Palantir (PLTR) r&d spend was $558M in FY2025 (+10% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$558M
+10%
2024
$508M
+26%
2023
$405M
+12%
2022
$360M
-7%
2021
$387M
-31%
2020
$561M
+83%
2019
$306M
+7%
2018
$285M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q1 2026
$161M
Q4 2025
$144M
Q3 2025
$144M
Q2 2025
$135M
Q1 2025
$135M
Q4 2024
$172M
Q3 2024
$118M
Q2 2024
$109M
Q1 2024
$110M
Q4 2023
$109M
Q3 2023
$106M
Q2 2023
$100M
Source: PLTR on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.