Palo Alto Networks (PANW) Payables (2012 - 2026)
Palo Alto Networks' (PANW) quarterly Payables came in at $290.0 million in Q3 2026, up 25.0% year-over-year from $232.0 million in Q3 2025, and down 1.02% on a QoQ basis from $293.0 million in Q2 2026.
Palo Alto Networks (PANW) Payables (2012 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 15 years of Payables data on file, last reported at $290.0 million in Q3 2026.
- On a quarterly basis, Payables rose 25.0% year-over-year to $290.0 million in Q3 2026; TTM through Jul 2026 was $290.0 million, a 25.0% increase from a year earlier, with the FY2026 full-year figure at $290.0 million, up 25.0% from the prior year.
- Payables for Q3 2026 stood at $290.0 million, down from $293.0 million in the prior quarter.
- Across five years, Payables topped out at $293.0 million in Q2 2026 and bottomed at $91.6 million in Q2 2023.
- Historically, Payables has averaged $171.9 million across 5 years, with a median of $132.3 million in 2023.
- The widest annual swing landed in 2022, when Payables surged 169.35%; it then retreated 16.5% in 2025.
- Year by year, Payables stood at $125.9 million in 2022, then advanced by 4.69% to $131.8 million in 2023, then surged by 60.55% to $211.6 million in 2024, then advanced by 5.39% to $223.0 million in 2025, then surged by 30.04% to $290.0 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $290.0 million in Q3 2026, $293.0 million in Q2 2026, and $262.0 million in Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | 290.00 Mn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 114.49 Mn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 282.50 Mn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | 185.25 Mn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 313.53 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 269.96 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | 47.97 Mn |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 17.69 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 10.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | 6.15 Bn |
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();