Discontinued — last reported Q3 '25
Operating
Non-Cash Lease Expense
Palo Alto Networks, Inc. Non-Cash Lease Expense decreased by 5.6% to $17.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.3%, from $16.00M to $17.00M. Over 3 years (FY 2022 to FY 2025), Non-Cash Lease Expense shows an upward trend with a 6.3% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2018
Last reportedQ3 2025
How to read this metric
An increase suggests an expansion of the company's physical footprint or equipment leasing arrangements.
Detailed definition
This reflects the non-cash amortization of right-of-use assets associated with operating leases under accounting standar...
Peer comparison
Standard for all companies reporting under modern lease accounting standards.
Metric ID:
operating_lease_expenseHistorical Data
19 periods
| 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 | $11.90M | $12.70M | $12.40M | $12.40M | $16.90M | $12.10M | $12.50M | $12.10M | $13.20M | $12.40M | $13.70M | $14.60M | $14.60M | $16.00M | $16.00M | $16.10M | $17.30M | $18.00M | $17.00M |
| QoQ Change | — | +6.7% | -2.4% | +0.0% | +36.3% | -28.4% | +3.3% | -3.2% | +9.1% | -6.1% | +10.5% | +6.6% | +0.0% | +9.6% | +0.0% | +0.6% | +7.5% | +4.0% | -5.6% |
| YoY Change | — | — | — | — | +42.0% | -4.7% | +0.8% | -2.4% | -21.9% | +2.5% | +9.6% | +20.7% | +10.6% | +29.0% | +16.8% | +10.3% | +18.5% | +12.5% | +6.3% |
Range$11.90M – $18.00M
CAGR+8.2%
Avg YoY Growth+10.0%
Median YoY Growth+10.3%
Non-Cash Lease Expense at Other Companies
Frequently Asked Questions
- What is Palo Alto Networks, Inc.'s non-cash lease expense?
- Palo Alto Networks, Inc. (PANW) reported non-cash lease expense of $17.00M in Q4 2025.
- How has Palo Alto Networks, Inc.'s non-cash lease expense changed year-over-year?
- Palo Alto Networks, Inc.'s non-cash lease expense increased by 6.3% year-over-year, from $16.00M to $17.00M.
- What is the long-term trend for Palo Alto Networks, Inc.'s non-cash lease expense?
- Over 3 years (2022 to 2025), Palo Alto Networks, Inc.'s non-cash lease expense has grown at a 6.3% compound annual growth rate (CAGR), from $54.40M to $65.40M.
- What does non-cash lease expense mean?
- The non-cash accounting charge for the use of leased assets.