Palo Alto Networks, Inc. Operating Lease ROU Assets increased by 84.2% to $678.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 89.8%, from $357.30M to $678.00M. Over 4 years (FY 2021 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 7.2% CAGR.
Changes reflect shifts in real estate strategy, such as office consolidation or expansion.
This represents the right to use leased assets, such as office space, over the lease term as recognized under accounting...
Common across all large enterprises, varying based on the company's remote work and real estate footprint policies.
operating_lease_rou_assets| 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 | $262.90M | $242.00M | $260.40M | $251.10M | $248.30M | $263.30M | $274.30M | $355.80M | $369.70M | $385.90M | $389.00M | $372.90M | $357.30M | $347.00M | $353.00M | $368.00M | $678.00M |
| QoQ Change | — | -7.9% | +7.6% | -3.6% | -1.1% | +6.0% | +4.2% | +29.7% | +3.9% | +4.4% | +0.8% | -4.1% | -4.2% | -2.9% | +1.7% | +4.2% | +84.2% |
| YoY Change | — | -7.9% | — | — | — | +8.8% | +5.3% | +41.7% | +48.9% | +46.6% | +41.8% | +4.8% | -3.4% | -10.1% | -9.3% | -1.3% | +89.8% |