Palantir Technologies Inc. (PLTR) Operating Expenses (2019 - 2026)

Palantir Technologies has disclosed Operating Expenses across 8 years of filings, most recently posting $662.8 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 23.92% year-over-year to $662.8 million; the TTM figure through Mar 2026 stood at $2.4 billion (up 15.02% YoY), while the FY2025 annual figure was $2.3 billion, up 14.23% from the prior year.
• Operating Expenses grew to $662.8 million in Q1 2026, from $615.4 million in the prior quarter.
• Over the last five years, Operating Expenses for PLTR reached as high as $662.8 million in Q1 2026 and fell as low as $391.4 million in Q1 2022.
• The 5-year median for Operating Expenses is $437.2 million (2024), against an average of $485.7 million.
• Annual changes were most pronounced in 2023 — Operating Expenses slipped 5.13% — and 2024, when it jumped 47.94%.
• A 5-year view of Operating Expenses shows it stood at $422.1 million in 2022, then climbed by 2.79% to $433.9 million in 2023, then soared by 47.94% to $641.9 million in 2024, then slipped by 4.13% to $615.4 million in 2025, then gained by 7.69% to $662.8 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $662.8 million, $615.4 million, and $580.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.