Palo Alto Networks (PANW) Assets (2012 - 2026)
Palo Alto Networks' Assets was $48.46 billion in fiscal Q4 2026 (quarter ended Jul 31, 2026), up 105.5% from $23.58 billion a year earlier and up 4.7% from the prior quarter.
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Analysis
Palo Alto Networks (PANW) Assets (2012 - 2026) Analysis & Trends
From fiscal Q4 2012 onward, Palo Alto Networks has reported Assets for 57 quarters.
- Assets has now increased for 14 consecutive fiscal years, with a five-year compound annual growth rate of 36.5% (FY2021 to FY2026).
- In earlier fiscal years, Assets was $23.58 billion in FY2025 (+17.9%), $19.99 billion in FY2024 (+37.9%), $14.5 billion in FY2023 (+18.3%) and $12.25 billion in FY2022 (+19.6%).
- The fiscal Q4 2026 figure marks the highest quarterly Assets in data going back to fiscal Q4 2012.
- Compared with a year earlier, Assets has increased for 53 straight quarters, with growth averaging 42.9% over the last eight quarters.
- Across the past five years, year-over-year growth in Assets ran from 9.6% in fiscal Q2 2022 to 110.3% in fiscal Q3 2026.
- Per Business Quant data, PANW's Assets in the three fiscal quarters before Q4 2026 was $46.27 billion (Q3 2026), $24.98 billion (Q2 2026) and $23.54 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.72 Bn | 249.79 Bn | 2.30 Bn | 48.46 Bn |
| 2 | CrowdStrike Holdings | 238.73 Bn | 219.14 Bn | 1.10 Bn | 12.03 Bn |
| 3 | Fortinet | 127.27 Bn | 113.20 Bn | 1.64 Bn | 10.86 Bn |
| 4 | Snowflake | 110.23 Bn | 97.55 Bn | 1.04 Bn | 8.69 Bn |
| 5 | Datadog | 89.17 Bn | 70.81 Bn | 881.34 Mn | 7.55 Bn |
| 6 | Zscaler | 33.92 Bn | 20.04 Bn | - | 7.87 Bn |
| 7 | Okta | 33.82 Bn | 23.92 Bn | 641.00 Mn | 9.14 Bn |
| 8 | Axon Enterprise | 33.04 Bn | 27.56 Bn | 546.45 Mn | 7.48 Bn |
| 9 | MongoDB | 27.87 Bn | 18.34 Bn | 569.77 Mn | 3.78 Bn |
| 10 | F5 | 25.05 Bn | 19.46 Bn | 711.51 Mn | 6.83 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 48.46 Bn |
| Apr 30, 2026 | 46.27 Bn |
| Jan 31, 2026 | 24.98 Bn |
| Oct 31, 2025 | 23.54 Bn |
| Jul 31, 2025 | 23.58 Bn |
| Apr 30, 2025 | 22.00 Bn |
| Jan 31, 2025 | 20.95 Bn |
| Oct 31, 2024 | 20.37 Bn |
| Jul 31, 2024 | 19.99 Bn |
| Apr 30, 2024 | 17.93 Bn |
| Jan 31, 2024 | 18.29 Bn |
| Oct 31, 2023 | 14.81 Bn |
| Jul 31, 2023 | 14.50 Bn |
| Apr 30, 2023 | 14.17 Bn |
| Jan 31, 2023 | 13.16 Bn |
| Oct 31, 2022 | 12.54 Bn |
| Jul 31, 2022 | 12.25 Bn |
| Apr 30, 2022 | 11.10 Bn |
| Jan 31, 2022 | 10.40 Bn |
| Oct 31, 2021 | 10.43 Bn |
API Access
Palo Alto Networks Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets", "ticker": "PANW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();