Accumulated Depreciation
Palo Alto Networks, Inc. Accumulated Depreciation increased by 8.9% to $464.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 36.1%, from $725.80M to $464.00M. Over 3 years (FY 2022 to FY 2025), Accumulated Depreciation shows relatively stable performance with a -0.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.
Detailed definition
This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...
Peer comparison
Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.
ppe_accumulated_depreciationHistorical Data
| 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 | $414.40M | $443.50M | $468.30M | $494.10M | $519.30M | $544.20M | $572.60M | $606.00M | $640.20M | $681.50M | $725.80M | $769.00M | $407.00M | $426.00M | $464.00M |
| QoQ Change | — | +7.0% | +5.6% | +5.5% | +5.1% | +4.8% | +5.2% | +5.8% | +5.6% | +6.5% | +6.5% | +6.0% | -47.1% | +4.7% | +8.9% |
| YoY Change | — | — | — | — | +25.3% | +22.7% | +22.3% | +22.6% | +23.3% | +25.2% | +26.8% | +26.9% | -36.4% | -37.5% | -36.1% |
| % of PP&E (Net) | 115.8% | 125.4% | 135.9% | 144.6% | 146.5% | 154.3% | 162.5% | 173.0% | 177.3% | 188.8% | 202.6% | 209.5% | 105.2% | 108.1% | 95.7% |
| Share Change | — | +9.6pp | +10.5pp | +8.7pp | +1.9pp | +7.9pp | +8.2pp | +10.5pp | +4.3pp | +11.5pp | +13.8pp | +6.9pp | -104.4pp | +3.0pp | -12.5pp |
Accumulated Depreciation at Other Companies
Frequently Asked Questions
- What is Palo Alto Networks, Inc.'s accumulated depreciation?
- Palo Alto Networks, Inc. (PANW) reported accumulated depreciation of $464.00M in Q4 2025.
- How has Palo Alto Networks, Inc.'s accumulated depreciation changed year-over-year?
- Palo Alto Networks, Inc.'s accumulated depreciation decreased by 36.1% year-over-year, from $725.80M to $464.00M.
- What is the long-term trend for Palo Alto Networks, Inc.'s accumulated depreciation?
- Over 3 years (2022 to 2025), Palo Alto Networks, Inc.'s accumulated depreciation has grown at a -0.6% compound annual growth rate (CAGR), from $414.40M to $407.00M.
- What does accumulated depreciation mean?
- The total amount of depreciation recorded against physical assets over time.