What is Palo Alto Networks, Inc.'s deferred tax assets?

Palo Alto Networks, Inc. (PANW) reported deferred tax assets of $259.00M in Q1 2026.

How has Palo Alto Networks, Inc.'s deferred tax assets changed year-over-year?

Palo Alto Networks, Inc.'s deferred tax assets increased by 888.5% year-over-year, from $26.20M to $259.00M.

What is the long-term trend for Palo Alto Networks, Inc.'s deferred tax assets?

Over 2 years (2023 to 2025), Palo Alto Networks, Inc.'s deferred tax assets has grown at a 78.0% compound annual growth rate (CAGR), from $28.10M to $89.00M.

What does deferred tax assets mean?

Future tax savings resulting from accounting differences or past losses.

Non-Current Assets

Deferred Tax Assets

Palo Alto Networks, Inc. Deferred Tax Assets increased by 245.3% to $259.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 888.5%, from $26.20M to $259.00M. Over 2 years (FY 2023 to FY 2025), Deferred Tax Assets shows an upward trend with a 78.0% CAGR.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryRisk

SignalContext dependent

VolatilityModerate

First reportedQ4 2023

Last reportedQ3 2026Jun 3, 2026

How to read this metric

An increase may signal future tax savings, while a decrease suggests the utilization of tax benefits or changes in tax valuation allowances.

Detailed definition

These are future tax benefits arising from deductible temporary differences between the carrying amount of assets or lia...

Peer comparison

Common across large enterprises with complex global tax structures.

Metric ID: deferred_tax_assets

Historical Data

11 periods

	Q4 '23	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Value	$28.10M	$588.50M	$503.00M	$387.70M	$250.80M	$116.10M	$26.20M	$89.00M	$96.00M	$75.00M	$259.00M
QoQ Change	—	>999%	-14.5%	-22.9%	-35.3%	-53.7%	-77.4%	+239.7%	+7.9%	-21.9%	+245.3%
YoY Change	—	—	—	>999%	—	-80.3%	-94.8%	-77.0%	-61.7%	-35.4%	+888.5%

Range$26.20M – $588.50M

CAGR+143.1%

Avg YoY Growth+259.9%

Median YoY Growth-61.7%

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Frequently Asked Questions

What is Palo Alto Networks, Inc.'s deferred tax assets?: Palo Alto Networks, Inc. (PANW) reported deferred tax assets of $259.00M in Q1 2026.
How has Palo Alto Networks, Inc.'s deferred tax assets changed year-over-year?: Palo Alto Networks, Inc.'s deferred tax assets increased by 888.5% year-over-year, from $26.20M to $259.00M.
What is the long-term trend for Palo Alto Networks, Inc.'s deferred tax assets?: Over 2 years (2023 to 2025), Palo Alto Networks, Inc.'s deferred tax assets has grown at a 78.0% compound annual growth rate (CAGR), from $28.10M to $89.00M.
What does deferred tax assets mean?: Future tax savings resulting from accounting differences or past losses.