Current Assets

Accounts Receivable

Palo Alto Networks, Inc. Accounts Receivable increased by 57.6% to $2.12B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 41.5%, from $1.50B to $2.12B. Over 4 years (FY 2021 to FY 2025), Accounts Receivable shows an upward trend with a 68.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ2 2026Feb 18, 2026

How to read this metric

Rapid growth relative to sales may indicate collection issues or aggressive revenue recognition; stability suggests efficient cash conversion.

Detailed definition

This represents the total amount owed to the company by customers for goods or services delivered, minus the allowance f...

Peer comparison

Standard metric for all companies with B2B or credit-based sales models.

Metric ID: accounts_receivable_net

Historical Data

20 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Value$97.40M$1.24B-$428.40M$140.10M$288.40M$2.14B$1.24B$1.28B$1.44B$2.46B$1.41B$1.90B$1.72B$2.62B$1.13B$1.50B$1.95B$2.97B$1.34B$2.12B
QoQ Change>999%-134.5%+132.7%+105.9%+642.9%-42.2%+3.2%+12.9%+70.6%-42.6%+34.2%-9.5%+52.7%-56.7%+32.0%+30.4%+52.1%-54.7%+57.6%
YoY Change+196.1%+72.7%+389.0%+812.3%+400.6%+15.0%+14.1%+48.4%+18.8%+6.3%-19.8%-21.1%+13.7%+13.2%+18.5%+41.5%
Range-$428.40M$2.97B
CAGR+91.2%
Avg YoY Growth+126.2%
Median YoY Growth+18.7%

Frequently Asked Questions

What is Palo Alto Networks, Inc.'s accounts receivable?
Palo Alto Networks, Inc. (PANW) reported accounts receivable of $2.12B in Q4 2025.
How has Palo Alto Networks, Inc.'s accounts receivable changed year-over-year?
Palo Alto Networks, Inc.'s accounts receivable increased by 41.5% year-over-year, from $1.50B to $2.12B.
What is the long-term trend for Palo Alto Networks, Inc.'s accounts receivable?
Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s accounts receivable has grown at a 68.4% compound annual growth rate (CAGR), from $939.10M to $7.54B.
What does accounts receivable mean?
The net amount of money owed by customers after accounting for potential non-payments.