Palo Alto Networks (PANW) Change in Other Operating Assets (2011 - 2026)
Palo Alto Networks' Change in Other Operating Assets came in at $477 million for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 130.4% from $207 million a year earlier and up 131.6% from the prior quarter.
Palo Alto Networks (PANW) Change in Other Operating Assets (2011 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks' Change in Other Operating Assets was $934 million, up 100.0% from FY2025.
- Change in Other Operating Assets carries a five-year compound annual growth rate of 14.9% (FY2021 to FY2026).
- Going back by fiscal year, Change in Other Operating Assets was $467 million in FY2025 (-25.2%), $624 million in FY2024 (-11.2%), $702.5 million in FY2023 (+23.5%) and $568.8 million in FY2022 (+21.7%).
- The fiscal Q4 2026 figure represents the highest quarterly Change in Other Operating Assets in data going back to fiscal Q1 2012.
- Year-over-year, Change in Other Operating Assets has increased for four consecutive quarters, with growth averaging 180.0% over the last eight quarters.
- The fastest year-over-year change in Change in Other Operating Assets over five years came in fiscal Q1 2025 (growth of 792.5%), and the weakest in fiscal Q1 2024 (a decline of 89.5%).
- Business Quant data shows PANW's Change in Other Operating Assets at $206 million (Q3 2026), $136 million (Q2 2026) and $115 million (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Assets Change (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 238.20 Bn | 223.28 Bn | 2.30 Bn | 477.00 Mn |
| 2 | CrowdStrike Holdings | 223.68 Bn | 204.08 Bn | 1.10 Bn | 226.16 Mn |
| 3 | Snowflake | 96.75 Bn | 84.07 Bn | 1.04 Bn | 47.42 Mn |
| 4 | Fortinet | 88.08 Bn | 72.34 Bn | 1.64 Bn | 133.70 Mn |
| 5 | Datadog | 65.10 Bn | 45.65 Bn | 959.92 Mn | 51.43 Mn |
| 6 | Zscaler | 32.23 Bn | 18.39 Bn | 689.22 Mn | 126.52 Mn |
| 7 | Okta | 30.29 Bn | 20.38 Bn | 641.00 Mn | -18.00 Mn |
| 8 | Axon Enterprise | 25.54 Bn | 20.07 Bn | 546.45 Mn | 55.21 Mn |
| 9 | MongoDB | 25.08 Bn | 15.54 Bn | 569.77 Mn | 6.99 Mn |
| 10 | Roku | 24.02 Bn | 14.05 Bn | 648.52 Mn | 16.96 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 477.00 Mn |
| Apr 30, 2026 | 206.00 Mn |
| Jan 31, 2026 | 136.00 Mn |
| Oct 31, 2025 | 115.00 Mn |
| Jul 31, 2025 | 207.00 Mn |
| Apr 30, 2025 | 156.00 Mn |
| Jan 31, 2025 | 21.00 Mn |
| Oct 31, 2024 | 83.00 Mn |
| Jul 31, 2024 | 386.00 Mn |
| Apr 30, 2024 | 124.60 Mn |
| Jan 31, 2024 | 104.10 Mn |
| Oct 31, 2023 | 9.30 Mn |
| Jul 31, 2023 | 282.60 Mn |
| Apr 30, 2023 | 188.60 Mn |
| Jan 31, 2023 | 142.50 Mn |
| Oct 31, 2022 | 88.80 Mn |
| Jul 31, 2022 | 212.80 Mn |
| Apr 30, 2022 | 131.90 Mn |
| Jan 31, 2022 | 87.50 Mn |
| Oct 31, 2021 | 136.60 Mn |
Palo Alto Networks Change in Other Operating Assets 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-other-operating-assets&ticker=PANW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-other-operating-assets", "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-other-operating-assets&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();