Palo Alto Networks, Inc. Total Current Assets decreased by 7.8% to $7.71B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $6.90B to $7.71B. Over 4 years (FY 2021 to FY 2025), Total Current Assets shows an upward trend with a 12.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An upward trend generally indicates a growing business with sufficient resources to cover short-term obligations.
This is the aggregate value of all assets that are expected to be converted into cash or consumed within one year. It pr...
High current assets are typical for platform-based software companies with strong balance sheets.
total_current_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 | $4.65B | $6.41B | $5.73B | $5.41B | $6.41B | $6.05B | $6.48B | $6.45B | $5.92B | $6.85B | $6.24B | $6.34B | $6.90B | $7.52B | $7.31B | $8.37B | $7.71B |
| QoQ Change | — | +38.0% | -10.6% | -5.7% | +18.6% | -5.7% | +7.1% | -0.5% | -8.2% | +15.7% | -8.9% | +1.6% | +8.8% | +9.0% | -2.8% | +14.5% | -7.8% |
| YoY Change | — | +38.0% | — | — | — | -5.7% | +13.0% | +19.3% | -7.7% | +13.3% | -3.6% | -1.7% | +16.6% | +9.8% | +17.1% | +32.0% | +11.8% |