Palantir Technologies Inc. (PLTR) stock
PLTRNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 3, 2026Score 14/30248% above fair value
$167.99−3.59 (-2.09%)
Close on Nov 13, 2026Market cap $403.69BP/E 117.5Yield –
Palantir Technologies r&d expenses
Research and development expenses are spending on new products and technology.
Palantir Technologies's R&D Expenses for the twelve months ending Sep 30, 2026 was $716.77M, up 22.4% year over year. For fiscal 2025 it was $557.68M, up 9.8% from the year before. The highest annual figure on record is $560.66M in fiscal 2020.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $557.68M | +9.8% |
| FY2024 | Dec 31, 2024 | $507.88M | +25.5% |
| FY2023 | Dec 31, 2023 | $404.62M | +12.5% |
| FY2022 | Dec 31, 2022 | $359.68M | -7.2% |
| FY2021 | Dec 31, 2021 | $387.49M | -30.9% |
| FY2020 | Dec 31, 2020 | $560.66M | +83.5% |
| FY2019 | Dec 31, 2019 | $305.56M | +7.0% |
| FY2018 | Dec 31, 2018 | $285.45M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $219.72M | +52.4% |
| Q2 FY2026 | Jun 30, 2026 | $192.51M | +42.6% |
| Q1 FY2026 | Mar 31, 2026 | $160.98M | +19.3% |
| Q4 FY2025 | Dec 31, 2025 | $143.55M | -16.3% |
| Q3 FY2025 | Sep 30, 2025 | $144.19M | +22.7% |
| Q2 FY2025 | Jun 30, 2025 | $135.04M | +24.1% |
| Q1 FY2025 | Mar 31, 2025 | $134.89M | +22.6% |
| Q4 FY2024 | Dec 31, 2024 | $171.50M | +56.9% |
| Q3 FY2024 | Sep 30, 2024 | $117.56M | +11.2% |
| Q2 FY2024 | Jun 30, 2024 | $108.78M | +9.3% |
| Q1 FY2024 | Mar 31, 2024 | $110.04M | +22.1% |
| Q4 FY2023 | Dec 31, 2023 | $109.28M | +33.2% |
| Q3 FY2023 | Sep 30, 2023 | $105.71M | +4.8% |
| Q2 FY2023 | Jun 30, 2023 | $99.53M | +12.9% |
| Q1 FY2023 | Mar 31, 2023 | $90.10M | +1.7% |
| Q4 FY2022 | Dec 31, 2022 | $82.04M | -2.5% |
| Q3 FY2022 | Sep 30, 2022 | $100.86M | +6.9% |
| Q2 FY2022 | Jun 30, 2022 | $88.17M | -20.2% |
| Q1 FY2022 | Mar 31, 2022 | $88.60M | -10.0% |
| Q4 FY2021 | Dec 31, 2021 | $84.18M | -10.6% |
| Q3 FY2021 | Sep 30, 2021 | $94.32M | -70.0% |
| Q2 FY2021 | Jun 30, 2021 | $110.52M | +27.3% |
| Q1 FY2021 | Mar 31, 2021 | $98.47M | +49.7% |
| Q4 FY2020 | Dec 31, 2020 | $94.13M | +24.1% |
| Q3 FY2020 | Sep 30, 2020 | $313.92M | +313.7% |
| Q2 FY2020 | Jun 30, 2020 | $86.82M | – |
| Q1 FY2020 | Mar 31, 2020 | $65.80M | – |
| Q4 FY2019 | Dec 31, 2019 | $75.84M | – |
| Q3 FY2019 | Sep 30, 2019 | $75.88M | – |
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