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.
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 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
| Date | Value |
|---|---|
| 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 |
Palo Alto Networks Change in Accured Expenses 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=change-in-accured-expenses&ticker=PANW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-accured-expenses", "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=change-in-accured-expenses&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();