Palantir Technologies Inc. (PLTR) is a technology company that specializes in big data analytics, developing software platforms for large institutions in the intelligence, defense and commercial sectors.
An investment's real performance is determined by its growth in purchasing power, a factor nominal prices don't capture. To offer a more accurate measure, this page adjusts Palantir's historical stock prices for inflation using the US Consumer Price Index.
Nominal prices are adjusted for stock splits and assume reinvestment of any dividends to reflect total return. Inflation-adjusted prices use May 2026 as the baseline (latest available CPI).
The current value of Palantir stock is 133.25 (as of the close of Jun 16, 2026), 35.68% lower than the all-time high of 207.18 (Nov 3, 2025).
Since September 30, 2020, the inflation-adjusted total return for the stock has been 989.38%, which is equivalent to an annual growth rate of 51.93%.
In nominal values, the total return since this date has been 1,303%, or an annualized rate of 58.81%.
This data presents Palantir's end-of-month closing levels over time. Inflation-adjusted figures show what past levels would be worth using roughly today's purchasing power based on the latest CPI data, following the same present-value method that underlies the US Inflation Calculator. The latest entry in the table will have equal nominal and adjusted values until the next CPI figures are released.
| Date | Inflation-Adjusted | Nominal value |
|---|---|---|
| Jun 2026 | 133.25 | 133.25 |
| May 2026 | 156.54 | 156.54 |
| Apr 2026 | 139.99 | 139.11 |
| Mar 2026 | 148.46 | 146.28 |
| Feb 2026 | 140.69 | 137.19 |
| Jan 2026 | 151.04 | 146.59 |
| Dec 2025 | 183.82 | 177.75 |
| Nov 2025 | 174.17 | 168.45 |
| Oct 2025 | 200.47 | 200.47 |
| Sep 2025 | 188.22 | 182.42 |
| Aug 2025 | 162.1 | 156.71 |
| Jul 2025 | 164.27 | 158.35 |
| Jun 2025 | 141.63 | 136.32 |
| May 2025 | 137.38 | 131.78 |
| Apr 2025 | 123.73 | 118.44 |
| Mar 2025 | 88.44 | 84.4 |
| Feb 2025 | 89.19 | 84.92 |
| Jan 2025 | 87.02 | 82.49 |
| Dec 2024 | 80.31 | 75.63 |
| Nov 2024 | 71.25 | 67.08 |
| Oct 2024 | 44.12 | 41.56 |
| Sep 2024 | 39.54 | 37.2 |
| Aug 2024 | 33.51 | 31.48 |
| Jul 2024 | 28.65 | 26.89 |
| Jun 2024 | 27.02 | 25.33 |
| May 2024 | 23.13 | 21.68 |
| Apr 2024 | 23.48 | 21.97 |
| Mar 2024 | 24.69 | 23.01 |
| Feb 2024 | 27.08 | 25.08 |
| Jan 2024 | 17.48 | 16.09 |
| Dec 2023 | 18.76 | 17.17 |
| Nov 2023 | 21.88 | 20.05 |
| Oct 2023 | 16.12 | 14.8 |
| Sep 2023 | 17.42 | 16 |
| Aug 2023 | 16.35 | 14.98 |
| Jul 2023 | 21.75 | 19.84 |
| Jun 2023 | 16.84 | 15.33 |
| May 2023 | 16.21 | 14.71 |
| Apr 2023 | 8.56 | 7.75 |
| Mar 2023 | 9.38 | 8.45 |
| Feb 2023 | 8.73 | 7.84 |
| Jan 2023 | 8.71 | 7.78 |
| Dec 2022 | 7.25 | 6.42 |
| Nov 2022 | 8.44 | 7.5 |
| Oct 2022 | 9.88 | 8.79 |
| Sep 2022 | 9.18 | 8.13 |
| Aug 2022 | 8.74 | 7.72 |
| Jul 2022 | 11.71 | 10.35 |
| Jun 2022 | 10.26 | 9.07 |
| May 2022 | 9.95 | 8.68 |
| Apr 2022 | 12.06 | 10.4 |
| Mar 2022 | 16 | 13.73 |
| Feb 2022 | 14 | 11.85 |
| Jan 2022 | 16.34 | 13.71 |
| Dec 2021 | 21.89 | 18.21 |
| Nov 2021 | 24.9 | 20.65 |
| Oct 2021 | 31.36 | 25.88 |
| Sep 2021 | 29.37 | 24.04 |
| Aug 2021 | 32.27 | 26.34 |
| Jul 2021 | 26.65 | 21.71 |
| Jun 2021 | 32.51 | 26.36 |
| May 2021 | 28.57 | 22.95 |
| Apr 2021 | 28.91 | 23.04 |
| Mar 2021 | 29.47 | 23.29 |
| Feb 2021 | 30.45 | 23.9 |
| Jan 2021 | 45.07 | 35.18 |
| Dec 2020 | 30.3 | 23.55 |
| Nov 2020 | 34.91 | 27.11 |
| Oct 2020 | 13.04 | 10.13 |
| Sep 2020 | 12.23 | 9.5 |
How much did an investment in Palantir really grow each year after accounting for inflation? The following chart contains the inflation-adjusted real annual percentage returns.
The table below shows the returns for Palantir stock by year, both inflation-adjusted and nominal. You can sort any column by clicking on the header.
| Year | Inflation-Adjusted Return | Nominal Return |
|---|---|---|
| 2024 | 328.11% | 340.48% |
| 2023 | 158.77% | 167.45% |
| 2022 | -66.88% | -64.74% |
| 2021 | -27.76% | -22.68% |
Annualized returns show the average rate of growth per year, making it easier to compare performance across different time periods. While nominal returns indicate the headline growth, adjusting for inflation reveals the actual change in purchasing power.
This table presents both nominal and inflation-adjusted average annual returns for Palantir over various trailing periods ending May 31, 2026, offering a clearer view of long-term, real investment performance.
| Period | Avg. Annual Return (Inflation-Adjusted) | Avg. Annual Return (Nominal) |
|---|---|---|
| Last 1 year | 13.95% | 18.79% |
| Last 3 years | 112.95% | 119.96% |
| Last 5 years | 40.52% | 46.81% |
The chart and table below show the nominal and inflation-adjusted value of a hypothetical $100 investment over various long-term historical periods, ending in September 2025.
The inflation-adjusted line, in green, represents the real increase in purchasing power for the initial investment. Observe the gap between both lines, which illustrates the cumulative effect of inflation over time.
Even over just five years, inflation takes a noticeable bite out of investments. Investing $100 in the Palantir five years ago yielded an 663.26% nominal gain, but the real return (the actual increase in buying power) was 518.07%.
As investment periods get longer, the difference between reported nominal returns and the inflation-adjusted gains usually becomes much greater due to the compounding effect of inflation over time.
| Investment Period | What $100 Grew To (Nominal) | Total Nominal Return (%) | Total Inflation-Adjusted Return (%) |
|---|---|---|---|
| Last 5 years Feb 2021 - Sep 2025 | $763.26 | 663.26% | 518.07% |
As a software and data analytics company, Palantir experiences relatively low direct exposure to inflation compared to capital-intensive or manufacturing businesses.
Palantir employs several strategies to mitigate inflation's impact on its business. The company emphasizes high-value, mission-critical software solutions that maintain strong demand even during inflationary periods, as they often help clients achieve operational efficiencies that offset rising costs elsewhere.
Additionally, Palantir's contracts with commercial clients frequently include provisions for annual price adjustments, helping to offset inflationary pressures over time. The company's asset-light business model, with limited physical infrastructure requirements, also provides natural insulation against many traditional inflation-sensitive costs like raw materials and energy.
Palantir Technologies Inc. is a software company founded in 2003 that specializes in building enterprise data platforms for organizations with complex and sensitive data environments.
The company offers two primary software platforms: Palantir Gotham, which is primarily used by government agencies for defense and intelligence analysis, and Palantir Foundry, designed for commercial enterprises across industries including energy, manufacturing, healthcare, and financial services. Both platforms enable organizations to integrate disparate data sources, analyze information, and operationalize insights.
Headquartered in Denver, Colorado, Palantir went public in September 2020 through a direct listing on the New York Stock Exchange. The company has been known for its work with government agencies but has increasingly expanded its commercial business in recent years.
| Last Close Jun 16, 2026 | 133.25 |
|---|---|
| Highest Nov 3, 2025 | 207.18 |
| Highest, Inflation-Adjusted Nov 3, 2025 | 214.21 |
| Annualized return Since Sep 30, 2020 | 58.81% |
| Annualized return, Inflation-Adjusted Since Sep 30, 2020 | 51.93% |
More in Stocks
Other Inflation-Adjusted Data