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

Palantir Technologies' (PLTR) quarterly Research & Development came in at $161.0 million in Q1 2026, up 19.34% year-on-year from $134.9 million in Q1 2025, and up 12.14% sequentially from $143.6 million in Q4 2025.

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

Palantir Technologies' Research & Development history runs 8 years deep, the most recent figure standing at $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 came in at $161.0 million for Q1 2026 at Palantir Technologies, up from $143.6 million in the prior quarter.
  • Over five years, Research & Development peaked at $171.5 million in Q4 2024 and troughed at $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.
  • The widest annual swing landed in 2022, when Research & Development declined 20.22%; it then soared 56.93% in 2024.
  • A 5-year view of Research & Development shows it stood at $82.0 million in 2022, then soared by 33.2% to $109.3 million in 2023, then soared by 56.93% to $171.5 million in 2024, then dropped by 16.3% to $143.6 million in 2025, then rose by 12.14% to $161.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $161.0 million in Q1 2026, $143.6 million in Q4 2025, and $144.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - 1.33 Mn
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 8.92 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn 160.98 Mn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn 511.00 Mn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 356.41 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn 2.61 Bn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 214.00 Mn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn 150.97 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 714.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 160.98 Mn
Dec 31, 2025 143.55 Mn
Sep 30, 2025 144.19 Mn
Jun 30, 2025 135.04 Mn
Mar 31, 2025 134.89 Mn
Dec 31, 2024 171.50 Mn
Sep 30, 2024 117.56 Mn
Jun 30, 2024 108.78 Mn
Mar 31, 2024 110.04 Mn
Dec 31, 2023 109.28 Mn
Sep 30, 2023 105.71 Mn
Jun 30, 2023 99.53 Mn
Mar 31, 2023 90.10 Mn
Dec 31, 2022 82.04 Mn
Sep 30, 2022 100.86 Mn
Jun 30, 2022 88.17 Mn
Mar 31, 2022 88.60 Mn
Dec 31, 2021 84.18 Mn
Sep 30, 2021 94.32 Mn
Jun 30, 2021 110.52 Mn