Palo Alto Networks (PANW) Cash & Equivalents (2011 - 2026)
Palo Alto Networks' Cash & Equivalents was $2.51 billion in fiscal Q4 2026 (quarter ended Jul 31, 2026), up 10.8% from $2.27 billion a year earlier and up 6.3% from the prior quarter.
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Analysis
Palo Alto Networks (PANW) Cash & Equivalents (2011 - 2026) Analysis & Trends
From fiscal Q1 2012 onward, Palo Alto Networks has reported Cash & Equivalents for 60 quarters.
- Cash & Equivalents has now increased for three consecutive fiscal years, with a five-year compound annual growth rate of 6.0% (FY2021 to FY2026).
- In earlier fiscal years, Cash & Equivalents was $2.27 billion in FY2025 (+47.8%), $1.54 billion in FY2024 (+35.2%), $1.14 billion in FY2023 (-46.4%) and $2.12 billion in FY2022 (+13.0%).
- Quarterly Cash & Equivalents has moved between $1.14 billion (fiscal Q4 2023) and $4.16 billion (fiscal Q2 2026) over five years.
- Compared with a year earlier, Cash & Equivalents was higher in six of the last eight quarters, with growth averaging 33.6%.
- The best year-over-year quarter for Cash & Equivalents over five years was fiscal Q2 2026 (growth of 86.8%); the worst was fiscal Q4 2023 (a decline of 46.4%).
- Per Business Quant data, PANW's Cash & Equivalents in the three fiscal quarters before Q4 2026 was $2.36 billion (Q3 2026), $4.16 billion (Q2 2026) and $3.07 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 2.51 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 5.01 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 2.93 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 1.71 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 434.96 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 597.70 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 763.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | 928.35 Mn |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 3.61 Bn |
| 10 | MongoDB | 26.96 Bn | 17.43 Bn | 569.77 Mn | 1.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.51 Bn |
| Apr 30, 2026 | 2.36 Bn |
| Jan 31, 2026 | 4.16 Bn |
| Oct 31, 2025 | 3.07 Bn |
| Jul 31, 2025 | 2.27 Bn |
| Apr 30, 2025 | 2.38 Bn |
| Jan 31, 2025 | 2.23 Bn |
| Oct 31, 2024 | 2.28 Bn |
| Jul 31, 2024 | 1.54 Bn |
| Apr 30, 2024 | 1.37 Bn |
| Jan 31, 2024 | 1.78 Bn |
| Oct 31, 2023 | 2.49 Bn |
| Jul 31, 2023 | 1.14 Bn |
| Apr 30, 2023 | 1.99 Bn |
| Jan 31, 2023 | 1.35 Bn |
| Oct 31, 2022 | 2.07 Bn |
| Jul 31, 2022 | 2.12 Bn |
| Apr 30, 2022 | 2.42 Bn |
| Jan 31, 2022 | 1.92 Bn |
| Oct 31, 2021 | 2.27 Bn |
API Access
Palo Alto Networks Cash & Equivalents 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=cash-and-equivalents&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();