Palo Alto Networks (PANW) Total Debt (2015 - 2026)
Palo Alto Networks' Total Debt was $160 million in fiscal Q3 2026 (quarter ended Apr 30, 2026), down 58.2% from $383.2 million a year earlier.
Palo Alto Networks (PANW) Total Debt (2015 - 2026) Analysis & Trends
At the end of FY2024 (ended Jul 31, 2024), Total Debt at Palo Alto Networks came in at $963.9 million, down 51.6% from FY2023.
- Total Debt shows a three-year compound annual growth rate of -14.8% (FY2021 to FY2024).
- In earlier fiscal years, Total Debt was $1.99 billion in FY2023 (-45.8%), $3.68 billion in FY2022 (+136.0%) and $1.56 billion in FY2021.
- The fiscal Q3 2026 figure marks the lowest quarterly Total Debt since fiscal Q3 2019.
- The best year-over-year quarter for Total Debt over five years was fiscal Q2 2022 (growth of 140.8%); the worst was fiscal Q2 2025 (a decline of 70.7%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.75 Bn | 249.82 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 238.93 Bn | 219.33 Bn | 1.10 Bn | 746.22 Mn |
| 3 | Fortinet | 127.84 Bn | 113.77 Bn | 1.64 Bn | 496.90 Mn |
| 4 | Snowflake | 110.22 Bn | 97.54 Bn | 1.04 Bn | - |
| 5 | Datadog | 89.46 Bn | 71.10 Bn | 881.34 Mn | - |
| 6 | Zscaler | 33.91 Bn | 20.03 Bn | - | - |
| 7 | Okta | 33.86 Bn | 23.96 Bn | 641.00 Mn | - |
| 8 | Axon Enterprise | 32.92 Bn | 27.44 Bn | 546.45 Mn | 1.73 Bn |
| 9 | MongoDB | 27.85 Bn | 18.31 Bn | 569.77 Mn | - |
| 10 | F5 | 25.12 Bn | 19.53 Bn | 711.51 Mn | - |
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 |
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_KEY
import 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();