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Palo Alto Networks (PANW) Research & Development (2016 - 2025)

Historic Research & Development for Palo Alto Networks (PANW) over the last 15 years, with Q4 2025 value amounting to $528.0 million.

  • Palo Alto Networks' Research & Development rose 977.13% 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 801.74%. This contributed to the annual value of $2.0 billion for FY2025, which is 965.51% up from last year.
  • Per Palo Alto Networks' latest filing, its Research & Development stood at $528.0 million for Q4 2025, which was up 977.13% from $503.5 million recorded in Q3 2025.
  • In the past 5 years, Palo Alto Networks' Research & Development ranged from a high of $528.0 million in Q4 2025 and a low of $266.7 million during Q1 2021
  • Its 5-year average for Research & Development is $412.3 million, with a median of $411.6 million in 2023.
  • Per our database at Business Quant, Palo Alto Networks' Research & Development skyrocketed by 5843.1% in 2021 and then soared by 175.83% in 2025.
  • Quarter analysis of 5 years shows Palo Alto Networks' Research & Development stood at $339.5 million in 2021, then rose by 9.51% to $371.8 million in 2022, then grew by 10.14% to $409.5 million in 2023, then grew by 17.46% to $481.0 million in 2024, then grew 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.