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| Date | Value |
|---|---|
| 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 |