Palo Alto Networks PANW
NASDAQ PANW
$333.26 +1.32 (+0.40%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

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

Analysis

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 for Q1 2026 stood at $758.0 million, up from -$1.6 billion in the prior quarter.
  • The five-year high for Change in Receivables was $1.0 billion in Q3 2023, with the low at -$1.6 billion in Q4 2025.
  • The 5-year median for Change in Receivables is $288.4 million (2022), against an average of $75.7 million.
  • Peak annual rise in Change in Receivables reached 1111.56% in 2024, while the deepest fall reached 209.44% in 2024.
  • Palo Alto Networks' Change in Receivables stood at -$904.4 million in 2022, then dropped by 16.12% to -$1.1 billion in 2023, then tumbled by 41.5% to -$1.5 billion in 2024, then decreased by 9.15% to -$1.6 billion in 2025, then jumped by 146.73% to $758.0 million in 2026.
  • Business Quant data shows PANW's Change in Receivables at $758.0 million in Q1 2026, -$1.6 billion in Q4 2025, and $1.0 billion in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Microsoft 3,718.29 Bn 3,585.54 Bn 60.48 Bn 21.08 Bn
2 Oracle 452.14 Bn 420.24 Bn - -11.00 Mn
3 Palantir Technologies 418.25 Bn 408.84 Bn 1.64 Bn 72.83 Mn
4 Palo Alto Networks 265.90 Bn 262.79 Bn 2.03 Bn 423.00 Mn
5 CrowdStrike Holdings 217.15 Bn 212.14 Bn 1.10 Bn 104.65 Mn
6 Fortinet 114.54 Bn 110.47 Bn 1.64 Bn -29.90 Mn
7 Cloudflare 98.54 Bn 94.37 Bn 499.52 Mn 47.02 Mn
8 Synopsys 75.44 Bn 71.83 Bn 1.80 Bn -
9 Block 49.56 Bn 43.13 Bn 3.17 Bn -
10 CoreWeave 49.23 Bn 43.69 Bn 1.70 Bn 435.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 423.00 Mn
Jan 31, 2026 758.00 Mn
Oct 31, 2025 -1.62 Bn
Jul 31, 2025 1.01 Bn
Apr 30, 2025 454.00 Mn
Jan 31, 2025 363.00 Mn
Oct 31, 2024 -1.49 Bn
Jul 31, 2024 903.20 Mn
Apr 30, 2024 -180.90 Mn
Jan 31, 2024 482.20 Mn
Oct 31, 2023 -1.05 Bn
Jul 31, 2023 1.02 Bn
Apr 30, 2023 165.30 Mn
Jan 31, 2023 39.80 Mn
Oct 31, 2022 -904.40 Mn
Jul 31, 2022 901.90 Mn
Apr 30, 2022 288.40 Mn
Jan 31, 2022 140.10 Mn
Oct 31, 2021 -428.40 Mn
Jul 31, 2021 473.70 Mn