Accounts Receivable
Palo Alto Networks, Inc. Accounts Receivable increased by 34.8% to $2.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 46.3%, from $1.95B to $2.85B. Over 4 years (FY 2021 to FY 2025), Accounts Receivable shows an upward trend with a 68.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decrease relative to revenue growth suggests efficient collection cycles, while an increase may signal credit risk or delayed payments.
Detailed definition
This represents the balance of money owed to the company by customers for goods or services delivered, adjusted for expe...
Peer comparison
Cybersecurity firms with enterprise-heavy customer bases often have longer collection cycles compared to consumer-facing software companies.
accounts_receivable_netHistorical Data
| Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | 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 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $97.40M | $1.24B | -$428.40M | $140.10M | $288.40M | $2.14B | $1.24B | $1.28B | $1.44B | $2.46B | $1.41B | $1.90B | $1.72B | $2.62B | $1.13B | $1.50B | $1.95B | $2.97B | $1.34B | $2.12B | $2.85B |
| QoQ Change | — | >999% | -134.5% | +132.7% | +105.9% | +642.9% | -42.2% | +3.2% | +12.9% | +70.6% | -42.6% | +34.2% | -9.5% | +52.7% | -56.7% | +32.0% | +30.4% | +52.1% | -54.7% | +57.6% | +34.8% |
| YoY Change | — | — | — | — | +196.1% | +72.7% | +389.0% | +812.3% | +400.6% | +15.0% | +14.1% | +48.4% | +18.8% | +6.3% | -19.8% | -21.1% | +13.7% | +13.2% | +18.5% | +41.5% | +46.3% |
Accounts Receivable at Other Companies
Frequently Asked Questions
- What is Palo Alto Networks, Inc.'s accounts receivable?
- Palo Alto Networks, Inc. (PANW) reported accounts receivable of $2.85B in Q1 2026.
- How has Palo Alto Networks, Inc.'s accounts receivable changed year-over-year?
- Palo Alto Networks, Inc.'s accounts receivable increased by 46.3% year-over-year, from $1.95B to $2.85B.
- What is the long-term trend for Palo Alto Networks, Inc.'s accounts receivable?
- Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s accounts receivable has grown at a 68.4% compound annual growth rate (CAGR), from $939.10M to $7.54B.
- What does accounts receivable mean?
- The amount of money customers owe the company for products or services already provided.