Palo Alto Networks (PANW) Invested Capital (2012 - 2026)

Palo Alto Networks' Invested Capital history runs 15 years deep, the most recent figure standing at $9.4 billion for Q1 2026.

• In Q1 2026, Invested Capital rose 35.96% year-over-year to $9.4 billion; the TTM figure through Jan 2026 stood at $9.4 billion (up 35.96% YoY), while the FY2025 annual figure was $7.8 billion, up 27.57% from the prior year.
• Invested Capital was $9.4 billion for Q1 2026 at Palo Alto Networks, up from $8.7 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $9.4 billion in Q1 2026 to a low of $3.7 billion in Q3 2023.
• Historically, Invested Capital has averaged $5.8 billion across 5 years, with a median of $5.6 billion in 2024.
• The sharpest annual moves came in 2022 and 2023: Invested Capital jumped 302.46% in 2022, then slipped 3.78% in 2023.
• A 5-year view of Invested Capital shows it stood at $4.2 billion in 2022, then fell by 1.66% to $4.1 billion in 2023, then jumped by 59.28% to $6.6 billion in 2024, then surged by 32.13% to $8.7 billion in 2025, then rose by 8.4% to $9.4 billion in 2026.
• The last three Invested Capital figures came in at $9.4 billion (Q1 2026), $8.7 billion (Q4 2025), and $7.8 billion (Q3 2025), per Business Quant data.