Palo Alto Networks (PANW) Capital Expenditures (2016 - 2025)
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.
Palo Alto Networks' Capital Expenditures history spans 15 years, with the latest figure at $246.2 million for FY2025.
- Capital Expenditures came in at $246.2 million for FY2025, up from $156.8 million in the prior year.
- In the past five years, Capital Expenditures ranged from a high of $246.2 million in FY2025 to a low of $116.0 million in FY2021.
- The 5-year median for Capital Expenditures is $156.8 million (2024), against an average of $171.6 million.
- Year-over-year, Capital Expenditures plummeted 45.9% in 2021 and then surged 66.21% in 2022.
- Palo Alto Networks' Capital Expenditures stood at $116.0 million in 2021, then soared by 66.21% to $192.8 million in 2022, then dropped by 24.12% to $146.3 million in 2023, then rose by 7.18% to $156.8 million in 2024, then skyrocketed by 57.02% to $246.2 million in 2025.
- Per Business Quant, the three most recent readings for PANW's Capital Expenditures are $246.2 million (FY2025), $156.8 million (FY2024), and $146.3 million (FY2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Yr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,115.84 Bn | 3,037.57 Bn | 56.06 Bn | - |
| 2 | Oracle | 544.25 Bn | 505.67 Bn | 15.14 Bn | - |
| 3 | Palantir Technologies | 328.85 Bn | 320.93 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 175.67 Bn | 171.13 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 162.44 Bn | 159.38 Bn | 993.68 Mn | 302.11 Mn |
| 6 | Fortinet | 95.68 Bn | 92.39 Bn | 1.49 Bn | - |
| 7 | Synopsys | 95.66 Bn | 95.54 Bn | 1.77 Bn | - |
| 8 | Cloudflare | 74.88 Bn | 73.94 Bn | 455.60 Mn | - |
| 9 | CoreWeave | 56.29 Bn | 54.02 Bn | 2.01 Bn | - |
| 10 | Block | 40.97 Bn | 34.07 Bn | 2.91 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 31, 2025 | 246.20 Mn |
| Jul 31, 2025 | 246.20 Mn |
| Jul 31, 2024 | 156.80 Mn |
| Jul 31, 2024 | 156.80 Mn |
| Jul 31, 2023 | 146.30 Mn |
| Jul 31, 2023 | 146.30 Mn |
| Jul 31, 2022 | 192.80 Mn |
| Jul 31, 2022 | 192.80 Mn |
| Jul 31, 2021 | 116.00 Mn |
| Jul 31, 2021 | 116.00 Mn |
| Jul 31, 2020 | 214.40 Mn |
| Jul 31, 2020 | 214.40 Mn |
| Jul 31, 2019 | 131.20 Mn |
| Jul 31, 2019 | 131.20 Mn |
| Jul 31, 2018 | 112.00 Mn |
| Jul 31, 2018 | 112.00 Mn |
| Jul 31, 2017 | 163.40 Mn |
| Jul 31, 2017 | 163.40 Mn |
| Jul 31, 2016 | 72.50 Mn |
| Jul 31, 2016 | 72.50 Mn |