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

Palo Alto Networks (PANW) posted Other Working Capital Changes of $178.0 million for Q1 2026, up 134.1% on a QoQ basis from -$522.0 million in Q4 2025, and up 170.92% year-on-year from $65.7 million in Q1 2025.

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

Palo Alto Networks has disclosed Other Working Capital Changes across 16 years of filings, most recently posting $178.0 million for Q1 2026.

  • Other Working Capital Changes for Q1 2026 came in at $178.0 million, up 170.92% year-over-year; the trailing twelve-month figure through Jan 2026 was -$185.3 million (up 70.65% YoY), and the FY2025 annual result was -$88.3 million, down 165.85% from the prior year.
  • Other Working Capital Changes came in at $178.0 million for Q1 2026 at Palo Alto Networks, up from -$522.0 million in the prior quarter.
  • Over the last five years, Other Working Capital Changes for PANW reached as high as $1.9 billion in Q3 2022 and fell as low as -$565.7 million in Q2 2024.
  • Median Other Working Capital Changes over the past 5 years was $179.2 million (2025), compared with a mean of $229.5 million.
  • Year-over-year, Other Working Capital Changes soared 264.05% in 2023 and plunged 13150.0% in 2025.
  • Over 5 years, Other Working Capital Changes stood at $185.6 million in 2022, then slumped by 129.09% to -$54.0 million in 2023, then soared by 107.41% to $4.0 million in 2024, then sank by 13150.0% 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 -$20.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn -
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn

Historic Data

Download Data
DateValue
Jan 31, 2026 178.00 Mn
Jan 31, 2026 178.00 Mn
Oct 31, 2025 -522.00 Mn
Oct 31, 2025 -522.00 Mn
Jul 31, 2025 -20.50 Mn
Jul 31, 2025 -20.50 Mn
Apr 30, 2025 179.20 Mn
Apr 30, 2025 179.20 Mn
Jan 31, 2025 -251.00 Mn
Jan 31, 2025 -251.00 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
Apr 30, 2024 -565.70 Mn
Apr 30, 2024 -565.70 Mn
Jan 31, 2024 572.50 Mn
Jan 31, 2024 572.50 Mn
Oct 31, 2023 -54.00 Mn
Oct 31, 2023 -54.00 Mn