Palo Alto Networks (PANW) Change in Receivables (2011 - 2026)
Palo Alto Networks' (PANW) quarterly Change in Receivables came in at $758.0 million in Q1 2026, up 108.82% year-on-year from $363.0 million in Q1 2025, and up 146.73% quarter-over-quarter from -$1.6 billion in Q4 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.
- On a quarterly basis, Change in Receivables rose 108.82% year-over-year to $758.0 million in Q1 2026; TTM through Jan 2026 was $604.3 million, a 250.81% increase from a year earlier, with the FY2025 full-year figure at $345.3 million, up 123.78% from the prior year.
- Change in Receivables rose to $758.0 million in Q1 2026 per PANW's latest filing, from -$1.6 billion in the prior quarter.
- Across five years, Change in Receivables topped out at $1.0 billion in Q3 2023 and bottomed 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.
- Biggest YoY gain for Change in Receivables was 1111.56% in 2024; the steepest drop was 209.44% in 2024.
- Year by year, Change in Receivables stood at -$904.4 million in 2022, then declined by 16.12% to -$1.1 billion in 2023, then slumped 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.
- Per Business Quant, the three latest PANW Change in Receivables figures stand at $758.0 million (Q1 2026), -$1.6 billion (Q4 2025), and $1.0 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 4.71 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | -234.16 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | -11.00 Mn |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | - |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | 360.97 Mn |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 758.00 Mn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 348.72 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | -205.20 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | -1.40 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 128.65 Mn |
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 |