Investing
CapEx
Palantir Technologies Inc. CapEx increased by 95.4% to $13.27M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 327.3%, from $3.11M to $13.27M. 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 reportedQ4 2013
Last reportedQ4 2025
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:
cf_capital_expendituresHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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% |
| 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% |
Range$697.00K – $15.22M
CAGR+92.5%
Avg YoY Growth+92.8%
Median YoY Growth-1.2%
CapEx at Other Companies
Frequently Asked Questions
- What is Palantir Technologies Inc.'s capex?
- Palantir Technologies Inc. (PLTR) reported capex of $13.27M in Q4 2025.
- How has Palantir Technologies Inc.'s capex changed year-over-year?
- Palantir Technologies Inc.'s capex increased by 327.3% year-over-year, from $3.11M to $13.27M.
- 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.