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

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

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

Palo Alto Networks has disclosed Change in Receivables across 16 years of filings, most recently posting $758.0 million for Q1 2026.

  • Change in Receivables for Q1 2026 came in at $758.0 million, up 108.82% year-over-year; the trailing twelve-month figure through Jan 2026 was $604.3 million (up 250.81% YoY), and the FY2025 annual result was $345.3 million, up 123.78% from the prior year.
  • Change in Receivables came in at $758.0 million for Q1 2026 at Palo Alto Networks, up from -$1.6 billion in the prior quarter.
  • Over the last five years, Change in Receivables for PANW reached as high as $1.0 billion in Q3 2023 and fell as low as -$1.6 billion in Q4 2025.
  • Median Change in Receivables over the past 5 years was $288.4 million (2022), compared with a mean of $75.7 million.
  • On a YoY basis, Change in Receivables climbed as much as 1111.56% in 2024 and fell as far as 209.44% in 2024.
  • Over 5 years, 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 ZenaTech 82,806.72 Bn 82,806.72 Bn - 1.26 Mn
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 4.71 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn 360.97 Mn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn 758.00 Mn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 348.72 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn -11.00 Mn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn -205.20 Mn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn -1.40 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 128.65 Mn

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