Non-Current Assets
PP&E (Net)
Palo Alto Networks, Inc. PP&E (Net) increased by 23.1% to $485.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 35.4%, from $358.20M to $485.00M. Over 4 years (FY 2021 to FY 2025), PP&E (Net) shows an upward trend with a 5.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ2 2026Feb 18, 2026
How to read this metric
An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.
Detailed definition
This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...
Peer comparison
Standard line item for all manufacturing and industrial companies; directly comparable across peers.
Metric ID:
property_plant_equipment_netHistorical 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 | $318.40M | $357.80M | $353.70M | $344.70M | $341.70M | $354.50M | $352.60M | $352.30M | $350.30M | $361.10M | $361.00M | $358.20M | $367.00M | $387.00M | $394.00M | $485.00M |
| QoQ Change | — | +12.4% | -1.1% | -2.5% | -0.9% | +3.7% | -0.5% | -0.1% | -0.6% | +3.1% | -0.0% | -0.8% | +2.5% | +5.4% | +1.8% | +23.1% |
| YoY Change | — | +12.4% | — | — | — | -0.9% | -0.3% | +2.2% | +2.5% | +1.9% | +2.4% | +1.7% | +4.8% | +7.2% | +9.1% | +35.4% |
Range$318.40M – $485.00M
CAGR+11.9%
Avg YoY Growth+6.5%
Median YoY Growth+2.4%
Current Streak4 quarters growth
Geographic Breakdown — United States
| Segment | Q4 '22 | Q4 '24 |
|---|---|---|
| United States | $446.10M | $438.90M |
| Israel | $55.40M | $141.10M |
| Total | $357.80M | $361.10M |
Geographic Breakdown — Other countries
| Segment | Q4 '22 |
|---|---|
| Other countries | $98.30M |
| Total | $357.80M |
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Palo Alto Networks, Inc.'s pp&e (net)?
- Palo Alto Networks, Inc. (PANW) reported pp&e (net) of $485.00M in Q4 2025.
- How has Palo Alto Networks, Inc.'s pp&e (net) changed year-over-year?
- Palo Alto Networks, Inc.'s pp&e (net) increased by 35.4% year-over-year, from $358.20M to $485.00M.
- What is the long-term trend for Palo Alto Networks, Inc.'s pp&e (net)?
- Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s pp&e (net) has grown at a 5.0% compound annual growth rate (CAGR), from $318.40M to $387.00M.
- What does pp&e (net) mean?
- The current book value of physical assets after accounting for wear and tear.