Palantir Technologies PLTR
NASDAQ PLTR
$189.67 -2.92 (-1.52%)
As of: Sep 25, 2026 · 3:59 PM EDT

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

Palantir Technologies' (PLTR) quarterly Operating Expenses came in at $726.6 million in Q2 2026, up 34.19% year-over-year from $541.4 million in Q2 2025, and up 9.63% quarter-over-quarter from $662.8 million in Q1 2026.

Analysis

Palantir Technologies (PLTR) Operating Expenses (2019 - 2026) Analysis & Trends

Palantir Technologies (PLTR) has reported Operating Expenses for 8 consecutive years, with $726.6 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 34.19% year-over-year to $726.6 million in Q2 2026; TTM through Jun 2026 was $2.6 billion, a 18.38% increase from a year earlier, with the FY2025 full-year figure at $2.3 billion, up 14.23% from the prior year.
  • Operating Expenses was $726.6 million for Q2 2026 at Palantir Technologies, up from $662.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $726.6 million in Q2 2026 and troughed at $391.4 million in Q1 2022.
  • A 5-year average of $499.1 million and a median of $440.7 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses decreased 5.13% in 2023 and soared 47.94% in 2024, its largest moves.
  • Over 5 years, Operating Expenses stood at $422.1 million in 2022, then advanced by 2.79% to $433.9 million in 2023, then surged by 47.94% to $641.9 million in 2024, then decreased by 4.13% to $615.4 million in 2025, then climbed by 18.06% to $726.6 million in 2026.
  • The last three Operating Expenses figures came in at $726.6 million (Q2 2026), $662.8 million (Q1 2026), and $615.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Palantir Technologies 460.85 Bn 451.55 Bn 1.64 Bn 726.59 Mn
2 Oracle 437.09 Bn 400.44 Bn - 12.62 Bn
3 Sap Se 258.74 Bn 237.66 Bn 8.40 Bn -8.41 Bn
4 Salesforce 195.52 Bn 184.12 Bn 8.70 Bn 6.37 Bn
5 ServiceNow 145.61 Bn 140.94 Bn 2.82 Bn 2.66 Bn
6 Automatic Data Processing 104.89 Bn 100.66 Bn 2.51 Bn 4.34 Bn
7 Intuit 76.97 Bn 69.77 Bn 3.46 Bn 3.88 Bn
8 Relx 60.41 Bn 60.04 Bn - -
9 Strategy 57.09 Bn 54.64 Bn 81.55 Mn 8.41 Bn
10 Workday 46.40 Bn 42.99 Bn 2.21 Bn 2.34 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 726.59 Mn
Mar 31, 2026 662.79 Mn
Dec 31, 2025 615.44 Mn
Sep 30, 2025 580.53 Mn
Jun 30, 2025 541.45 Mn
Mar 31, 2025 534.84 Mn
Dec 31, 2024 641.94 Mn
Sep 30, 2024 465.74 Mn
Jun 30, 2024 444.23 Mn
Mar 31, 2024 437.20 Mn
Dec 31, 2023 433.92 Mn
Sep 30, 2023 410.25 Mn
Jun 30, 2023 416.34 Mn
Mar 31, 2023 413.43 Mn
Dec 31, 2022 422.14 Mn
Sep 30, 2022 432.46 Mn
Jun 30, 2022 412.53 Mn
Mar 31, 2022 391.39 Mn
Dec 31, 2021 404.25 Mn
Sep 30, 2021 397.28 Mn
API Access

Palantir Technologies Operating Expenses API

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