Palo Alto Networks PANW
NASDAQ PANW
$374.74 -15.18 (-3.89%)
At close: Sep 25, 2026 · 4:00 PM EDT

Palo Alto Networks (PANW) Change in Accured Expenses (2011 - 2026)

Palo Alto Networks' (PANW) quarterly Change in Accured Expenses came in at $369.0 million in Q3 2026, up 88.27% year-over-year from $196.0 million in Q3 2025, and up 7280.0% on a QoQ basis from $5.0 million in Q2 2026.

Analysis

Palo Alto Networks (PANW) Change in Accured Expenses (2011 - 2026) Analysis & Trends

Palo Alto Networks (PANW) has 16 years of Change in Accured Expenses data on file, last reported at $369.0 million in Q3 2026.

  • On a quarterly basis, Change in Accured Expenses rose 88.27% year-over-year to $369.0 million in Q3 2026; TTM through Jul 2026 was $327.0 million, a 122.45% increase from a year earlier, with the FY2026 full-year figure at $327.0 million, up 122.45% from the prior year.
  • Change in Accured Expenses for Q3 2026 stood at $369.0 million, up from $5.0 million in the prior quarter.
  • Across five years, Change in Accured Expenses topped out at $416.7 million in Q1 2024 and bottomed at -$216.9 million in Q4 2023.
  • Historically, Change in Accured Expenses has averaged $56.8 million across 5 years, with a median of $35.4 million in 2022.
  • The largest YoY upside for Change in Accured Expenses was 893.17% in 2023 against a maximum downside of 114.97% in 2023.
  • Year by year, Change in Accured Expenses stood at -$192.3 million in 2022, then declined by 12.79% to -$216.9 million in 2023, then grew by 7.33% to -$201.0 million in 2024, then retreated by 4.48% to -$210.0 million in 2025, then surged by 275.71% to $369.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Accured Expenses figures were $369.0 million in Q3 2026, $5.0 million in Q2 2026, and $163.0 million in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Accured Exp. (Qtr)
1 Palo Alto Networks 320.54 Bn 317.47 Bn 2.30 Bn 369.00 Mn
2 CrowdStrike Holdings 268.77 Bn 263.80 Bn 1.10 Bn 72.38 Mn
3 Fortinet 131.12 Bn 127.05 Bn 1.64 Bn 75.10 Mn
4 Snowflake 118.02 Bn 115.67 Bn 1.04 Bn 108.85 Mn
5 Datadog 90.27 Bn 85.29 Bn 881.34 Mn 6.98 Mn
6 Axon Enterprise 36.61 Bn 35.93 Bn 546.45 Mn 256.58 Mn
7 Zscaler 34.97 Bn 31.49 Bn - -
8 MongoDB 34.51 Bn 32.10 Bn 569.77 Mn 43.09 Mn
9 Okta 34.32 Bn 32.02 Bn 641.00 Mn -2.00 Mn
10 Baidu 30.55 Bn 8.15 Bn 1.76 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 369.00 Mn
Apr 30, 2026 5.00 Mn
Jan 31, 2026 163.00 Mn
Oct 31, 2025 -210.00 Mn
Jul 31, 2025 196.00 Mn
Apr 30, 2025 14.00 Mn
Jan 31, 2025 138.00 Mn
Oct 31, 2024 -201.00 Mn
Jul 31, 2024 157.60 Mn
Apr 30, 2024 27.60 Mn
Jan 31, 2024 416.70 Mn
Oct 31, 2023 -216.90 Mn
Jul 31, 2023 203.60 Mn
Apr 30, 2023 -5.30 Mn
Jan 31, 2023 78.40 Mn
Oct 31, 2022 -192.30 Mn
Jul 31, 2022 20.50 Mn
Apr 30, 2022 35.40 Mn
Jan 31, 2022 79.00 Mn
Oct 31, 2021 -179.80 Mn
API Access

Palo Alto Networks Change in Accured Expenses API

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