Commercial — Expenses
Business Segments · ExpensesPalantir Technologies Inc. Commercial — Expenses decreased by 6.2% to -$199.61M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 32.1%, from -$151.06M to -$199.61M. Over 2 years (FY 2023 to FY 2025), Commercial — Expenses shows a downward trend with a 21.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may signal rising customer acquisition costs or operational inefficiencies, while a decrease relative to revenue suggests improved operational leverage.
Detailed definition
This metric captures the direct costs and operating expenses associated with delivering software services to the commerc...
Peer comparison
Similar to cost of revenue or segment-specific operating expenses reported by other technology firms.
pltr_segment_commercial_expensesHistorical Data
| 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 | -$120.55M | -$120.55M | -$120.55M | -$120.55M | -$120.88M | -$125.28M | -$127.18M | -$151.06M | -$155.75M | -$163.14M | -$188.04M | -$199.61M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -0.3% | -3.6% | -1.5% | -18.8% | -3.1% | -4.7% | -15.3% | -6.2% |
| YoY Change | — | — | — | — | -0.3% | -3.9% | -5.5% | -25.3% | -28.8% | -30.2% | -47.9% | -32.1% |
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Frequently Asked Questions
- What is Palantir Technologies Inc.'s commercial — expenses?
- Palantir Technologies Inc. (PLTR) reported commercial — expenses of -$199.61M in Q4 2025.
- How has Palantir Technologies Inc.'s commercial — expenses changed year-over-year?
- Palantir Technologies Inc.'s commercial — expenses decreased by 32.1% year-over-year, from -$151.06M to -$199.61M.
- What is the long-term trend for Palantir Technologies Inc.'s commercial — expenses?
- Over 2 years (2023 to 2025), Palantir Technologies Inc.'s commercial — expenses has grown at a 21.0% compound annual growth rate (CAGR), from -$482.21M to -$706.53M.
- What does commercial — expenses mean?
- The total operating costs incurred to support and deliver services to the commercial business segment.