Palo Alto Networks, Inc. (PANW) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

Palo Alto Networks, Inc. (PANW) quarterly balance sheet — complete assets, liabilities & equity history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Total Current Assets

7.71B

8.37B

6.89B

7.1B

6.9B

6.34B

6.24B

6.85B

5.92B

6.45B

6.48B

6.05B

6.41B

5.41B

5.73B

6.41B

5.7B

4.87B

4.84B

4.65B

Cash & Short-Term Investments

3.11B

4.54B

4.22B

2.9B

3.3B

3.23B

3.39B

2.58B

2.9B

3.37B

3.89B

2.39B

3.96B

3.35B

3.8B

3.63B

3.87B

3.34B

3.46B

2.9B

Cash Only

2.36B

4.16B

3.08B

2.28B

2.38B

2.23B

2.28B

1.54B

1.38B

1.78B

2.49B

1.14B

1.99B

1.35B

2.07B

2.12B

2.42B

1.92B

2.27B

1.87B

Short-Term Investments

747M

378M

1.14B

634.6M

916.8M

1.01B

1.11B

1.04B

1.52B

1.59B

1.4B

1.25B

1.97B

1.74B

1.52B

1.45B

1.42B

1.19B

1.03B

Accounts Receivable

3.44B

2.12B

2.08B

3.68B

2.69B

2.25B

1.94B

3.34B

2.29B

2.34B

1.86B

2.85B

1.44B

1.28B

1.24B

2.25B

1.24B

952.2M

812.1M

1.24B

Days Sales Outstanding

82.4

74.41

107.09

115.47

95.99

85.35

113.6

118.33

104.96

97.83

115.38

101.16

70.38

69.93

102.74

103.67

70.37

61.63

75.69

75.72

Inventory

328.7M

Days Inventory Outstanding

63.96

Other Current Assets

454M

1.1B

596M

520.5M

435.6M

856.5M

913.7M

384.7M

732.5M

733.9M

396.2M

339.2M

1.01B

780.8M

310.6M

317.7M

293.5M

285.1M

282M

365M

Total Non-Current Assets

37.99B

16.61B

16.64B

16.47B

15.1B

14.61B

14.13B

13.14B

12.01B

11.85B

8.33B

8.45B

7.76B

6.81B

5.84B

5.4B

5.53B

5.59B

Property, Plant & Equipment

1.18B

485M

747M

734.3M

724.3M

731.1M

750M

747M

720M

708.1M

626.9M

617.8M

590M

595.8M

614.1M

599.8M

595.5M

601.5M

576.1M

581.3M

Fixed Asset Turnover

3.60x

4.21x

3.34x

3.48x

3.15x

3.05x

2.86x

2.99x

2.78x

2.96x

3.02x

3.23x

2.90x

2.74x

2.58x

2.59x

2.32x

2.24x

2.16x

2.10x

Goodwill

21.9B

6.93B

4.57B

4.05B

3.35B

3.37B

2.93B

2.91B

2.75B

2.73B

2.71B

Intangible Assets

7.28B

1.25B

723M

762.7M

730.2M

771.4M

809.6M

374.9M

407.6M

440.1M

290.5M

315.4M

340.6M

361.7M

355.5M

384.5M

412.1M

443.9M

471.3M

498.6M

Long-Term Investments

4.66B

3.36B

6.84B

6.56B

5.15B

4.56B

4.12B

4.17B

3.5B

3.62B

2.99B

3.05B

2.71B

2.82B

2.09B

1.05B

714.7M

851M

898.8M

888.3M

Other Non-Current Assets

585M

2.19B

1.35B

1.43B

4.45B

2.05B

2.1B

1.72B

1.47B

342.6M

344.8M

1.19B

1.07B

998.4M

1.05B

948.8M

432.1M

432.7M

421.4M

Total Assets

46.27B

24.98B

23.54B

23.58B

22B

20.95B

20.37B

19.99B

17.93B

18.29B

14.81B

14.5B

14.17B

13.16B

12.54B

12.25B

11.1B

10.4B

10.43B

10.24B

Asset Turnover

0.08x

0.11x

0.12x

0.11x

0.12x

0.13x

0.14x

0.13x

0.12x

Asset Growth %

110.27%

19.22%

15.52%

17.93%

22.71%

14.54%

37.59%

37.86%

26.54%

38.96%

18.05%

18.34%

27.66%

26.57%

20.31%

19.65%

16.08%

9.61%

19.48%

12.97%

Total Current Liabilities

9.01B

8.01B

7.42B

7.99B

7.71B

7.55B

7.4B

7.68B

7.08B

7.77B

7.51B

7.74B

8.64B

8.48B

8.2B

8.31B

7.68B

7.41B

7.14B

5.12B

Accounts Payable

293M

262M

223M

232.2M

234.8M

149.3M

211.6M

116.3M

108.9M

178.8M

131.8M

132.3M

91.6M

128.3M

125.9M

128M

108M

120.4M

95.3M

56.9M

Days Payables Outstanding

25.36

32.57

32.82

31.64

27.6

27.71

27.23

18.06

25.21

28.63

25.7

20.32

20.61

25.08

25.29

22.05

23.07

24.48

18.4

16.5

Short-Term Debt

160M

79.2M

383.2M

533.8M

645.8M

963.9M

1.16B

1.82B

1.95B

1.99B

3.68B

3.67B

1.56B

Deferred Revenue (Current)

7.11B

6.25B

6.13B

6.3B

5.6B

5.51B

5.54B

5.01B

4.92B

4.73B

4.67B

4.15B

3.94B

3.74B

3.64B

3.15B

2.96B

2.8B

2.74B

Other Current Liabilities

937M

665M

766.8M

6.11B

777.6M

354.5M

554.7M

412.6M

394.2M

371.5M

548.3M

376.1M

328.9M

380.4M

461.1M

375.4M

324M

324.6M

430.6M

Current Ratio

0.86x

1.04x

0.93x

0.89x

0.90x

0.84x

0.89x

0.84x

0.83x

0.86x

0.78x

0.74x

0.64x

0.70x

0.77x

0.74x

0.66x

0.68x

0.91x

Quick Ratio

0.86x

1.04x

0.93x

0.89x

0.90x

0.84x

0.89x

0.84x

0.83x

0.82x

0.78x

0.74x

0.64x

0.70x

0.77x

0.74x

0.66x

0.68x

0.91x

Cash Conversion Cycle

153.65

Total Non-Current Liabilities

9.59B

7.58B

7.45B

7.76B

7.07B

7.02B

7.06B

7.14B

6.38B

6.17B

5.12B

5.02B

4.3B

3.96B

3.84B

3.74B

3.09B

2.88B

2.76B

4.36B

Long-Term Debt

1.19B

346M

1.67B

Capital Lease Obligations

719M

372M

346M

338.2M

345.7M

363M

379.6M

380.5M

369.8M

362.7M

275.8M

279.2M

264.5M

274.2M

283.1M

276.1M

275.7M

282.4M

299.5M

313.4M

Deferred Tax Liabilities

259M

75M

96M

89.1M

26.2M

116.1M

250.8M

387.7M

503M

588.5M

28.1M

Other Non-Current Liabilities

930M

949M

567M

886.8M

878M

882.6M

843.8M

430.9M

352.7M

317.8M

138M

86.1M

89.5M

73.6M

119.3M

108.4M

103M

102.9M

107M

97.7M

Total Liabilities

18.6B

15.59B

14.87B

15.75B

14.77B

14.58B

14.46B

14.82B

13.46B

13.93B

12.64B

12.75B

12.94B

12.43B

12.04B

10.76B

10.28B

9.91B

9.48B

Total Debt

2.07B

372M

692M

417.4M

806M

896.8M

1.03B

1.34B

1.53B

2.18B

2.22B

2.27B

3.95B

3.96B

3.95B

3.96B

3.97B

3.54B

Net Debt

-293M

-3.79B

-2.38B

-1.86B

-1.58B

-1.33B

-1.26B

-190.8M

150.4M

402M

-268.9M

1.14B

1.95B

2.61B

1.89B

1.83B

1.53B

2.03B

1.7B

1.67B

Debt / Equity

0.07x

0.04x

0.08x

0.05x

0.11x

0.14x

0.17x

0.26x

0.34x

0.50x

1.02x

1.30x

3.20x

5.42x

7.80x

18.82x

11.70x

33.58x

7.65x

4.64x

Debt / EBITDA

0.59x

1.74x

0.72x

2.63x

2.73x

2.77x

4.27x

6.10x

17.88x

7.95x

7.03x

26.14x

36.02x

46.12x

78.43x

166.03x

174.35x

Net Debt / EBITDA

-6.05x

-5.99x

-3.20x

-5.14x

-4.05x

-3.40x

-0.61x

0.60x

3.29x

-0.96x

3.52x

12.94x

23.75x

22.05x

36.40x

64.35x

82.03x

Interest Coverage

1479.75x

444.29x

361.56x

369.00x

1052.67x

109.87x

49.00x

98.10x

55.35x

17.79x

12.99x

5.79x

3.25x

-6.72x

-11.15x

-12.48x

-1.47x

Total Equity

27.67B

9.39B

8.66B

7.82B

7.23B

6.38B

5.91B

5.17B

4.47B

4.36B

2.17B

1.75B

1.23B

729M

508M

210M

337.6M

117.8M

518.9M

763.6M

Equity Growth %

282.66%

47.33%

46.57%

51.35%

61.84%

46.32%

172.37%

195.68%

262.53%

497.7%

327.26%

732.57%

265.05%

518.85%

-2.1%

-72.5%

-66.15%

-90.17%

-30.54%

-30.7%

Book Value per Share

37.19

13.17

12.22

11.04

10.22

8.99

8.34

7.30

6.30

6.09

3.10

2.47

1.79

1.10

0.75

0.31

0.57

0.20

0.89

1.31

Total Shareholders' Equity

27.67B

9.39B

8.66B

7.82B

7.23B

6.38B

5.91B

5.17B

4.47B

4.36B

2.17B

1.75B

1.23B

729M

508M

210M

337.6M

117.8M

518.9M

763.6M

Common Stock

24.61B

6.1B

5.78B

5.29B

4.95B

4.42B

4.21B

3.82B

3.53B

3.65B

3.3B

3.02B

2.71B

2.3B

2.27B

1.93B

2.07B

1.75B

2.03B

2.31B

Retained Earnings

3.07B

3.25B

2.82B

2.48B

2.23B

1.97B

1.7B

1.35B

992.5M

713.7M

-1.03B

-1.23B

-1.46B

-1.56B

-1.65B

-1.67B

-1.6B

-1.5B

-1.67B

Treasury Stock

Accumulated OCI

-13M

46M

67M

48.4M

48M

-13.9M

-4M

-1.6M

-55.4M

-6.5M

-93M

-43.2M

-20.7M

-11.1M

-111.1M

-55.6M

-58.3M

-30.2M

-11.3M

-9.9M

Minority Interest

Palo Alto Networks, Inc. (PANW) Quarterly Balance Sheet

120+ quarters historyFree accessUpdated daily

Palo Alto Networks, Inc. (PANW) quarterly balance sheet — complete assets, liabilities & equity history

Annual Quarterly

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Total Current Assets

7.71B

8.37B

6.89B

7.1B

6.9B

6.34B

6.24B

6.85B

5.92B

6.45B

6.48B

6.05B

6.41B

5.41B

5.73B

6.41B

5.7B

4.87B

4.84B

4.65B

Cash & Short-Term Investments

3.11B

4.54B

4.22B

2.9B

3.3B

3.23B

3.39B

2.58B

2.9B

3.37B

3.89B

2.39B

3.96B

3.35B

3.8B

3.63B

3.87B

3.34B

3.46B

2.9B

Cash Only

2.36B

4.16B

3.08B

2.28B

2.38B

2.23B

2.28B

1.54B

1.38B

1.78B

2.49B

1.14B

1.99B

1.35B

2.07B

2.12B

2.42B

1.92B

2.27B

1.87B

Short-Term Investments

747M

378M

1.14B

634.6M

916.8M

1.01B

1.11B

1.04B

1.52B

1.59B

1.4B

1.25B

1.97B

1.74B

1.52B

1.45B

1.42B

1.19B

1.03B

Accounts Receivable

3.44B

2.12B

2.08B

3.68B

2.69B

2.25B

1.94B

3.34B

2.29B

2.34B

1.86B

2.85B

1.44B

1.28B

1.24B

2.25B

1.24B

952.2M

812.1M

1.24B

Days Sales Outstanding

82.4

74.41

107.09

115.47

95.99

85.35

113.6

118.33

104.96

97.83

115.38

101.16

70.38

69.93

102.74

103.67

70.37

61.63

75.69

75.72

Inventory

328.7M

Days Inventory Outstanding

63.96

Other Current Assets

454M

1.1B

596M

520.5M

435.6M

856.5M

913.7M

384.7M

732.5M

733.9M

396.2M

339.2M

1.01B

780.8M

310.6M

317.7M

293.5M

285.1M

282M

365M

Total Non-Current Assets

37.99B

16.61B

16.64B

16.47B

15.1B

14.61B

14.13B

13.14B

12.01B

11.85B

8.33B

8.45B

7.76B

6.81B

5.84B

5.4B

5.53B

5.59B

Property, Plant & Equipment

1.18B

485M

747M

734.3M

724.3M

731.1M

750M

747M

720M

708.1M

626.9M

617.8M

590M

595.8M

614.1M

599.8M

595.5M

601.5M

576.1M

581.3M

Fixed Asset Turnover

3.60x

4.21x

3.34x

3.48x

3.15x

3.05x

2.86x

2.99x

2.78x

2.96x

3.02x

3.23x

2.90x

2.74x

2.58x

2.59x

2.32x

2.24x

2.16x

2.10x

Goodwill

21.9B

6.93B

4.57B

4.05B

3.35B

3.37B

2.93B

2.91B

2.75B

2.73B

2.71B

Intangible Assets

7.28B

1.25B

723M

762.7M

730.2M

771.4M

809.6M

374.9M

407.6M

440.1M

290.5M

315.4M

340.6M

361.7M

355.5M

384.5M

412.1M

443.9M

471.3M

498.6M

Long-Term Investments

4.66B

3.36B

6.84B

6.56B

5.15B

4.56B

4.12B

4.17B

3.5B

3.62B

2.99B

3.05B

2.71B

2.82B

2.09B

1.05B

714.7M

851M

898.8M

888.3M

Other Non-Current Assets

585M

2.19B

1.35B

1.43B

4.45B

2.05B

2.1B

1.72B

1.47B

342.6M

344.8M

1.19B

1.07B

998.4M

1.05B

948.8M

432.1M

432.7M

421.4M

Total Assets

46.27B

24.98B

23.54B

23.58B

22B

20.95B

20.37B

19.99B

17.93B

18.29B

14.81B

14.5B

14.17B

13.16B

12.54B

12.25B

11.1B

10.4B

10.43B

10.24B

Asset Turnover

0.08x

0.11x

0.12x

0.11x

0.12x

0.13x

0.14x

0.13x

0.12x

Asset Growth %

110.27%

19.22%

15.52%

17.93%

22.71%

14.54%

37.59%

37.86%

26.54%

38.96%

18.05%

18.34%

27.66%

26.57%

20.31%

19.65%

16.08%

9.61%

19.48%

12.97%

Total Current Liabilities

9.01B

8.01B

7.42B

7.99B

7.71B

7.55B

7.4B

7.68B

7.08B

7.77B

7.51B

7.74B

8.64B

8.48B

8.2B

8.31B

7.68B

7.41B

7.14B

5.12B

Accounts Payable

293M

262M

223M

232.2M

234.8M

149.3M

211.6M

116.3M

108.9M

178.8M

131.8M

132.3M

91.6M

128.3M

125.9M

128M

108M

120.4M

95.3M

56.9M

Days Payables Outstanding

25.36

32.57

32.82

31.64

27.6

27.71

27.23

18.06

25.21

28.63

25.7

20.32

20.61

25.08

25.29

22.05

23.07

24.48

18.4

16.5

Short-Term Debt

160M

79.2M

383.2M

533.8M

645.8M

963.9M

1.16B

1.82B

1.95B

1.99B

3.68B

3.67B

1.56B

Deferred Revenue (Current)

7.11B

6.25B

6.13B

6.3B

5.6B

5.51B

5.54B

5.01B

4.92B

4.73B

4.67B

4.15B

3.94B

3.74B

3.64B

3.15B

2.96B

2.8B

2.74B

Other Current Liabilities

937M

665M

766.8M

6.11B

777.6M

354.5M

554.7M

412.6M

394.2M

371.5M

548.3M

376.1M

328.9M

380.4M

461.1M

375.4M

324M

324.6M

430.6M

Current Ratio

0.86x

1.04x

0.93x

0.89x

0.90x

0.84x

0.89x

0.84x

0.83x

0.86x

0.78x

0.74x

0.64x

0.70x

0.77x

0.74x

0.66x

0.68x

0.91x

Quick Ratio

0.86x

1.04x

0.93x

0.89x

0.90x

0.84x

0.89x

0.84x

0.83x

0.82x

0.78x

0.74x

0.64x

0.70x

0.77x

0.74x

0.66x

0.68x

0.91x

Cash Conversion Cycle

153.65

Total Non-Current Liabilities

9.59B

7.58B

7.45B

7.76B

7.07B

7.02B

7.06B

7.14B

6.38B

6.17B

5.12B

5.02B

4.3B

3.96B

3.84B

3.74B

3.09B

2.88B

2.76B

4.36B

Long-Term Debt

1.19B

346M

1.67B

Capital Lease Obligations

719M

372M

346M

338.2M

345.7M

363M

379.6M

380.5M

369.8M

362.7M

275.8M

279.2M

264.5M

274.2M

283.1M

276.1M

275.7M

282.4M

299.5M

313.4M

Deferred Tax Liabilities

259M

75M

96M

89.1M

26.2M

116.1M

250.8M

387.7M

503M

588.5M

28.1M

Other Non-Current Liabilities

930M

949M

567M

886.8M

878M

882.6M

843.8M

430.9M

352.7M

317.8M

138M

86.1M

89.5M

73.6M

119.3M

108.4M

103M

102.9M

107M

97.7M

Total Liabilities

18.6B

15.59B

14.87B

15.75B

14.77B

14.58B

14.46B

14.82B

13.46B

13.93B

12.64B

12.75B

12.94B

12.43B

12.04B

10.76B

10.28B

9.91B

9.48B

Total Debt

2.07B

372M

692M

417.4M

806M

896.8M

1.03B

1.34B

1.53B

2.18B

2.22B

2.27B

3.95B

3.96B

3.95B

3.96B

3.97B

3.54B

Net Debt

-293M

-3.79B

-2.38B

-1.86B

-1.58B

-1.33B

-1.26B

-190.8M

150.4M

402M

-268.9M

1.14B

1.95B

2.61B

1.89B

1.83B

1.53B

2.03B

1.7B

1.67B

Debt / Equity

0.07x

0.04x

0.08x

0.05x

0.11x

0.14x

0.17x

0.26x

0.34x

0.50x

1.02x

1.30x

3.20x

5.42x

7.80x

18.82x

11.70x

33.58x

7.65x

4.64x

Debt / EBITDA

0.59x

1.74x

0.72x

2.63x

2.73x

2.77x

4.27x

6.10x

17.88x

7.95x

7.03x

26.14x

36.02x

46.12x

78.43x

166.03x

174.35x

Net Debt / EBITDA

-6.05x

-5.99x

-3.20x

-5.14x

-4.05x

-3.40x

-0.61x

0.60x

3.29x

-0.96x

3.52x

12.94x

23.75x

22.05x

36.40x

64.35x

82.03x

Interest Coverage

1479.75x

444.29x

361.56x

369.00x

1052.67x

109.87x

49.00x

98.10x

55.35x

17.79x

12.99x

5.79x

3.25x

-6.72x

-11.15x

-12.48x

-1.47x

Total Equity

27.67B

9.39B

8.66B

7.82B

7.23B

6.38B

5.91B

5.17B

4.47B

4.36B

2.17B

1.75B

1.23B

729M

508M

210M

337.6M

117.8M

518.9M

763.6M

Equity Growth %

282.66%

47.33%

46.57%

51.35%

61.84%

46.32%

172.37%

195.68%

262.53%

497.7%

327.26%

732.57%

265.05%

518.85%

-2.1%

-72.5%

-66.15%

-90.17%

-30.54%

-30.7%

Book Value per Share

37.19

13.17

12.22

11.04

10.22

8.99

8.34

7.30

6.30

6.09

3.10

2.47

1.79

1.10

0.75

0.31

0.57

0.20

0.89

1.31

Total Shareholders' Equity

27.67B

9.39B

8.66B

7.82B

7.23B

6.38B

5.91B

5.17B

4.47B

4.36B

2.17B

1.75B

1.23B

729M

508M

210M

337.6M

117.8M

518.9M

763.6M

Common Stock

24.61B

6.1B

5.78B

5.29B

4.95B

4.42B

4.21B

3.82B

3.53B

3.65B

3.3B

3.02B

2.71B

2.3B

2.27B

1.93B

2.07B

1.75B

2.03B

2.31B

Retained Earnings

3.07B

3.25B

2.82B

2.48B

2.23B

1.97B

1.7B

1.35B

992.5M

713.7M

-1.03B

-1.23B

-1.46B

-1.56B

-1.65B

-1.67B

-1.6B

-1.5B

-1.67B

Treasury Stock

Accumulated OCI

-13M

46M

67M

48.4M

48M

-13.9M

-4M

-1.6M

-55.4M

-6.5M

-93M

-43.2M

-20.7M

-11.1M

-111.1M

-55.6M

-58.3M

-30.2M

-11.3M

-9.9M

Minority Interest

PANW Balance Sheet

PANW Balance Sheet