Palo Alto Networks PANW
NASDAQ PANW
$331.44 -0.50 (-0.15%)
As of: Sep 4, 2026 · 3:31 PM EDT

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

Palo Alto Networks (PANW) posted quarterly Accumulated Expenses of $937.0 million for Q1 2026, up 20.5% year-over-year from $777.6 million in Q1 2025, and up 40.9% quarter-over-quarter from $665.0 million in Q4 2025.

Analysis

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

Palo Alto Networks' Accumulated Expenses history runs 15 years deep, the most recent figure standing at $937.0 million for Q1 2026.

  • In Q1 2026, Accumulated Expenses rose 20.5% year-over-year to $937.0 million; the TTM figure through Jan 2026 stood at $937.0 million (up 20.5% YoY), while the FY2025 annual figure was $608.0 million, up 19.99% from the prior year.
  • Accumulated Expenses for Q1 2026 stood at $937.0 million, up from $665.0 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $937.0 million in Q1 2026, with the low at $329.9 million in Q1 2022.
  • The 5-year median for Accumulated Expenses is $395.1 million (2023), against an average of $505.3 million.
  • The sharpest annual moves came in 2023 and 2025: Accumulated Expenses retreated 12.88% in 2023, then surged 113.68% in 2025.
  • Palo Alto Networks' Accumulated Expenses stood at $380.4 million in 2022, then decreased by 12.88% to $331.4 million in 2023, then grew by 6.97% to $354.5 million in 2024, then jumped by 87.59% to $665.0 million in 2025, then surged by 40.9% to $937.0 million in 2026.
  • Business Quant data shows PANW's Accumulated Expenses at $937.0 million in Q1 2026, $665.0 million in Q4 2025, and $608.0 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,716.25 Bn 3,583.49 Bn 60.48 Bn
2 Oracle 449.86 Bn 417.97 Bn -
3 Palantir Technologies 418.44 Bn 409.04 Bn 1.64 Bn
4 Palo Alto Networks 265.94 Bn 262.83 Bn 2.03 Bn
5 CrowdStrike Holdings 216.62 Bn 211.61 Bn 1.10 Bn
6 Fortinet 114.57 Bn 110.50 Bn 1.64 Bn
7 Cloudflare 98.82 Bn 94.66 Bn 499.52 Mn
8 Synopsys 75.28 Bn 71.67 Bn 1.80 Bn
9 Block 49.75 Bn 43.32 Bn 3.17 Bn
10 CoreWeave 49.14 Bn 43.60 Bn 1.70 Bn
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 760.00 Mn
Jan 31, 2026 937.00 Mn
Oct 31, 2025 665.00 Mn
Jul 31, 2025 846.00 Mn
Apr 30, 2025 824.60 Mn
Jan 31, 2025 777.60 Mn
Oct 31, 2024 683.10 Mn
Jul 31, 2024 554.70 Mn
Apr 30, 2024 412.60 Mn
Jan 31, 2024 452.60 Mn
Oct 31, 2023 371.50 Mn
Jul 31, 2023 548.30 Mn
Apr 30, 2023 376.10 Mn
Jan 31, 2023 395.10 Mn
Oct 31, 2022 380.40 Mn
Jul 31, 2022 461.10 Mn
Apr 30, 2022 375.40 Mn
Jan 31, 2022 329.90 Mn
Oct 31, 2021 324.60 Mn
Jul 31, 2021 430.60 Mn