Palo Alto Networks (PANW) Accumulated Expenses (2012 - 2026)

Palo Alto Networks (PANW) posted Accumulated Expenses of $562.0 million for Q1 2026, up 41.21% on a QoQ basis from $398.0 million in Q4 2025, and up 14.32% year-on-year from $491.6 million in Q1 2025.

Palo Alto Networks (PANW) Accumulated Expenses (2012 - 2026) Analysis & Trends

Palo Alto Networks has disclosed Accumulated Expenses across 15 years of filings, most recently posting $562.0 million for Q1 2026.

  • Accumulated Expenses for Q1 2026 came in at $562.0 million, up 14.32% year-over-year; the trailing twelve-month figure through Jan 2026 was $562.0 million (up 14.32% YoY), and the FY2025 annual result was $846.0 million, up 66.96% from the prior year.
  • Accumulated Expenses came in at $562.0 million for Q1 2026 at Palo Alto Networks, up from $398.0 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for PANW reached as high as $846.0 million in Q3 2025 and fell as low as $268.9 million in Q4 2022.
  • Median Accumulated Expenses over the past 5 years was $398.0 million (2025), compared with a mean of $454.3 million.
  • Year-over-year, Accumulated Expenses soared 106.13% in 2024 and sank 41.74% in 2025.
  • Over 5 years, Accumulated Expenses stood at $268.9 million in 2022, then grew by 23.24% to $331.4 million in 2023, then soared by 106.13% to $683.1 million in 2024, then slumped by 41.74% to $398.0 million in 2025, then jumped by 41.21% to $562.0 million in 2026.
  • Per Business Quant, the three latest PANW Accumulated Expenses figures stand at $562.0 million (Q1 2026), $398.0 million (Q4 2025), and $846.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn -
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn

Historic Data

Download Data
DateValue
Jan 31, 2026 562.00 Mn
Oct 31, 2025 398.00 Mn
Jul 31, 2025 846.00 Mn
Apr 30, 2025 506.20 Mn
Jan 31, 2025 491.60 Mn
Oct 31, 2024 683.10 Mn
Jul 31, 2024 506.70 Mn
Apr 30, 2024 412.60 Mn
Jan 31, 2024 394.20 Mn
Oct 31, 2023 331.40 Mn
Jul 31, 2023 390.80 Mn
Apr 30, 2023 376.10 Mn
Jan 31, 2023 395.10 Mn
Oct 31, 2022 268.90 Mn
Jul 31, 2022 461.10 Mn
Apr 30, 2022 375.40 Mn
Jan 31, 2022 324.00 Mn
Oct 31, 2021 324.60 Mn
Jul 31, 2021 329.40 Mn
Apr 30, 2021 261.50 Mn