Palo Alto Networks (PANW) Capital Expenditures (2011 - 2026)
Palo Alto Networks (PANW) posted quarterly Capital Expenditures of $170.0 million for Q1 2026, up 254.17% year-over-year from $48.0 million in Q1 2025, and up 102.38% quarter-over-quarter from $84.0 million in Q4 2025.
Palo Alto Networks (PANW) Capital Expenditures (2011 - 2026) Analysis & Trends
Palo Alto Networks' Capital Expenditures history runs 16 years deep, the most recent figure standing at $170.0 million for Q1 2026.
- In Q1 2026, Capital Expenditures rose 254.17% year-over-year to $170.0 million; the TTM figure through Jan 2026 stood at $408.2 million (up 130.88% YoY), while the FY2025 annual figure was $246.2 million, up 57.02% from the prior year.
- Capital Expenditures for Q1 2026 stood at $170.0 million, up from $84.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $170.0 million in Q1 2026, with the low 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.
- The sharpest annual moves came in 2023 and 2026: Capital Expenditures sank 52.54% in 2023, then jumped 254.17% in 2026.
- Palo Alto Networks' Capital Expenditures stood at $39.6 million in 2022, then retreated by 7.07% to $36.8 million in 2023, then increased by 19.57% to $44.0 million in 2024, then jumped by 90.91% to $84.0 million in 2025, then surged by 102.38% to $170.0 million in 2026.
- Business Quant data shows PANW's Capital Expenditures at $170.0 million in Q1 2026, $84.0 million in Q4 2025, and $86.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 35.80 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 16.49 Bn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 14.55 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 83.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 78.00 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 49.96 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 81.41 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 6.42 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 8.58 Bn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 50.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 83.00 Mn |
| Apr 30, 2026 | 83.00 Mn |
| Jan 31, 2026 | 170.00 Mn |
| Jan 31, 2026 | 170.00 Mn |
| Oct 31, 2025 | 84.00 Mn |
| Oct 31, 2025 | 84.00 Mn |
| Jul 31, 2025 | 86.30 Mn |
| Jul 31, 2025 | 86.30 Mn |
| Apr 30, 2025 | 67.90 Mn |
| Apr 30, 2025 | 67.90 Mn |
| Jan 31, 2025 | 48.00 Mn |
| Jan 31, 2025 | 48.00 Mn |
| Oct 31, 2024 | 44.00 Mn |
| Oct 31, 2024 | 44.00 Mn |
| Jul 31, 2024 | 47.40 Mn |
| Jul 31, 2024 | 47.40 Mn |
| Apr 30, 2024 | 37.40 Mn |
| Apr 30, 2024 | 37.40 Mn |
| Jan 31, 2024 | 35.20 Mn |
| Jan 31, 2024 | 35.20 Mn |