Palantir Technologies Inc. Total Operating Expenses increased by 7.7% to $662.79M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.9%, from $534.84M to $662.79M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 8.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $430.86M | $397.28M | $404.25M | $391.39M | $412.53M | $432.46M | $422.14M | $413.43M | $416.34M | $410.25M | $433.92M | $437.20M | $444.23M | $465.74M | $641.94M | $534.84M | $541.45M | $580.53M | $615.44M | $662.79M |
| QoQ Change | — | -7.8% | +1.8% | -3.2% | +5.4% | +4.8% | -2.4% | -2.1% | +0.7% | -1.5% | +5.8% | +0.8% | +1.6% | +4.8% | +37.8% | -16.7% | +1.2% | +7.2% | +6.0% | +7.7% |
| YoY Change | — | — | — | — | -4.3% | +8.9% | +4.4% | +5.6% | +0.9% | -5.1% | +2.8% | +5.8% | +6.7% | +13.5% | +47.9% | +22.3% | +21.9% | +24.6% | -4.1% | +23.9% |