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

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

  • In Q1 2026, Accumulated Expenses rose 14.32% year-over-year to $562.0 million; the TTM figure through Jan 2026 stood at $562.0 million (up 14.32% YoY), while the FY2025 annual figure was $846.0 million, up 66.96% from the prior year.
  • Accumulated Expenses was $562.0 million for Q1 2026 at Palo Alto Networks, up from $398.0 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $846.0 million in Q3 2025 to a low of $268.9 million in Q4 2022.
  • Historically, Accumulated Expenses has averaged $454.3 million across 5 years, with a median of $398.0 million in 2025.
  • The sharpest annual moves came in 2024 and 2025: Accumulated Expenses surged 106.13% in 2024, then slumped 41.74% in 2025.
  • A 5-year view of Accumulated Expenses shows it 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 plunged by 41.74% to $398.0 million in 2025, then jumped by 41.21% to $562.0 million in 2026.
  • The last three Accumulated Expenses figures came in at $562.0 million (Q1 2026), $398.0 million (Q4 2025), and $846.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn
10 CoreWeave 51.85 Bn 49.58 Bn 2.01 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