Cash & Equivalents
Palo Alto Networks, Inc. Cash & Equivalents increased by 34.9% to $3.08B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 34.1%, from $2.29B to $3.08B. Over 4 years (FY 2021 to FY 2025), Cash & Equivalents shows an upward trend with a 6.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| Q2 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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% |
| 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% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Palo Alto Networks, Inc.'s cash & equivalents?
- Palo Alto Networks, Inc. (PANW) reported cash & equivalents of $3.08B in Q4 2025.
- How has Palo Alto Networks, Inc.'s cash & equivalents changed year-over-year?
- Palo Alto Networks, Inc.'s cash & equivalents increased by 34.1% year-over-year, from $2.29B to $3.08B.
- What is the long-term trend for Palo Alto Networks, Inc.'s cash & equivalents?
- Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s cash & equivalents has grown at a 6.1% compound annual growth rate (CAGR), from $1.89B to $2.40B.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.