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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 760.00 Mn |
| Jan 31, 2026 | 937.00 Mn |
| Oct 31, 2025 | 665.00 Mn |
| Jul 31, 2025 | 608.00 Mn |
| Apr 30, 2025 | 824.60 Mn |
| Jan 31, 2025 | 777.60 Mn |
| Oct 31, 2024 | 354.50 Mn |
| Jul 31, 2024 | 506.70 Mn |
| Apr 30, 2024 | 385.90 Mn |
| Jan 31, 2024 | 394.20 Mn |
| Oct 31, 2023 | 331.40 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 | 399.20 Mn |
| Apr 30, 2022 | 375.40 Mn |
| Jan 31, 2022 | 329.90 Mn |
| Oct 31, 2021 | 250.80 Mn |
| Jul 31, 2021 | 329.40 Mn |