Non-Current Liabilities
Operating Lease Liabilities
Palo Alto Networks, Inc. Operating Lease Liabilities increased by 7.5% to $372.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.5%, from $363.00M to $372.00M. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities shows relatively stable performance with a 1.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ2 2016
Last reportedQ2 2026Feb 18, 2026
How to read this metric
An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.
Detailed definition
This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...
Peer comparison
Standard long-term liability for companies with significant real estate or equipment footprints.
Metric ID:
operating_lease_liabilities_non_currentHistorical 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 | $313.40M | $276.10M | $283.10M | $274.20M | $264.50M | $279.20M | $275.80M | $362.70M | $369.80M | $380.50M | $379.60M | $363.00M | $345.70M | $338.00M | $346.00M | $372.00M |
| QoQ Change | — | -11.9% | +2.5% | -3.1% | -3.5% | +5.6% | -1.2% | +31.5% | +2.0% | +2.9% | -0.2% | -4.4% | -4.8% | -2.2% | +2.4% | +7.5% |
| YoY Change | — | -11.9% | — | — | — | +1.1% | -2.6% | +32.3% | +39.8% | +36.3% | +37.6% | +0.1% | -6.5% | -11.2% | -8.9% | +2.5% |
Range$264.50M – $380.50M
CAGR+4.7%
Avg YoY Growth+9.1%
Median YoY Growth+0.6%
Current Streak2 quarters growth
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Palo Alto Networks, Inc.'s operating lease liabilities?
- Palo Alto Networks, Inc. (PANW) reported operating lease liabilities of $372.00M in Q4 2025.
- How has Palo Alto Networks, Inc.'s operating lease liabilities changed year-over-year?
- Palo Alto Networks, Inc.'s operating lease liabilities increased by 2.5% year-over-year, from $363.00M to $372.00M.
- What is the long-term trend for Palo Alto Networks, Inc.'s operating lease liabilities?
- Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s operating lease liabilities has grown at a 1.9% compound annual growth rate (CAGR), from $313.40M to $338.00M.
- What does operating lease liabilities mean?
- The amount of lease payments due after one year.