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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 21.08 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | -11.00 Mn |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 72.83 Mn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 423.00 Mn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | -29.90 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 47.02 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 128.65 Mn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 435.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | - |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | -27.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 423.00 Mn |
| Apr 30, 2026 | 423.00 Mn |
| 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 |