Palo Alto Networks (PANW) Receivables (2012 - 2026)
Palo Alto Networks (PANW) recorded Receivables of $3.63 billion in fiscal Q4 2026 (quarter ended Jul 31, 2026), up 22.4% from $2.97 billion a year earlier and up 27.2% from the prior quarter.
Palo Alto Networks (PANW) Receivables (2012 - 2026) Analysis & Trends
Starting with fiscal Q4 2012, Palo Alto Networks' Receivables history includes 57 quarters.
- Annual Receivables has a five-year compound annual growth rate of 19.1% (FY2021 to FY2026).
- Across earlier fiscal years, Receivables came in at $2.97 billion in FY2025 (+13.2%), $2.62 billion in FY2024 (-6.6%), $2.8 billion in FY2023 (+13.9%) and $2.46 billion in FY2022 (+62.2%).
- The fiscal Q4 2026 figure is the highest quarterly Receivables in data going back to fiscal Q4 2012.
- On a year-over-year basis, Receivables has increased for five consecutive quarters, with growth averaging 8.7% over the last eight quarters.
- Peak year-over-year performance for Receivables in the last five years was growth of 99.2% in fiscal Q3 2022, against a decline of 35.0% in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $2.85 billion (Q3 2026), $2.12 billion (Q2 2026) and $1.34 billion (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | 3.63 Bn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | 1.04 Bn |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | 1.46 Bn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | 718.46 Mn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | 975.55 Mn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | 469.00 Mn |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | 1.15 Bn |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | 1.52 Bn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | 483.22 Mn |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn | 1.01 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.63 Bn |
| Apr 30, 2026 | 2.85 Bn |
| Jan 31, 2026 | 2.12 Bn |
| Oct 31, 2025 | 1.34 Bn |
| Jul 31, 2025 | 2.97 Bn |
| Apr 30, 2025 | 1.95 Bn |
| Jan 31, 2025 | 1.50 Bn |
| Oct 31, 2024 | 1.13 Bn |
| Jul 31, 2024 | 2.62 Bn |
| Apr 30, 2024 | 2.05 Bn |
| Jan 31, 2024 | 2.22 Bn |
| Oct 31, 2023 | 1.74 Bn |
| Jul 31, 2023 | 2.80 Bn |
| Apr 30, 2023 | 1.76 Bn |
| Jan 31, 2023 | 1.59 Bn |
| Oct 31, 2022 | 1.55 Bn |
| Jul 31, 2022 | 2.46 Bn |
| Apr 30, 2022 | 1.53 Bn |
| Jan 31, 2022 | 1.23 Bn |
| Oct 31, 2021 | 1.09 Bn |
Palo Alto Networks Receivables 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=receivables&ticker=PANW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();