Current Liabilities
Accrued Expenses
Palo Alto Networks, Inc. Accrued Expenses decreased by 15.5% to $562.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 27.7%, from $777.60M to $562.00M. Over 4 years (FY 2021 to FY 2025), Accrued Expenses shows an upward trend with a 16.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ2 2026Feb 18, 2026
How to read this metric
A steady balance is normal, but a rapid increase could indicate rising operational costs or delays in vendor invoicing.
Detailed definition
This represents liabilities for expenses that have been incurred but not yet invoiced or paid, such as utilities, profes...
Peer comparison
Standard current liability found in almost all corporate balance sheets.
Metric ID:
accrued_expensesHistorical Data
16 periods
| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $329.40M | $399.20M | $380.40M | $328.90M | $376.10M | $390.80M | $371.50M | $394.20M | $412.60M | $506.70M | $683.10M | $777.60M | $824.60M | $608.00M | $665.00M | $562.00M |
| QoQ Change | — | +21.2% | -4.7% | -13.5% | +14.4% | +3.9% | -4.9% | +6.1% | +4.7% | +22.8% | +34.8% | +13.8% | +6.0% | -26.3% | +9.4% | -15.5% |
| YoY Change | — | +21.2% | — | — | — | -2.1% | -2.3% | +19.9% | +9.7% | +29.7% | +83.9% | +97.3% | +99.9% | +20.0% | -2.6% | -27.7% |
Range$328.90M – $824.60M
CAGR+15.3%
Avg YoY Growth+28.9%
Median YoY Growth+19.9%
Accrued Expenses at Other Companies
Frequently Asked Questions
- What is Palo Alto Networks, Inc.'s accrued expenses?
- Palo Alto Networks, Inc. (PANW) reported accrued expenses of $562.00M in Q4 2025.
- How has Palo Alto Networks, Inc.'s accrued expenses changed year-over-year?
- Palo Alto Networks, Inc.'s accrued expenses decreased by 27.7% year-over-year, from $777.60M to $562.00M.
- What is the long-term trend for Palo Alto Networks, Inc.'s accrued expenses?
- Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s accrued expenses has grown at a 16.6% compound annual growth rate (CAGR), from $329.40M to $608.00M.
- What does accrued expenses mean?
- Expenses the company has incurred but has not yet received a bill for or paid.