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Growth Metrics

Palo Alto Networks (PANW) Capital Expenditures (2016 - 2026)

Palo Alto Networks' Capital Expenditures history spans 16 years, with the latest figure at $170.0 million for Q1 2026.

  • Quarterly Capital Expenditures rose 254.17% to $170.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $408.2 million through Jan 2026, up 130.88% year-over-year, with the annual reading at $246.2 million for FY2025, 57.02% up from the prior year.
  • Capital Expenditures came in at $170.0 million for Q1 2026, up from $84.0 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $170.0 million in Q1 2026 to a low of $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.
  • Year-over-year, Capital Expenditures tumbled 52.54% in 2023 and then skyrocketed 254.17% in 2026.
  • Palo Alto Networks' Capital Expenditures stood at $39.6 million in 2022, then dropped by 7.07% to $36.8 million in 2023, then increased by 19.57% to $44.0 million in 2024, then skyrocketed by 90.91% to $84.0 million in 2025, then surged by 102.38% to $170.0 million in 2026.
  • Per Business Quant, the three most recent readings for PANW's Capital Expenditures are $170.0 million (Q1 2026), $84.0 million (Q4 2025), and $86.3 million (Q3 2025).