Palantir (PLTR) Stock Inflation-Adjusted

The current value of Palantir stock is 148.58 (as of the close of Jul 15, 2025), 0.38% lower than the all-time high of 149.15 (Jul 14, 2025).

Since September 30, 2020, the inflation-adjusted total return for the stock has been 1,162%, which is equivalent to an annual growth rate of 69.8%.

In nominal values, the total return since this date has been 1,464%, or an annualized rate of 77.58%.

Inflation & Palantir's Business Model

As a software and data analytics company, Palantir experiences relatively low direct exposure to inflation compared to capital-intensive or manufacturing businesses.

• Talent Costs: Software engineering and data science talent represents Palantir's primary operational expense. Wage inflation in the technology sector, particularly for specialized AI and data science professionals, directly impacts the company's cost structure and margins.
• Cloud Infrastructure: While Palantir utilizes significant computing resources to power its data platforms, its flexible infrastructure model allows it to optimize costs in response to changing market conditions, including inflationary pressures on computing resources.
• Long-Term Contracts: Palantir typically secures multi-year contracts with government agencies and large enterprises. These agreements often include fixed pricing structures that can limit the company's ability to pass through inflation-related cost increases in the short term.

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.