Palo Alto Networks (PANW) Non-Current Deffered Revenue (2012 - 2026)
Palo Alto Networks (PANW) posted Non-Current Deffered Revenue of $7.01 billion for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 8.7% from $6.45 billion a year earlier and up 8.0% from the prior quarter.
Powered by 
Analysis
Palo Alto Networks (PANW) Non-Current Deffered Revenue (2012 - 2026) Analysis & Trends
Since fiscal Q4 2012, Palo Alto Networks has reported Non-Current Deffered Revenue for 57 quarters.
- Annual Non-Current Deffered Revenue has increased for 14 consecutive fiscal years, with a five-year compound annual growth rate of 25.2% (FY2021 to FY2026).
- In prior fiscal years, Palo Alto Networks' Non-Current Deffered Revenue was $6.45 billion in FY2025 (+8.6%), $5.94 billion in FY2024 (+28.5%), $4.62 billion in FY2023 (+37.8%) and $3.35 billion in FY2022 (+46.9%).
- The fiscal Q4 2026 figure stands as the highest quarterly Non-Current Deffered Revenue in data going back to fiscal Q4 2012.
- On a year-over-year basis, Non-Current Deffered Revenue has increased in each of the last 53 quarters, with growth averaging 11.8% over the last eight quarters.
- The year-over-year growth in Non-Current Deffered Revenue has ranged between 8.6% (fiscal Q4 2025) and 46.9% (fiscal Q4 2022) over the last five years.
- According to Business Quant data, Non-Current Deffered Revenue for the three prior fiscal quarters was $6.49 billion (Q3 2026), $6.18 billion (Q2 2026) and $6.1 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | 7.01 Bn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | 1.35 Bn |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | 3.83 Bn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | 27.76 Mn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | 50.86 Mn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | 30.00 Mn |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | 445.27 Mn |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | 385.66 Mn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | 108.23 Mn |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn | 903.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 7.01 Bn |
| Apr 30, 2026 | 6.49 Bn |
| Jan 31, 2026 | 6.18 Bn |
| Oct 31, 2025 | 6.10 Bn |
| Jul 31, 2025 | 6.45 Bn |
| Apr 30, 2025 | 5.82 Bn |
| Jan 31, 2025 | 5.66 Bn |
| Oct 31, 2024 | 5.59 Bn |
| Jul 31, 2024 | 5.94 Bn |
| Apr 30, 2024 | 5.15 Bn |
| Jan 31, 2024 | 4.90 Bn |
| Oct 31, 2023 | 4.71 Bn |
| Jul 31, 2023 | 4.62 Bn |
| Apr 30, 2023 | 3.94 Bn |
| Jan 31, 2023 | 3.61 Bn |
| Oct 31, 2022 | 3.44 Bn |
| Jul 31, 2022 | 3.35 Bn |
| Apr 30, 2022 | 2.71 Bn |
| Jan 31, 2022 | 2.49 Bn |
| Oct 31, 2021 | 2.36 Bn |
API Access
Palo Alto Networks Non-Current Deffered Revenue 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-deffered-revenue&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deffered-revenue", "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-deffered-revenue&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();