Palo Alto Networks (PANW) Capital Expenditures (2011 - 2026)

Palo Alto Networks' Capital Expenditures history runs 16 years deep, the most recent figure standing at $170.0 million for Q1 2026.

• On a quarterly basis, Capital Expenditures rose 254.17% year-over-year to $170.0 million in Q1 2026; TTM through Jan 2026 was $408.2 million, a 130.88% increase from a year earlier, with the FY2025 full-year figure at $246.2 million, up 57.02% from the prior year.
• Capital Expenditures grew to $170.0 million in Q1 2026 per PANW's latest filing, from $84.0 million in the prior quarter.
• Across five years, Capital Expenditures topped out at $170.0 million in Q1 2026 and bottomed at $31.2 million in Q2 2023.
• The 5-year median for Capital Expenditures is $39.6 million (2022), against an average of $56.6 million.
• Across the five-year window, Capital Expenditures slumped 52.54% in 2023 and jumped 254.17% in 2026, its largest moves.
• Year by year, Capital Expenditures stood at $39.6 million in 2022, then decreased by 7.07% to $36.8 million in 2023, then rose by 19.57% to $44.0 million in 2024, then surged by 90.91% to $84.0 million in 2025, then soared by 102.38% to $170.0 million in 2026.
• Per Business Quant, the three latest PANW Capital Expenditures figures stand at $170.0 million (Q1 2026), $84.0 million (Q4 2025), and $86.3 million (Q3 2025).