Palo Alto Networks (PANW) Change in Other Operating Liabilities (2011 - 2026)
Palo Alto Networks (PANW) recorded Change in Other Operating Liabilities of $1.15 billion in fiscal Q4 2026 (quarter ended Jul 31, 2026), down 2.2% from $1.18 billion a year earlier but up 189.4% from the prior quarter.
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Analysis
Palo Alto Networks (PANW) Change in Other Operating Liabilities (2011 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks reported Change in Other Operating Liabilities of $1.2 billion, down 3.0% from FY2025.
- Annual Change in Other Operating Liabilities has declined for three straight fiscal years, though with a five-year compound annual growth rate of 0.1% (FY2021 to FY2026).
- Across earlier fiscal years, Change in Other Operating Liabilities came in at $1.24 billion in FY2025 (-43.2%), $2.18 billion in FY2024 (-5.3%), $2.3 billion in FY2023 (+16.8%) and $1.97 billion in FY2022 (+64.7%).
- Quarterly Change in Other Operating Liabilities has ranged from -$522 million in fiscal Q1 2026 to $1.31 billion in fiscal Q4 2024 over the past five years.
- On a year-over-year basis, Change in Other Operating Liabilities rose in two of the last six quarters, with an average decline of 7.5%.
- Peak year-over-year performance for Change in Other Operating Liabilities in the last five years was growth of 93.0% in fiscal Q3 2022, against a decline of 54.6% in fiscal Q2 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $397 million (Q3 2026), $178 million (Q2 2026) and -$522 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Liabilities Change (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 256.46 Bn | 241.53 Bn | 2.30 Bn | 1.15 Bn |
| 2 | CrowdStrike Holdings | 222.40 Bn | 202.84 Bn | 1.10 Bn | 115.11 Mn |
| 3 | Snowflake | 94.80 Bn | 82.11 Bn | 1.04 Bn | -301.26 Mn |
| 4 | Fortinet | 90.00 Bn | 74.25 Bn | 1.64 Bn | 257.90 Mn |
| 5 | Datadog | 63.03 Bn | 43.58 Bn | 959.92 Mn | -37.34 Mn |
| 6 | Zscaler | 33.24 Bn | 19.40 Bn | 689.22 Mn | 445.78 Mn |
| 7 | Axon Enterprise | 31.08 Bn | 25.60 Bn | 546.45 Mn | 4.96 Mn |
| 8 | Okta | 28.61 Bn | 18.70 Bn | 641.00 Mn | -39.00 Mn |
| 9 | Baidu | 27.04 Bn | -46.40 Bn | 1.76 Mn | - |
| 10 | MongoDB | 24.54 Bn | 15.01 Bn | 569.77 Mn | 12.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.15 Bn |
| Apr 30, 2026 | 397.00 Mn |
| Jan 31, 2026 | 178.00 Mn |
| Oct 31, 2025 | -522.00 Mn |
| Jul 31, 2025 | 1.18 Bn |
| Apr 30, 2025 | 311.00 Mn |
| Jan 31, 2025 | 169.00 Mn |
| Oct 31, 2024 | -416.00 Mn |
| Jul 31, 2024 | 1.31 Bn |
| Apr 30, 2024 | 349.20 Mn |
| Jan 31, 2024 | 372.10 Mn |
| Oct 31, 2023 | 146.40 Mn |
| Jul 31, 2023 | 1.21 Bn |
| Apr 30, 2023 | 535.30 Mn |
| Jan 31, 2023 | 374.00 Mn |
| Oct 31, 2022 | 185.60 Mn |
| Jul 31, 2022 | 1.13 Bn |
| Apr 30, 2022 | 410.20 Mn |
| Jan 31, 2022 | 291.00 Mn |
| Oct 31, 2021 | 134.20 Mn |
API Access
Palo Alto Networks Change in Other Operating Liabilities 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-liabilities&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-other-operating-liabilities", "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-liabilities&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();