Palantir Technologies Inc. (PLTR) Research & Development (2019 - 2026)

Palantir Technologies has disclosed Research & Development across 8 years of filings, most recently posting $161.0 million for Q1 2026.

• In Q1 2026, Research & Development rose 19.34% year-over-year to $161.0 million; the TTM figure through Mar 2026 stood at $583.8 million (up 9.58% YoY), while the FY2025 annual figure was $557.7 million, up 9.81% from the prior year.
• Research & Development improved to $161.0 million in Q1 2026, from $143.6 million in the prior quarter.
• Over the last five years, Research & Development for PLTR reached as high as $171.5 million in Q4 2024 and fell as low as $82.0 million in Q4 2022.
• The 5-year median for Research & Development is $109.3 million (2023), against an average of $117.1 million.
• Annual changes were most pronounced in 2022 — Research & Development dropped 20.22% — and 2024, when it surged 56.93%.
• A 5-year view of Research & Development shows it stood at $82.0 million in 2022, then surged by 33.2% to $109.3 million in 2023, then surged by 56.93% to $171.5 million in 2024, then slipped by 16.3% to $143.6 million in 2025, then increased by 12.14% to $161.0 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $161.0 million, $143.6 million, and $144.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.