Palo Alto Networks, Inc. Intangibles (Net) increased by 72.8% to $1.25B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 61.9%, from $771.40M to $1.25B. Over 4 years (FY 2021 to FY 2025), Intangibles (Net) shows an upward trend with a 11.2% CAGR.
An increase often follows strategic acquisitions or significant R&D capitalization, while a decrease may indicate amortization or impairment charges.
This represents the net book value of non-physical assets, such as patents, trademarks, software, and customer relations...
Highly relevant for healthcare and technology firms; peers often disclose the composition of these assets in financial footnotes.
intangible_assets_net| 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 | $498.60M | $384.50M | $351.50M | $357.80M | $336.70M | $315.40M | $286.60M | $440.10M | $407.90M | $374.90M | $809.60M | $771.40M | $730.20M | $763.00M | $723.00M | $1.25B |
| QoQ Change | — | -22.9% | -8.6% | +1.8% | -5.9% | -6.3% | -9.1% | +53.6% | -7.3% | -8.1% | +116.0% | -4.7% | -5.3% | +4.5% | -5.2% | +72.8% |
| YoY Change | — | -22.9% | — | — | — | -18.0% | -18.5% | +23.0% | +21.1% | +18.9% | +182.5% | +75.3% | +79.0% | +103.5% | -10.7% | +61.9% |