What is Palo Alto Networks, Inc.'s cash & equivalents?

Palo Alto Networks, Inc. (PANW) reported cash & equivalents of $2.37B in Q1 2026.

How has Palo Alto Networks, Inc.'s cash & equivalents changed year-over-year?

Palo Alto Networks, Inc.'s cash & equivalents decreased by 0.9% year-over-year, from $2.40B to $2.37B.

What is the long-term trend for Palo Alto Networks, Inc.'s cash & equivalents?

Over 5 years (2020 to 2025), Palo Alto Networks, Inc.'s cash & equivalents has grown at a -5.1% compound annual growth rate (CAGR), from $2.96B to $2.28B.

What does cash & equivalents mean?

The total amount of cash and highly liquid assets the company has available for immediate use.

Current Assets

Cash & Equivalents

Palo Alto Networks, Inc. Cash & Equivalents decreased by 43.0% to $2.37B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.9%, from $2.40B to $2.37B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows a downward trend with a -5.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionCurrent Assets

CategoryLiquidity

SignalHigher is better

VolatilityModerate

First reportedQ4 2013

Last reportedQ3 2026Jun 3, 2026

How to read this metric

An increase suggests strong liquidity and financial flexibility, while a decrease may indicate heavy capital deployment or cash burn.

Detailed definition

This represents the most liquid assets held by the company, including cash on hand, demand deposits, and highly liquid i...

Peer comparison

Peers in the software and cybersecurity space typically maintain high cash balances to support rapid innovation and M&A activity.

Metric ID: cash_and_equivalents

Historical Data

21 periods

	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	$1.89B	$1.88B	$2.28B	$1.93B	$2.43B	$2.12B	$2.07B	$1.35B	$2.00B	$1.14B	$2.50B	$1.79B	$1.38B	$1.55B	$2.29B	$2.24B	$2.40B	$2.28B	$3.08B	$4.17B	$2.37B
QoQ Change	—	-0.6%	+21.2%	-15.4%	+25.9%	-12.4%	-2.4%	-34.8%	+47.9%	-42.9%	+118.6%	-28.4%	-22.8%	+11.9%	+48.2%	-2.4%	+7.1%	-4.8%	+34.9%	+35.5%	-43.0%
YoY Change	—	—	—	—	+28.2%	+13.0%	-9.0%	-29.9%	-17.6%	-46.2%	+20.5%	+32.3%	-30.9%	+35.4%	-8.2%	+25.0%	+73.3%	+47.3%	+34.1%	+86.2%	-0.9%

Range$1.14B – $4.17B

CAGR+4.6%

Avg YoY Growth+14.9%

Median YoY Growth+20.5%

Cash & Equivalents at Other Companies

MicrosoftMSFT View metric

Cisco Systems, Inc.CSCO View metric

F5, Inc.FFIV View metric

Akamai TechnologiesAKAM View metric

FortinetFTNT View metric

Cloudflare, Inc.NET View metric

Frequently Asked Questions

What is Palo Alto Networks, Inc.'s cash & equivalents?: Palo Alto Networks, Inc. (PANW) reported cash & equivalents of $2.37B in Q1 2026.
How has Palo Alto Networks, Inc.'s cash & equivalents changed year-over-year?: Palo Alto Networks, Inc.'s cash & equivalents decreased by 0.9% year-over-year, from $2.40B to $2.37B.
What is the long-term trend for Palo Alto Networks, Inc.'s cash & equivalents?: Over 5 years (2020 to 2025), Palo Alto Networks, Inc.'s cash & equivalents has grown at a -5.1% compound annual growth rate (CAGR), from $2.96B to $2.28B.
What does cash & equivalents mean?: The total amount of cash and highly liquid assets the company has available for immediate use.