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Palo Alto Networks (PANW) Operating Leases (2019 - 2026)

Palo Alto Networks has reported Operating Leases over the past 8 years, most recently at $372.0 million for Q1 2026.

  • Quarterly results put Operating Leases at $372.0 million for Q1 2026, up 2.48% from a year ago — trailing twelve months through Jan 2026 was $372.0 million (up 2.48% YoY), and the annual figure for FY2025 was $338.0 million, down 11.17%.
  • Operating Leases for Q1 2026 was $372.0 million at Palo Alto Networks, up from $346.0 million in the prior quarter.
  • Over the last five years, Operating Leases for PANW hit a ceiling of $380.5 million in Q3 2024 and a floor of $264.5 million in Q2 2023.
  • Median Operating Leases over the past 5 years was $338.0 million (2025), compared with a mean of $321.7 million.
  • Biggest five-year swings in Operating Leases: dropped 13.22% in 2022 and later skyrocketed 39.81% in 2024.
  • Palo Alto Networks' Operating Leases stood at $283.1 million in 2022, then decreased by 2.58% to $275.8 million in 2023, then skyrocketed by 37.64% to $379.6 million in 2024, then dropped by 8.85% to $346.0 million in 2025, then grew by 7.51% to $372.0 million in 2026.
  • The last three reported values for Operating Leases were $372.0 million (Q1 2026), $346.0 million (Q4 2025), and $338.0 million (Q3 2025) per Business Quant data.