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

Palantir Technologies (PLTR) has reported Research & Development for 8 consecutive years, with $161.0 million the latest figure, recorded in 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 $872.8 million (up 39.72% YoY), while the FY2025 annual figure was $1.1 billion, up 108.09% from the prior year.
• Research & Development slipped to $161.0 million in Q1 2026 per PLTR's latest filing, from $302.1 million in the prior quarter.
• Across five years, Research & Development topped out at $449.7 million in Q4 2023 and bottomed at $88.2 million in Q2 2022.
• Historically, Research & Development has averaged $203.7 million across 5 years, with a median of $176.4 million in 2023.
• Annual changes were most pronounced in 2023 — Research & Development jumped 108.87% — and 2024, when it plunged 61.86%.
• Palantir Technologies' Research & Development stood at $424.9 million in 2022, then increased by 5.83% to $449.7 million in 2023, then slumped by 61.86% to $171.5 million in 2024, then soared by 76.16% to $302.1 million in 2025, then slumped by 46.72% to $161.0 million in 2026.
• Business Quant data shows PLTR's Research & Development at $161.0 million in Q1 2026, $302.1 million in Q4 2025, and $274.6 million in Q3 2025.