Palo Alto Networks' Research & Development rose 9.77% to $528.0 million in Q4 2025 from the same period last year, while for Oct 2025 it was $2.0 billion, marking a year-over-year increase of 8.02%. This contributed to the annual value of $2.0 billion for FY2025, which is 9.66% up from last year.
Latest data reveals that Palo Alto Networks reported Research & Development of $528.0 million as of Q4 2025, which was up 4.87% from $503.5 million recorded in Q3 2025.
Over the past 5 years, Palo Alto Networks' Research & Development peaked at $528.0 million during Q4 2025, and registered a low of $266.7 million during Q1 2021.
Over the past 3 years, Palo Alto Networks' median Research & Development value was $469.1 million (recorded in 2024), while the average stood at $462.9 million.
Data for Palo Alto Networks' Research & Development shows a peak YoY soared of 58.43% (in 2021) over the last 5 years.
Over the past 5 years, Palo Alto Networks' Research & Development (Quarterly) stood at $339.5 million in 2021, then increased by 9.51% to $371.8 million in 2022, then increased by 10.14% to $409.5 million in 2023, then grew by 17.46% to $481.0 million in 2024, then climbed by 9.77% to $528.0 million in 2025.
Its Research & Development stands at $528.0 million for Q4 2025, versus $503.5 million for Q3 2025 and $494.5 million for Q2 2025.

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