Palo Alto Networks (PANW) Payables (2012 - 2026)
Palo Alto Networks (PANW) posted Payables of $290 million for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 25.0% from $232 million a year earlier but down 1.0% from the prior quarter.
Palo Alto Networks (PANW) Payables (2012 - 2026) Analysis & Trends
Since fiscal Q4 2012, Palo Alto Networks has reported Payables for 57 quarters.
- Annual Payables shows a five-year compound annual growth rate of 38.5% (FY2021 to FY2026).
- In prior fiscal years, Palo Alto Networks' Payables was $232 million in FY2025 (+99.5%), $116.3 million in FY2024 (-12.1%), $132.3 million in FY2023 (+3.4%) and $128 million in FY2022 (+125.0%).
- Quarterly Payables has run from a low of $91.6 million in fiscal Q3 2023 to a high of $293 million in fiscal Q3 2026 over five years.
- On a year-over-year basis, Payables has increased in each of the last six quarters, with growth averaging 48.7% over the last eight quarters.
- The strongest year-over-year quarter for Payables in the past five years was fiscal Q2 2022, with growth of 169.4%; the weakest was fiscal Q2 2025, with a decline of 16.5%.
- According to Business Quant data, Payables for the three prior fiscal quarters was $293 million (Q3 2026), $262 million (Q2 2026) and $223 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.72 Bn | 249.79 Bn | 2.30 Bn | 290.00 Mn |
| 2 | CrowdStrike Holdings | 238.73 Bn | 219.14 Bn | 1.10 Bn | 114.49 Mn |
| 3 | Fortinet | 127.27 Bn | 113.20 Bn | 1.64 Bn | 282.50 Mn |
| 4 | Snowflake | 110.23 Bn | 97.55 Bn | 1.04 Bn | 185.25 Mn |
| 5 | Datadog | 89.17 Bn | 70.81 Bn | 881.34 Mn | 313.53 Mn |
| 6 | Zscaler | 33.92 Bn | 20.04 Bn | - | 47.97 Mn |
| 7 | Okta | 33.82 Bn | 23.92 Bn | 641.00 Mn | 10.00 Mn |
| 8 | Axon Enterprise | 33.04 Bn | 27.56 Bn | 546.45 Mn | 269.96 Mn |
| 9 | MongoDB | 27.87 Bn | 18.34 Bn | 569.77 Mn | 17.69 Mn |
| 10 | F5 | 25.05 Bn | 19.46 Bn | 711.51 Mn | 136.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 290.00 Mn |
| Apr 30, 2026 | 293.00 Mn |
| Jan 31, 2026 | 262.00 Mn |
| Oct 31, 2025 | 223.00 Mn |
| Jul 31, 2025 | 232.00 Mn |
| Apr 30, 2025 | 234.80 Mn |
| Jan 31, 2025 | 149.30 Mn |
| Oct 31, 2024 | 211.60 Mn |
| Jul 31, 2024 | 116.30 Mn |
| Apr 30, 2024 | 108.90 Mn |
| Jan 31, 2024 | 178.80 Mn |
| Oct 31, 2023 | 131.80 Mn |
| Jul 31, 2023 | 132.30 Mn |
| Apr 30, 2023 | 91.60 Mn |
| Jan 31, 2023 | 128.30 Mn |
| Oct 31, 2022 | 125.90 Mn |
| Jul 31, 2022 | 128.00 Mn |
| Apr 30, 2022 | 108.00 Mn |
| Jan 31, 2022 | 120.40 Mn |
| Oct 31, 2021 | 95.30 Mn |
Palo Alto Networks Payables 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=payables&ticker=PANW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();