Palo Alto Networks (PANW) Change in Cash (2011 - 2026)
Palo Alto Networks' (PANW) quarterly Change in Cash came in at $149.0 million in Q3 2026, up 228.45% year-over-year from $45.4 million in Q3 2025, and up 108.31% on a QoQ basis from -$1.8 billion in Q2 2026.
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Analysis
Palo Alto Networks (PANW) Change in Cash (2011 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 16 years of Change in Cash data on file, last reported at $149.0 million in Q3 2026.
- On a quarterly basis, Change in Cash rose 228.45% year-over-year to $149.0 million in Q3 2026; TTM through Jul 2026 was $244.0 million, a 66.67% decrease from a year earlier, with the FY2026 full-year figure at $244.0 million, down 66.67% from the prior year.
- Change in Cash for Q3 2026 stood at $149.0 million, up from -$1.8 billion in the prior quarter.
- Across five years, Change in Cash topped out at $1.4 billion in Q4 2023 and bottomed at -$1.8 billion in Q2 2026.
- Historically, Change in Cash has averaged $12.9 million across 5 years, with a median of -$52.0 million in 2022.
- The widest annual swing landed in 2022, when Change in Cash tumbled 2371.31%; it then surged 2706.15% in 2023.
- Year by year, Change in Cash stood at -$52.0 million in 2022, then surged by 2706.15% to $1.4 billion in 2023, then slumped by 44.95% to $746.0 million in 2024, then gained by 6.7% to $796.0 million in 2025, then plunged by 81.28% to $149.0 million in 2026.
- Per Business Quant data, the three most recent Change in Cash figures were $149.0 million in Q3 2026, -$1.8 billion in Q2 2026, and $1.1 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | 149.00 Mn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 460.94 Mn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 711.10 Mn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | -376.99 Mn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 8.60 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 138.47 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | -33.95 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 1.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | -860.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 149.00 Mn |
| Apr 30, 2026 | -1.79 Bn |
| Jan 31, 2026 | 1.09 Bn |
| Oct 31, 2025 | 796.00 Mn |
| Jul 31, 2025 | -116.00 Mn |
| Apr 30, 2025 | 158.00 Mn |
| Jan 31, 2025 | -56.00 Mn |
| Oct 31, 2024 | 746.00 Mn |
| Jul 31, 2024 | 165.30 Mn |
| Apr 30, 2024 | -407.40 Mn |
| Jan 31, 2024 | -708.10 Mn |
| Oct 31, 2023 | 1.36 Bn |
| Jul 31, 2023 | -858.10 Mn |
| Apr 30, 2023 | 648.20 Mn |
| Jan 31, 2023 | -720.70 Mn |
| Oct 31, 2022 | -52.00 Mn |
| Jul 31, 2022 | -301.50 Mn |
| Apr 30, 2022 | 498.70 Mn |
| Jan 31, 2022 | -350.20 Mn |
| Oct 31, 2021 | 397.70 Mn |
API Access
Palo Alto Networks Change in Cash 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-cash&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-cash", "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-cash&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();