Palo Alto Networks (PANW) Total Debt (2015 - 2025)

Palo Alto Networks (PANW) recorded quarterly Total Debt of $383.2 million in Q2 2025, down 28.21% quarter-over-quarter from $533.8 million in Q1 2025, and down 67.04% on a YoY basis from $1.2 billion in Q2 2024.

Palo Alto Networks (PANW) Total Debt (2015 - 2025) Analysis & Trends

Palo Alto Networks' Total Debt history runs 10 years deep, the most recent figure standing at $383.2 million for Q2 2025.

  • In Q2 2025, Total Debt fell 67.04% year-over-year to $383.2 million; the TTM figure through Apr 2025 stood at $383.2 million (down 67.04% YoY), while the FY2024 annual figure was $963.9 million, down 51.6% from the prior year.
  • Total Debt was $383.2 million for Q2 2025 at Palo Alto Networks, down from $533.8 million in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $3.7 billion in Q2 2023 to a low of $383.2 million in Q2 2025.
  • Historically, Total Debt has averaged $2.3 billion across 5 years, with a median of $1.9 billion in 2023.
  • The sharpest annual moves came in 2022 and 2025: Total Debt soared 140.82% in 2022, then sank 70.7% in 2025.
  • A 5-year view of Total Debt shows it stood at $3.7 billion in 2021, then rose by 0.18% to $3.7 billion in 2022, then sank by 47.08% to $1.9 billion in 2023, then sank by 66.83% to $645.8 million in 2024, then slumped by 40.66% to $383.2 million in 2025.
  • The last three Total Debt figures came in at $383.2 million (Q2 2025), $533.8 million (Q1 2025), and $645.8 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Microsoft 3,064.95 Bn 2,986.68 Bn 56.06 Bn 40.26 Bn
2 Alarum Technologies 1,117.04 Bn 1,102.89 Bn 7.23 Mn -
3 Oracle 608.54 Bn 569.96 Bn 15.14 Bn 124.72 Bn
4 Palantir Technologies 326.97 Bn 319.05 Bn 1.42 Bn -
5 Palo Alto Networks 185.10 Bn 180.56 Bn 1.91 Bn -
6 CrowdStrike Holdings 165.31 Bn 162.25 Bn 993.68 Mn 745.47 Mn
7 Fortinet 105.66 Bn 102.37 Bn 1.49 Bn 496.80 Mn
8 Synopsys 89.71 Bn 89.60 Bn 1.77 Bn 10.04 Bn
9 Cloudflare 87.54 Bn 86.60 Bn 455.60 Mn 1.29 Bn
10 CoreWeave 53.90 Bn 51.63 Bn 2.01 Bn 24.86 Bn

Historic Data

Download Data
DateValue
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
Oct 31, 2018 239.90 Mn