Investing

CapEx

Palantir Technologies Inc. CapEx decreased by 44.2% to $7.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.7%, from $6.18M to $7.40M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 28.0% CAGR.

Analysis

StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.

Detailed definition

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...

Peer comparison

Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.

Metric ID: capital_expenditures

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$697.00K$5.38M$5.84M$15.22M$5.46M$14.44M$4.92M$4.76M$3.93M$1.57M$4.86M$2.66M$2.88M$3.99M$3.11M$6.18M$7.63M$6.79M$13.27M$7.40M
QoQ Change+671.6%+8.7%+160.4%-64.1%+164.5%-65.9%-3.3%-17.3%-60.2%+210.5%-45.2%+8.1%+38.4%-22.1%+99.1%+23.4%-11.0%+95.4%-44.2%
YoY Change+683.1%+168.4%-15.8%-68.7%-27.9%-89.2%-1.2%-44.0%-26.8%+154.6%-36.1%+132.1%+165.2%+70.4%+327.3%+19.7%
Range$697.00K$15.22M
CAGR+64.4%
Avg YoY Growth+88.2%
Median YoY Growth+9.3%

Frequently Asked Questions

What is Palantir Technologies Inc.'s capex?
Palantir Technologies Inc. (PLTR) reported capex of $7.40M in Q1 2026.
How has Palantir Technologies Inc.'s capex changed year-over-year?
Palantir Technologies Inc.'s capex increased by 19.7% year-over-year, from $6.18M to $7.40M.
What is the long-term trend for Palantir Technologies Inc.'s capex?
Over 4 years (2021 to 2025), Palantir Technologies Inc.'s capex has grown at a 28.0% compound annual growth rate (CAGR), from $12.63M to $33.88M.
What does capex mean?
The money spent on long-term physical assets like machinery, data centers, and office buildings.