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

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

• On a quarterly basis, Accumulated Expenses rose 20.5% year-over-year to $937.0 million in Q1 2026; TTM through Jan 2026 was $937.0 million, a 20.5% increase from a year earlier, with the FY2025 full-year figure at $608.0 million, up 19.99% from the prior year.
• Accumulated Expenses rose to $937.0 million in Q1 2026 per PANW's latest filing, from $665.0 million in the prior quarter.
• Across five years, Accumulated Expenses topped out at $937.0 million in Q1 2026 and bottomed 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.
• Across the five-year window, Accumulated Expenses dropped 12.88% in 2023 and surged 113.68% in 2025, its largest moves.
• Year by year, Accumulated Expenses stood at $380.4 million in 2022, then slipped by 12.88% to $331.4 million in 2023, then increased by 6.97% to $354.5 million in 2024, then surged by 87.59% to $665.0 million in 2025, then soared by 40.9% to $937.0 million in 2026.
• Per Business Quant, the three latest PANW Accumulated Expenses figures stand at $937.0 million (Q1 2026), $665.0 million (Q4 2025), and $608.0 million (Q3 2025).