Current Assets
Palo Alto Networks, Inc.·Balance Sheet Statement·21 metrics
Breakdown
| Metric | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | $6.8B | $6.2B | $6.3B | $6.9B | $7.5B | $7.3B | $8.4B | $7.7B |
| Available-for-Sale Debt Securities - Amortized Cost | — | $5.5B | $5.8B | $6.6B | — | $8.1B | $5.5B | $4.9B |
| Accounts receivable, net | $2.6B | $1.1B | $1.5B | $2.0B | $3.0B | $1.3B | $2.1B | $2.9B |
| Cash and cash equivalents | $1.5B | $2.3B | $2.2B | $2.4B | $2.3B | $3.1B | $4.2B | $2.4B |
| Equipment Installment Plan Receivables, Gross | $1.9B | $1.9B | $1.9B | $1.8B | $1.7B | $1.6B | $1.6B | $1.4B |
| Available-for-Sale Debt Securities - Fair Value (Maturing Within 1 Year) | — | $1.4B | $1.3B | $1.5B | — | $2.2B | $2.2B | $1.1B |
| Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year) | — | $1.4B | $1.3B | $1.5B | — | $2.2B | $2.2B | $1.1B |
| Available-for-Sale Debt Securities - Amortized Cost (<1 Year) | — | $1.4B | $1.3B | $1.5B | — | $2.2B | $2.2B | $1.1B |
| Financing Receivables | $1.3B | $1.2B | $1.3B | $1.2B | $1.1B | $927.0M | $937.0M | $834.0M |
| Short-term investments | $1.0B | $1.1B | $1.0B | $916.8M | $635.0M | $1.1B | $378.0M | $747.0M |
| Prepaid expenses and other current assets | $557.4M | $546.1M | $480.4M | $524.4M | $520.0M | $605.0M | $621.0M | $705.0M |
| Finance Receivables (Current) | $725.9M | $805.1M | $754.9M | $737.3M | $715.0M | $737.0M | $672.0M | $591.0M |
| Capitalized Contract Costs, Current | $369.0M | $367.6M | $376.1M | $387.1M | $419.0M | $415.0M | $424.0M | $454.0M |
| Deferred costs | $369.0M | $367.6M | $376.1M | $387.1M | $419.0M | $415.0M | $424.0M | $454.0M |
| Derivative assets | — | — | — | — | $0.0 | — | — | $94.0M |
| Derivative Assets - Not Designated as Hedging Instruments | — | — | — | — | $58.0M | — | $80.0M | $64.0M |
| Allowance for Credit Losses on Financing Receivables | $9.7M | $7.9M | $9.6M | $8.5M | $8.0M | $9.0M | $9.0M | $8.0M |
| Allowance for Doubtful Accounts | $7.5M | $8.6M | $8.5M | $10.6M | $10.0M | $14.0M | $13.0M | $6.0M |
| Allowance for Doubtful Accounts Receivable (Current) | $7.5M | $8.6M | $8.5M | $10.6M | $10.0M | $14.0M | $13.0M | $6.0M |
| Restricted cash | — | $10.0M | $11.0M | $12.0M | — | $9.0M | $4.0M | $6.0M |
| Allowance for Credit Losses - Receivable (Current) | $8.6M | $7.5M | $5.8M | $5.0M | $5.0M | $6.0M | $7.0M | $5.0M |