Palo Alto Networks (PANW) Change in Receivables (2011 - 2026)

Palo Alto Networks (PANW) recorded quarterly Change in Receivables of $758.0 million in Q1 2026, up 146.73% quarter-over-quarter from -$1.6 billion in Q4 2025, and up 108.82% on a YoY basis from $363.0 million in Q1 2025.

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

Palo Alto Networks' Change in Receivables history runs 16 years deep, the most recent figure standing at $758.0 million for Q1 2026.

  • In Q1 2026, Change in Receivables rose 108.82% year-over-year to $758.0 million; the TTM figure through Jan 2026 stood at $604.3 million (up 250.81% YoY), while the FY2025 annual figure was $345.3 million, up 123.78% from the prior year.
  • Change in Receivables was $758.0 million for Q1 2026 at Palo Alto Networks, up from -$1.6 billion in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $1.0 billion in Q3 2023 to a low of -$1.6 billion in Q4 2025.
  • Historically, Change in Receivables has averaged $75.7 million across 5 years, with a median of $288.4 million in 2022.
  • Biggest YoY gain for Change in Receivables was 1111.56% in 2024; the steepest drop was 209.44% in 2024.
  • A 5-year view of Change in Receivables shows it stood at -$904.4 million in 2022, then declined by 16.12% to -$1.1 billion in 2023, then plunged by 41.5% to -$1.5 billion in 2024, then slipped by 9.15% to -$1.6 billion in 2025, then surged by 146.73% to $758.0 million in 2026.
  • The last three Change in Receivables figures came in at $758.0 million (Q1 2026), -$1.6 billion (Q4 2025), and $1.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 4.71 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 2.01 Bn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 1.30 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 360.97 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 758.00 Mn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 348.72 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn -205.20 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 128.65 Mn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -1.40 Mn
10 CoreWeave 51.85 Bn 49.58 Bn 2.01 Bn -1.04 Bn

Historic Data

Download Data
DateValue
Jan 31, 2026 758.00 Mn
Jan 31, 2026 758.00 Mn
Oct 31, 2025 -1.62 Bn
Oct 31, 2025 -1.62 Bn
Jul 31, 2025 1.01 Bn
Jul 31, 2025 1.01 Bn
Apr 30, 2025 454.40 Mn
Apr 30, 2025 454.40 Mn
Jan 31, 2025 363.00 Mn
Jan 31, 2025 363.00 Mn
Oct 31, 2024 -1.49 Bn
Oct 31, 2024 -1.49 Bn
Jul 31, 2024 903.20 Mn
Jul 31, 2024 903.20 Mn
Apr 30, 2024 -180.90 Mn
Apr 30, 2024 -180.90 Mn
Jan 31, 2024 482.20 Mn
Jan 31, 2024 482.20 Mn
Oct 31, 2023 -1.05 Bn
Oct 31, 2023 -1.05 Bn