Palo Alto Networks (PANW) Other Working Capital Changes (2011 - 2026)

Palo Alto Networks' (PANW) quarterly Other Working Capital Changes came in at $178.0 million in Q1 2026, up 5.33% year-on-year from $169.0 million in Q1 2025, and up 134.1% quarter-over-quarter from -$522.0 million in Q4 2025.

Palo Alto Networks (PANW) Other Working Capital Changes (2011 - 2026) Analysis & Trends

Palo Alto Networks' Other Working Capital Changes history runs 9 years deep, the most recent figure standing at $178.0 million for Q1 2026.

  • On a quarterly basis, Other Working Capital Changes rose 5.33% year-over-year to $178.0 million in Q1 2026; TTM through Jan 2026 was $1.1 billion, a 19.36% decrease from a year earlier, with the FY2025 full-year figure at $1.2 billion, down 43.22% from the prior year.
  • Other Working Capital Changes climbed to $178.0 million in Q1 2026 per PANW's latest filing, from -$522.0 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $181.3 million in Q3 2024 and bottomed at -$93.0 million in Q1 2025.
  • The 5-year median for Other Working Capital Changes is $12.0 million (2026), against an average of $23.4 million.
  • Across the five-year window, Other Working Capital Changes jumped 93.04% in 2022 and tumbled 384.15% in 2024, its largest moves.
  • Year by year, Other Working Capital Changes stood at $185.6 million in 2022, then slipped by 21.12% to $146.4 million in 2023, then sank by 384.15% to -$416.0 million in 2024, then slipped by 25.48% to -$522.0 million in 2025, then jumped by 134.1% to $178.0 million in 2026.
  • Per Business Quant, the three latest PANW Other Working Capital Changes figures stand at $178.0 million (Q1 2026), -$522.0 million (Q4 2025), and $1.2 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,842.90 Bn 2,718.46 Bn 56.06 Bn
2 PagSeguro Digital 2,572.26 Bn 2,572.26 Bn 358.92 Mn
3 Oracle 329.59 Bn 297.69 Bn -
4 Repay Holdings 314.63 Bn 314.48 Bn -
5 Palantir Technologies 294.47 Bn 286.44 Bn 1.42 Bn
6 Palo Alto Networks 227.51 Bn 222.98 Bn 1.91 Bn
7 CrowdStrike Holdings 183.28 Bn 180.18 Bn 993.68 Mn
8 Fortinet 112.44 Bn 109.14 Bn 1.49 Bn
9 Cloudflare 92.78 Bn 91.83 Bn 455.60 Mn
10 Synopsys 70.83 Bn 68.63 Bn 1.77 Bn

Historic Data

Download Data
DateValue
Jan 31, 2026 12.00 Mn
Jan 31, 2026 12.00 Mn
Jan 31, 2026 12.00 Mn
Oct 31, 2025 33.00 Mn
Oct 31, 2025 33.00 Mn
Oct 31, 2025 33.00 Mn
Jul 31, 2025 -20.50 Mn
Jul 31, 2025 -20.50 Mn
Jul 31, 2025 -20.50 Mn
Apr 30, 2025 21.20 Mn
Apr 30, 2025 21.20 Mn
Apr 30, 2025 21.20 Mn
Jan 31, 2025 -93.00 Mn
Jan 31, 2025 -93.00 Mn
Jan 31, 2025 -93.00 Mn
Oct 31, 2024 4.00 Mn
Oct 31, 2024 4.00 Mn
Oct 31, 2024 4.00 Mn
Jul 31, 2024 181.30 Mn
Jul 31, 2024 181.30 Mn