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

Palantir Technologies' Operating Expenses history runs 8 years deep, the most recent figure standing at $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 came in at $662.8 million for Q1 2026 at Palantir Technologies, up from $615.4 million in the prior quarter.
• Over five years, Operating Expenses peaked at $662.8 million in Q1 2026 and troughed at $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.
• The widest annual swing landed in 2023, when Operating Expenses dropped 5.13%; it then surged 47.94% in 2024.
• A 5-year view of Operating Expenses shows it stood at $422.1 million in 2022, then grew by 2.79% to $433.9 million in 2023, then jumped by 47.94% to $641.9 million in 2024, then dropped by 4.13% to $615.4 million in 2025, then advanced by 7.69% to $662.8 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $662.8 million in Q1 2026, $615.4 million in Q4 2025, and $580.5 million in Q3 2025.