Non-Current Assets

PP&E (Net)

Palo Alto Networks, Inc. PP&E (Net) increased by 4.3% to $506.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 37.9%, from $367.00M to $506.00M. Over 4 years (FY 2021 to FY 2025), PP&E (Net) shows an upward trend with a 5.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ3 2026Jun 3, 2026

How to read this metric

Growth in this metric indicates physical expansion or investment in infrastructure, while a decline may reflect asset aging or a shift to cloud-based infrastructure.

Detailed definition

This represents the net book value of tangible long-lived assets, such as office buildings, data center hardware, and co...

Peer comparison

Lower relative to total assets for pure-play software firms compared to hardware-heavy manufacturers.

Metric ID: property_plant_equipment_net

Historical Data

17 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$318.40M$357.80M$353.70M$344.70M$341.70M$354.50M$352.60M$352.30M$350.30M$361.10M$361.00M$358.20M$367.00M$387.00M$394.00M$485.00M$506.00M
QoQ Change+12.4%-1.1%-2.5%-0.9%+3.7%-0.5%-0.1%-0.6%+3.1%-0.0%-0.8%+2.5%+5.4%+1.8%+23.1%+4.3%
YoY Change+12.4%-0.9%-0.3%+2.2%+2.5%+1.9%+2.4%+1.7%+4.8%+7.2%+9.1%+35.4%+37.9%
Range$318.40M$506.00M
CAGR+12.3%
Avg YoY Growth+8.9%
Median YoY Growth+2.5%
Current Streak5 quarters growth

Geographic Breakdown — United States

View all
SegmentQ4 '22Q4 '24
United States$446.10M$438.90M
Israel$55.40M$141.10M
Total$357.80M$361.10M

Geographic Breakdown — Other countries

View all
SegmentQ4 '22
Other countries$98.30M
Total$357.80M

Frequently Asked Questions

What is Palo Alto Networks, Inc.'s pp&e (net)?
Palo Alto Networks, Inc. (PANW) reported pp&e (net) of $506.00M in Q1 2026.
How has Palo Alto Networks, Inc.'s pp&e (net) changed year-over-year?
Palo Alto Networks, Inc.'s pp&e (net) increased by 37.9% year-over-year, from $367.00M to $506.00M.
What is the long-term trend for Palo Alto Networks, Inc.'s pp&e (net)?
Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s pp&e (net) has grown at a 5.0% compound annual growth rate (CAGR), from $318.40M to $387.00M.
What does pp&e (net) mean?
The value of the company's physical assets like buildings and equipment, minus depreciation.