Company / R&D Expense
Palantir Technologies R&D Expense History
FY2018-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$557.7M
FY2025
5-year range
$359.7M / $557.7M
FY2021-FY2025
Trend
+9.8%
vs FY2024
Sector context
#65 of 248
Information Technology
What the data says
At $558M, Palantir Technologies's r&d expense ranks #65 of 248 in the Information Technology sector. R&D Expense has increased for 3 consecutive years, from $360M in FY2022 to $558M in FY2025.
Based on SEC 10-K filings.
$558M in FY2025 with a 5-year CAGR of -0.1%.
Improved from $405M to $558M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +15.7%
- 5-Year CAGR
- -0.1%
- 10-Year CAGR
- -
Sector benchmark
#65 of 248 in Information TechnologyTop 26% of 248This company $557.7M Sector average $941.5M
▼
-40.8% below sector average
Key checks
Key Insights
- Palantir Technologies's r&d expense has grown for 3 consecutive years.
- 5-year CAGR of -0.1%, indicating a declining trend.
- In FY2025, r&d expense increased 9.8% year-over-year.
- Ranks #65 out of 248 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 3.29 (safe zone, above 2.9 threshold)
- Strong profit margin: 28.1%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $557.7M | +9.8% |
| FY2024 | $507.9M | +25.5% |
| FY2023 | $404.6M | +12.5% |
| FY2022 | $359.7M | -7.2% |
| FY2021 | $387.5M | -30.9% |
| FY2020 | $560.7M | +83.5% |
| FY2019 | $305.6M | +7.0% |
| FY2018 | $285.5M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026