Palo Alto Networks (PANW) Total Debt (2015 - 2026)
Palo Alto Networks' (PANW) quarterly Total Debt came in at $160.0 million in Q2 2026, down 58.25% year-over-year from $383.2 million in Q2 2025, and down 58.25% on a QoQ basis from $383.2 million in Q2 2025.
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Palo Alto Networks (PANW) Total Debt (2015 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 11 years of Total Debt data on file, last reported at $160.0 million in Q2 2026.
- On a quarterly basis, Total Debt fell 58.25% year-over-year to $160.0 million in Q2 2026; TTM through Apr 2026 was $160.0 million, a 58.25% decrease from a year earlier, with the FY2024 full-year figure at $963.9 million, down 51.6% from the prior year.
- Total Debt for Q2 2026 stood at $160.0 million, down from $383.2 million in the prior quarter.
- Across five years, Total Debt topped out at $3.7 billion in Q2 2023 and bottomed at $160.0 million in Q2 2026.
- Historically, Total Debt has averaged $2.1 billion across 5 years, with a median of $1.9 billion in 2023.
- The widest annual swing landed in 2022, when Total Debt jumped 140.82%; it then sank 70.7% in 2025.
- Year by year, Total Debt stood at $3.7 billion in 2022, then plunged by 47.08% to $1.9 billion in 2023, then plunged by 66.83% to $645.8 million in 2024, then sank by 40.66% to $383.2 million in 2025, then tumbled by 58.25% to $160.0 million in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $160.0 million in Q2 2026, $383.2 million in Q2 2025, and $533.8 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 746.22 Mn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 496.90 Mn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | - |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | - |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 1.73 Bn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | - |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | - |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | 7.33 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 160.00 Mn |
| Apr 30, 2025 | 383.20 Mn |
| Jan 31, 2025 | 533.80 Mn |
| Oct 31, 2024 | 645.80 Mn |
| Jul 31, 2024 | 963.90 Mn |
| Apr 30, 2024 | 1.16 Bn |
| Jan 31, 2024 | 1.82 Bn |
| Oct 31, 2023 | 1.95 Bn |
| Jul 31, 2023 | 1.99 Bn |
| Apr 30, 2023 | 3.68 Bn |
| Jan 31, 2023 | 3.68 Bn |
| Oct 31, 2022 | 3.68 Bn |
| Jul 31, 2022 | 3.68 Bn |
| Apr 30, 2022 | 3.68 Bn |
| Jan 31, 2022 | 3.67 Bn |
| Oct 31, 2021 | 3.67 Bn |
| Jul 31, 2021 | 1.56 Bn |
| Jan 31, 2021 | 1.53 Bn |
| Apr 30, 2019 | 158.10 Mn |
| Jan 31, 2019 | 156.30 Mn |
API Access
Palo Alto Networks Total Debt 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=total-debt&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();