Palo Alto Networks (PANW) Non-Current Assets (2012 - 2026)
Palo Alto Networks (PANW) recorded Non-Current Assets of $39.82 billion in fiscal Q4 2026 (quarter ended Jul 31, 2026), up 148.0% from $16.05 billion a year earlier and up 3.3% from the prior quarter.
Palo Alto Networks (PANW) Non-Current Assets (2012 - 2026) Analysis & Trends
Starting with fiscal Q4 2012, Palo Alto Networks' Non-Current Assets history includes 57 quarters.
- Annual Non-Current Assets has increased for 14 straight fiscal years, with a five-year compound annual growth rate of 48.1% (FY2021 to FY2026).
- Across earlier fiscal years, Non-Current Assets came in at $16.05 billion in FY2025 (+22.2%), $13.14 billion in FY2024 (+55.5%), $8.45 billion in FY2023 (+44.8%) and $5.84 billion in FY2022 (+4.4%).
- The fiscal Q4 2026 figure is the highest quarterly Non-Current Assets in data going back to fiscal Q4 2012.
- On a year-over-year basis, Non-Current Assets has increased for 17 consecutive quarters, with growth averaging 59.1% over the last eight quarters.
- Peak year-over-year performance for Non-Current Assets in the last five years was growth of 155.3% in fiscal Q3 2026, against a decline of 0.3% in fiscal Q3 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $38.55 billion (Q3 2026), $16.61 billion (Q2 2026) and $16.23 billion (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | 39.82 Bn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | 5.07 Bn |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | 4.65 Bn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | 5.20 Bn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | 1.54 Bn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | 6.05 Bn |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | 2.84 Bn |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | 4.48 Bn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | 651.70 Mn |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn | 3.88 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 39.82 Bn |
| Apr 30, 2026 | 38.55 Bn |
| Jan 31, 2026 | 16.61 Bn |
| Oct 31, 2025 | 16.23 Bn |
| Jul 31, 2025 | 16.05 Bn |
| Apr 30, 2025 | 15.10 Bn |
| Jan 31, 2025 | 14.61 Bn |
| Oct 31, 2024 | 14.13 Bn |
| Jul 31, 2024 | 13.14 Bn |
| Apr 30, 2024 | 12.01 Bn |
| Jan 31, 2024 | 11.85 Bn |
| Oct 31, 2023 | 8.33 Bn |
| Jul 31, 2023 | 8.45 Bn |
| Apr 30, 2023 | 7.76 Bn |
| Jan 31, 2023 | 7.76 Bn |
| Oct 31, 2022 | 6.81 Bn |
| Jul 31, 2022 | 5.84 Bn |
| Apr 30, 2022 | 5.40 Bn |
| Jan 31, 2022 | 5.53 Bn |
| Oct 31, 2021 | 5.59 Bn |
Palo Alto Networks Non-Current Assets 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=non-current-assets&ticker=PANW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();