Other

Unrecorded Unconditional Purchase Obligation

Palo Alto Networks, Inc. Unrecorded Unconditional Purchase Obligation increased by 1.2% to $6.79B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 58.9%, from $4.27B to $6.79B. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ2 2016
Last reportedQ2 2026Feb 18, 2026

How to read this metric

An increase indicates higher future cash commitments, which could impact future liquidity and financial flexibility.

Detailed definition

This represents future payment obligations under non-cancelable purchase contracts that are not yet recognized as liabil...

Peer comparison

Often disclosed in footnotes; high levels relative to revenue may indicate significant supply chain dependency.

Metric ID: other_unrecorded_unconditional_purchase_obligation_balan_a30cd0

Historical Data

7 periods
 Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26Q2 '26
Value$5.05B$4.60B$4.45B$4.27B$4.21B$6.71B$6.79B
QoQ Change-8.9%-3.2%-4.0%-1.6%+59.4%+1.2%
YoY Change-15.3%-8.5%+50.7%+58.9%
Range$4.21B$6.79B
CAGR+21.9%
Avg YoY Growth+21.4%
Median YoY Growth+21.1%
Current Streak2 quarters growth

Unrecorded Unconditional Purchase Obligation at Other Companies

Frequently Asked Questions

What is Palo Alto Networks, Inc.'s unrecorded unconditional purchase obligation?
Palo Alto Networks, Inc. (PANW) reported unrecorded unconditional purchase obligation of $6.79B in Q4 2025.
How has Palo Alto Networks, Inc.'s unrecorded unconditional purchase obligation changed year-over-year?
Palo Alto Networks, Inc.'s unrecorded unconditional purchase obligation increased by 58.9% year-over-year, from $4.27B to $6.79B.
What does unrecorded unconditional purchase obligation mean?
Future payment commitments for goods or services that are not yet recorded as liabilities.