Palo Alto Networks (PANW) Prepaid Assets (2012 - 2026)
Palo Alto Networks (PANW) recorded Prepaid Assets of $807 million in fiscal Q4 2026 (quarter ended Jul 31, 2026), up 55.2% from $520 million a year earlier and up 14.5% from the prior quarter.
Powered by 
Analysis
Palo Alto Networks (PANW) Prepaid Assets (2012 - 2026) Analysis & Trends
Starting with fiscal Q4 2012, Palo Alto Networks' Prepaid Assets history includes 57 quarters.
- Annual Prepaid Assets has a five-year compound annual growth rate of 28.6% (FY2021 to FY2026).
- Across earlier fiscal years, Prepaid Assets came in at $520 million in FY2025 (-6.7%), $557.4 million in FY2024 (+19.4%), $466.8 million in FY2023 (+123.5%) and $208.9 million in FY2022 (-8.9%).
- The fiscal Q4 2026 figure is the highest quarterly Prepaid Assets in data going back to fiscal Q4 2012.
- On a year-over-year basis, Prepaid Assets has increased for four consecutive quarters, with growth averaging 26.1% over the last eight quarters.
- Peak year-over-year performance for Prepaid Assets in the last five years was growth of 134.9% in fiscal Q3 2023, against a decline of 41.9% in fiscal Q3 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $705 million (Q3 2026), $621 million (Q2 2026) and $605 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 305.41 Bn | 290.49 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 258.16 Bn | 238.60 Bn | 1.10 Bn |
| 3 | Fortinet | 127.25 Bn | 113.18 Bn | 1.64 Bn |
| 4 | Snowflake | 118.44 Bn | 105.76 Bn | 1.04 Bn |
| 5 | Datadog | 96.25 Bn | 77.89 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.94 Bn | 29.46 Bn | 546.45 Mn |
| 7 | MongoDB | 33.06 Bn | 23.53 Bn | 569.77 Mn |
| 8 | Okta | 32.62 Bn | 22.72 Bn | 641.00 Mn |
| 9 | Zscaler | 31.48 Bn | 17.60 Bn | - |
| 10 | Baidu | 29.71 Bn | -43.91 Bn | 1.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 807.00 Mn |
| Apr 30, 2026 | 705.00 Mn |
| Jan 31, 2026 | 621.00 Mn |
| Oct 31, 2025 | 605.00 Mn |
| Jul 31, 2025 | 520.00 Mn |
| Apr 30, 2025 | 524.40 Mn |
| Jan 31, 2025 | 480.40 Mn |
| Oct 31, 2024 | 546.10 Mn |
| Jul 31, 2024 | 557.40 Mn |
| Apr 30, 2024 | 403.70 Mn |
| Jan 31, 2024 | 405.90 Mn |
| Oct 31, 2023 | 396.20 Mn |
| Jul 31, 2023 | 466.80 Mn |
| Apr 30, 2023 | 694.50 Mn |
| Jan 31, 2023 | 467.40 Mn |
| Oct 31, 2022 | 381.10 Mn |
| Jul 31, 2022 | 208.90 Mn |
| Apr 30, 2022 | 295.60 Mn |
| Jan 31, 2022 | 298.00 Mn |
| Oct 31, 2021 | 292.70 Mn |
API Access
Palo Alto Networks Prepaid Assets 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=prepaid-assets&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();