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Growth Metrics

Palo Alto Networks (PANW) Other Working Capital Changes (2016 - 2026)

Palo Alto Networks has reported Other Working Capital Changes over the past 16 years, most recently at $12.0 million for Q1 2026.

  • Quarterly results put Other Working Capital Changes at $12.0 million for Q1 2026, up 112.9% from a year ago — trailing twelve months through Jan 2026 was $1.4 billion (down 12.78% YoY), and the annual figure for FY2025 was $1.2 billion, down 43.22%.
  • Other Working Capital Changes for Q1 2026 was $12.0 million at Palo Alto Networks, down from $33.0 million in the prior quarter.
  • Over the last five years, Other Working Capital Changes for PANW hit a ceiling of $2.2 billion in Q3 2024 and a floor of -$725.4 million in Q3 2022.
  • Median Other Working Capital Changes over the past 5 years was $33.0 million (2025), compared with a mean of $218.2 million.
  • Biggest five-year swings in Other Working Capital Changes: crashed 288.15% in 2023 and later soared 2101.38% in 2024.
  • Palo Alto Networks' Other Working Capital Changes stood at $28.7 million in 2022, then crashed by 288.15% to -$54.0 million in 2023, then skyrocketed by 107.41% to $4.0 million in 2024, then surged by 725.0% to $33.0 million in 2025, then crashed by 63.64% to $12.0 million in 2026.
  • The last three reported values for Other Working Capital Changes were $12.0 million (Q1 2026), $33.0 million (Q4 2025), and $1.2 billion (Q3 2025) per Business Quant data.