Other

Prepaid expenses

Parker-Hannifin Prepaid expenses decreased by 20.4% to $292.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.2%, from $253.44M to $292.00M.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2026May 1, 2026

How to read this metric

Significant fluctuations may indicate changes in the timing of large annual contracts or operational scaling.

Detailed definition

These are payments made in advance for goods or services that will be received or consumed within the next twelve months...

Peer comparison

Standard across all industries; generally represents a small portion of total current assets.

Metric ID: other_prepaid_expense_current

Historical Data

8 periods
 Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$253.00M$249.15M$246.47M$253.44M$263.00M$296.00M$367.00M$292.00M
QoQ Change-1.5%-1.1%+2.8%+3.8%+12.5%+24.0%-20.4%
YoY Change+4.0%+18.8%+48.9%+15.2%
Range$246.47M$367.00M
CAGR+8.5%
Avg YoY Growth+21.7%
Median YoY Growth+17.0%

Frequently Asked Questions

What is Parker-Hannifin's prepaid expenses?
Parker-Hannifin (PH) reported prepaid expenses of $292.00M in Q1 2026.
How has Parker-Hannifin's prepaid expenses changed year-over-year?
Parker-Hannifin's prepaid expenses increased by 15.2% year-over-year, from $253.44M to $292.00M.
What does prepaid expenses mean?
Payments made in advance for services or goods that the company will receive within a year.