Non-Current Liabilities
Operating Lease Liabilities
Palo Alto Networks, Inc. Operating Lease Liabilities increased by 93.3% to $719.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 108.0%, from $345.70M to $719.00M. Over 4 years (FY 2021 to FY 2025), Operating Lease Liabilities shows relatively stable performance with a 1.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ2 2016
Last reportedQ3 2026Jun 3, 2026
How to read this metric
Changes reflect the company's long-term real estate or equipment leasing strategy and footprint expansion.
Detailed definition
This represents the long-term portion of obligations arising from operating leases for assets like office space or equip...
Peer comparison
Standardized metric for comparing capital intensity and fixed cost structures across peers.
Metric ID:
operating_lease_liabilities_non_currentHistorical Data
17 periods
| Q4 '21 | 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 | $313.40M | $276.10M | $283.10M | $274.20M | $264.50M | $279.20M | $275.80M | $362.70M | $369.80M | $380.50M | $379.60M | $363.00M | $345.70M | $338.00M | $346.00M | $372.00M | $719.00M |
| QoQ Change | — | -11.9% | +2.5% | -3.1% | -3.5% | +5.6% | -1.2% | +31.5% | +2.0% | +2.9% | -0.2% | -4.4% | -4.8% | -2.2% | +2.4% | +7.5% | +93.3% |
| YoY Change | — | -11.9% | — | — | — | +1.1% | -2.6% | +32.3% | +39.8% | +36.3% | +37.6% | +0.1% | -6.5% | -11.2% | -8.9% | +2.5% | +108.0% |
Range$264.50M – $719.00M
CAGR+23.1%
Avg YoY Growth+16.7%
Median YoY Growth+1.1%
Current Streak3 quarters growth
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Palo Alto Networks, Inc.'s operating lease liabilities?
- Palo Alto Networks, Inc. (PANW) reported operating lease liabilities of $719.00M in Q1 2026.
- How has Palo Alto Networks, Inc.'s operating lease liabilities changed year-over-year?
- Palo Alto Networks, Inc.'s operating lease liabilities increased by 108.0% year-over-year, from $345.70M to $719.00M.
- What is the long-term trend for Palo Alto Networks, Inc.'s operating lease liabilities?
- Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s operating lease liabilities has grown at a 1.9% compound annual growth rate (CAGR), from $313.40M to $338.00M.
- What does operating lease liabilities mean?
- Long-term debt obligations related to rented assets.