Palo Alto Networks (PANW) Depreciation & Amortization (CF) (2011 - 2026)
Palo Alto Networks (PANW) recorded Depreciation & Amortization (CF) of $341 million in fiscal Q4 2026 (quarter ended Jul 31, 2026), up 306.0% from $84 million a year earlier and up 2.1% from the prior quarter.
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Palo Alto Networks (PANW) Depreciation & Amortization (CF) (2011 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks reported Depreciation & Amortization (CF) of $855 million, up 149.3% from FY2025.
- Annual Depreciation & Amortization (CF) has increased for three straight fiscal years, with a five-year compound annual growth rate of 26.8% (FY2021 to FY2026).
- Across earlier fiscal years, Depreciation & Amortization (CF) came in at $343 million in FY2025 (+20.8%), $284 million in FY2024 (+0.6%), $282.2 million in FY2023 (-0.1%) and $282.6 million in FY2022 (+8.5%).
- The fiscal Q4 2026 figure is the highest quarterly Depreciation & Amortization (CF) in data going back to fiscal Q1 2012.
- On a year-over-year basis, Depreciation & Amortization (CF) has increased for ten consecutive quarters, with growth averaging 85.2% over the last eight quarters.
- Peak year-over-year performance for Depreciation & Amortization (CF) in the last five years was growth of 306.0% in fiscal Q4 2026, against a decline of 9.1% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $334 million (Q3 2026), $91 million (Q2 2026) and $89 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | 341.00 Mn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | 82.08 Mn |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | 41.40 Mn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | 68.63 Mn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | 19.49 Mn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | 12.00 Mn |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | - |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | 32.46 Mn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | 5.94 Mn |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn | 23.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 341.00 Mn |
| Apr 30, 2026 | 334.00 Mn |
| Jan 31, 2026 | 91.00 Mn |
| Oct 31, 2025 | 89.00 Mn |
| Jul 31, 2025 | 84.00 Mn |
| Apr 30, 2025 | 88.00 Mn |
| Jan 31, 2025 | 87.00 Mn |
| Oct 31, 2024 | 84.00 Mn |
| Jul 31, 2024 | 76.80 Mn |
| Apr 30, 2024 | 74.30 Mn |
| Jan 31, 2024 | 68.60 Mn |
| Oct 31, 2023 | 64.30 Mn |
| Jul 31, 2023 | 69.30 Mn |
| Apr 30, 2023 | 72.30 Mn |
| Jan 31, 2023 | 69.90 Mn |
| Oct 31, 2022 | 70.70 Mn |
| Jul 31, 2022 | 72.50 Mn |
| Apr 30, 2022 | 71.40 Mn |
| Jan 31, 2022 | 69.70 Mn |
| Oct 31, 2021 | 69.00 Mn |
API Access
Palo Alto Networks Depreciation & Amortization (CF) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "ticker": "PANW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();