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Palo Alto Networks (PANW) Research & Development: 2011-2025

Historic Research & Development for Palo Alto Networks (PANW) over the last 15 years, with Jul 2025 value amounting to $2.0 billion.

  • 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.
  • Per Palo Alto Networks' latest filing, its Research & Development stood at $2.0 billion for FY2025, which was up 9.66% from $1.8 billion recorded in FY2024.
  • In the past 5 years, Palo Alto Networks' Research & Development ranged from a high of $2.0 billion in FY2025 and a low of $1.1 billion during FY2021.
  • For the 3-year period, Palo Alto Networks' Research & Development averaged around $1.8 billion, with its median value being $1.8 billion (2024).
  • Data for Palo Alto Networks' Research & Development shows a peak YoY surged of 48.47% (in 2021) over the last 5 years.
  • Yearly analysis of 5 years shows Palo Alto Networks' Research & Development stood at $1.1 billion in 2021, then climbed by 24.32% to $1.4 billion in 2022, then grew by 13.14% to $1.6 billion in 2023, then climbed by 12.81% to $1.8 billion in 2024, then grew by 9.66% to $2.0 billion in 2025.