Palo Alto Networks (PANW) Invested Capital (2014 - 2026)
Palo Alto Networks (PANW) recorded Invested Capital of $27.83 billion in fiscal Q3 2026 (quarter ended Apr 30, 2026), up 265.5% from $7.61 billion a year earlier.
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Analysis
Palo Alto Networks (PANW) Invested Capital (2014 - 2026) Analysis & Trends
For FY2025 (ended Jul 31, 2025), Palo Alto Networks reported Invested Capital of $7.82 billion, up 27.6% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 48.0% (FY2020 to FY2025).
- Across earlier fiscal years, Invested Capital came in at $6.13 billion in FY2024 (+64.0%), $3.74 billion in FY2023 (-3.8%), $3.89 billion in FY2022 (+77.3%) and $2.19 billion in FY2021 (+99.0%).
- The fiscal Q3 2026 figure is the highest quarterly Invested Capital in data going back to fiscal Q4 2014.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 265.5% in fiscal Q3 2026, against a decline of 3.8% in fiscal Q4 2023 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.53 Bn | 240.60 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 230.03 Bn | 210.43 Bn | 1.10 Bn | 5.89 Bn |
| 3 | Fortinet | 123.13 Bn | 109.06 Bn | 1.64 Bn | 2.05 Bn |
| 4 | Snowflake | 107.35 Bn | 94.67 Bn | 1.04 Bn | - |
| 5 | Datadog | 87.69 Bn | 69.33 Bn | 881.34 Mn | - |
| 6 | Zscaler | 32.63 Bn | 18.74 Bn | - | - |
| 7 | Okta | 32.61 Bn | 22.70 Bn | 641.00 Mn | 6.97 Bn |
| 8 | Axon Enterprise | 32.22 Bn | 26.75 Bn | 546.45 Mn | 5.41 Bn |
| 9 | MongoDB | 26.93 Bn | 17.40 Bn | 569.77 Mn | - |
| 10 | F5 | 24.99 Bn | 19.40 Bn | 711.51 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 27.83 Bn |
| Jul 31, 2025 | 7.82 Bn |
| Apr 30, 2025 | 7.61 Bn |
| Jan 31, 2025 | 6.91 Bn |
| Oct 31, 2024 | 6.56 Bn |
| Jul 31, 2024 | 6.13 Bn |
| Apr 30, 2024 | 5.63 Bn |
| Jan 31, 2024 | 6.18 Bn |
| Oct 31, 2023 | 4.12 Bn |
| Jul 31, 2023 | 3.74 Bn |
| Apr 30, 2023 | 4.91 Bn |
| Jan 31, 2023 | 4.41 Bn |
| Oct 31, 2022 | 4.19 Bn |
| Jul 31, 2022 | 3.89 Bn |
| Apr 30, 2022 | 4.01 Bn |
| Jan 31, 2022 | 3.79 Bn |
| Oct 31, 2021 | 4.19 Bn |
| Jul 31, 2021 | 2.19 Bn |
| Jan 31, 2021 | 2.56 Bn |
| Jul 31, 2020 | 1.10 Bn |
API Access
Palo Alto Networks Invested Capital 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=invested-capital&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();