Current Assets

Total Current Assets

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.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026Jun 3, 2026

How to read this metric

An upward trend generally indicates a growing business with sufficient resources to cover short-term obligations.

Detailed definition

This is the aggregate value of all assets that are expected to be converted into cash or consumed within one year. It pr...

Peer comparison

High current assets are typical for platform-based software companies with strong balance sheets.

Metric ID: total_current_assets

Historical Data

17 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '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%
Range$4.65B$8.37B
CAGR+13.5%
Avg YoY Growth+11.7%
Median YoY Growth+13.0%

Frequently Asked Questions

What is Palo Alto Networks, Inc.'s total current assets?
Palo Alto Networks, Inc. (PANW) reported total current assets of $7.71B in Q1 2026.
How has Palo Alto Networks, Inc.'s total current assets changed year-over-year?
Palo Alto Networks, Inc.'s total current assets increased by 11.8% year-over-year, from $6.90B to $7.71B.
What is the long-term trend for Palo Alto Networks, Inc.'s total current assets?
Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s total current assets has grown at a 12.8% compound annual growth rate (CAGR), from $4.65B to $7.52B.
What does total current assets mean?
The sum of all assets that the company expects to turn into cash within one year.