Palo Alto Networks (PANW) Invested Capital (2014 - 2026)

Palo Alto Networks' Invested Capital history runs 10 years deep, the most recent figure standing at $383.2 million for Q2 2025.

• In Q2 2025, Invested Capital fell 67.04% year-over-year to $383.2 million; the TTM figure through Jan 2026 stood at $383.2 million (down 88.41% YoY), while the FY2024 annual figure was $963.9 million, down 51.6% from the prior year.
• Invested Capital for Q2 2025 stood at $383.2 million, down from $533.8 million in the prior quarter.
• The five-year high for Invested Capital was $3.7 billion in Q2 2023, with the low at $383.2 million in Q2 2025.
• The 5-year median for Invested Capital is $1.9 billion (2023), against an average of $2.3 billion.
• The sharpest annual moves came in 2022 and 2025: Invested Capital surged 140.82% in 2022, then tumbled 70.7% in 2025.
• Palo Alto Networks' Invested Capital stood at $3.7 billion in 2021, then increased by 0.18% to $3.7 billion in 2022, then plunged by 47.08% to $1.9 billion in 2023, then plunged by 66.83% to $645.8 million in 2024, then sank by 40.66% to $383.2 million in 2025.
• Business Quant data shows PANW's Invested Capital at $383.2 million in Q2 2025, $533.8 million in Q1 2025, and $645.8 million in Q4 2024.