Palo Alto Networks (PANW) Other Working Capital Changes (2011 - 2026)
Palo Alto Networks' (PANW) quarterly Other Working Capital Changes came in at $92.0 million in Q3 2026, up 560.0% year-over-year from $13.9 million in Q3 2025, and up 4500.0% on a QoQ basis from $2.0 million in Q2 2026.
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Analysis
Palo Alto Networks (PANW) Other Working Capital Changes (2011 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 16 years of Other Working Capital Changes data on file, last reported at $92.0 million in Q3 2026.
- On a quarterly basis, Other Working Capital Changes rose 560.0% year-over-year to $92.0 million in Q3 2026; TTM through Jul 2026 was $139.0 million, a 257.95% increase from a year earlier, with the FY2026 full-year figure at $139.0 million, up 257.95% from the prior year.
- Other Working Capital Changes for Q3 2026 stood at $92.0 million, up from $2.0 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $1.3 billion in Q3 2024 and bottomed at -$522.0 million in Q4 2025.
- Historically, Other Working Capital Changes has averaged $461.0 million across 5 years, with a median of $372.1 million in 2024.
- The widest annual swing landed in 2023, when Other Working Capital Changes surged 49600.0%; it then tumbled 1248.15% in 2025.
- Year by year, Other Working Capital Changes stood at $28.7 million in 2022, then plunged by 288.15% to -$54.0 million in 2023, then soared by 107.41% to $4.0 million in 2024, then jumped by 725.0% to $33.0 million in 2025, then jumped by 178.79% to $92.0 million in 2026.
- Per Business Quant data, the three most recent Other Working Capital Changes figures were $92.0 million in Q3 2026, $2.0 million in Q2 2026, and $12.0 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.15 Bn |
| Jul 31, 2026 | 1.15 Bn |
| Apr 30, 2026 | 397.00 Mn |
| Apr 30, 2026 | 397.00 Mn |
| 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 | 1.31 Bn |
| Jul 31, 2025 | 1.31 Bn |
| Apr 30, 2025 | 179.00 Mn |
| Apr 30, 2025 | 179.00 Mn |
| Jan 31, 2025 | 169.00 Mn |
| Jan 31, 2025 | 169.00 Mn |
| Oct 31, 2024 | -416.00 Mn |
| Oct 31, 2024 | -416.00 Mn |
| Jul 31, 2024 | 1.31 Bn |
| Jul 31, 2024 | 1.31 Bn |
| Apr 30, 2024 | 349.20 Mn |
| Apr 30, 2024 | 349.20 Mn |
API Access
Palo Alto Networks Other Working Capital Changes 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=other-working-capital-changes&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();