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| Date | Value |
|---|---|
| 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 |