155.00 Mn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | - |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 54.00 Mn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | - |
| 10 | Workday | 45.49 Bn | 21.61 Bn | 2.00 Bn | 56.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 4.80 Mn |
| Jun 30, 2025 | 5.40 Mn |
| Mar 31, 2025 | 5.50 Mn |
| Dec 31, 2024 | 5.50 Mn |
| Sep 30, 2024 | 6.10 Mn |
| Jun 30, 2024 | 6.00 Mn |
| Mar 31, 2024 | 6.00 Mn |
| Dec 31, 2023 | 5.50 Mn |
| Sep 30, 2023 | 6.30 Mn |
| Jun 30, 2023 | 6.00 Mn |
| Mar 31, 2023 | 5.90 Mn |
| Dec 31, 2022 | 5.60 Mn |
| Sep 30, 2022 | 5.50 Mn |
| Jun 30, 2022 | 4.50 Mn |
| Mar 31, 2022 | 3.90 Mn |
| Dec 31, 2021 | 3.50 Mn |
| Sep 30, 2021 | 3.10 Mn |
| Jun 30, 2021 | 3.10 Mn |
| Mar 31, 2021 | 3.20 Mn |
| Dec 31, 2020 | 4.60 Mn |
API Access
Palantir Technologies Depreciation and Depletion 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=depreciation-and-depletion&ticker=PLTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=PLTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();