PLTR · 8-K · 20261102PR000045

Operating Expense Trends

Palantir Technologies Inc. · 2026-11-02 · Importance 66 · Surprise 56 · From source text

Q3 2026 total operating expenses increased 46% year over year to $845.3 million from $580.5 million. Sales and marketing expense rose 44% to $396.7 million, research and development rose 52% to $219.7 million, and general and administrative expense increased 42% to $228.8 million. Stock-based compensation totaled $318.9 million for the quarter, up from $172.3 million a year earlier, including $123.5 million in sales and marketing, $65.2 million in R&D, and $92.3 million in G&A. The release does not provide specific operational drivers for these expense increases.

Key facts

• Palantir's Q3 2026 research and development expense was $219.720 million, compared with $144.191 million in Q3 2025. source
• Palantir's Q3 2026 sales and marketing expense was $396.711 million, compared with $274.636 million in Q3 2025. source
• Palantir's Q3 2026 general and administrative expense was $228.849 million, compared with $161.702 million in Q3 2025. source
• Palantir's Q3 2026 total operating expenses were $845.280 million, compared with $580.529 million in Q3 2025. source

Impact estimates