Palo Alto Networks annual capital expenditures (capex)
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Palo Alto Networks Capital Expenditures (CapEx) Growth & History (PANW)
Palo Alto Networks's capital expenditures (capex) was $246.2M for fiscal 2025.
View full Palo Alto Networks company overviewPalo Alto Networks annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-07-31 | $246.2M | $89.4M | +57.02% |
| 2024 | 2024-07-31 | $156.8M | $10.5M | +7.18% |
| 2023 | 2023-07-31 | $146.3M | −$46.5M | −24.12% |
| 2022 | 2022-07-31 | $192.8M | $76.8M | +66.21% |
| 2021 | 2021-07-31 | $116.0M | −$98.4M | −45.90% |
| 2020 | 2020-07-31 | $214.4M | $83.2M | +63.41% |
| 2019 | 2019-07-31 | $131.2M | $19.2M | +17.14% |
| 2018 | 2018-07-31 | $112.0M | −$51.4M | −31.46% |
| 2017 | 2017-07-31 | $163.4M | $90.9M | +125.38% |
| 2016 | 2016-07-31 | $72.5M | $38.7M | +114.50% |
| 2015 | 2015-07-31 | $33.8M | −$2.3M | −6.37% |
| 2014 | 2014-07-31 | $36.1M | $13.7M | +60.86% |
| 2013 | 2013-07-31 | $22.4M | $7.9M | +54.08% |
| 2012 | 2012-07-31 | $14.6M | $1.6M | +12.04% |
| 2011 | 2011-07-31 | $13.0M | — | — |
Palo Alto Networks quarterly capital expenditures (capex)
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| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-04-30 | $83.0M | $15.0M | +22.06% |
| Q2 2026 | 2026-01-31 | $170.0M | $122.0M | +254.17% |
| Q1 2026 | 2025-10-31 | $84.0M | $40.0M | +90.91% |
| Q4 2025 | 2025-07-31 | $86.2M | $38.8M | +81.86% |
| Q3 2025 | 2025-04-30 | $68.0M | $30.6M | +81.82% |
| Q2 2025 | 2025-01-31 | $48.0M | $12.8M | +36.36% |
| Q1 2025 | 2024-10-31 | $44.0M | $7.2M | +19.57% |
| Q4 2024 | 2024-07-31 | $47.4M | $10.2M | +27.42% |
| Q3 2024 | 2024-04-30 | $37.4M | $6.2M | +19.87% |
| Q2 2024 | 2024-01-31 | $35.2M | −$3.1M | −8.09% |
| Q1 2024 | 2023-10-31 | $36.8M | −$2.8M | −7.07% |
| Q4 2023 | 2023-07-31 | $37.2M | −$40.3M | −52.00% |
| Q3 2023 | 2023-04-30 | $31.2M | $31.2M | — |
| Q2 2023 | 2023-01-31 | $38.3M | −$42.4M | −52.54% |
| Q1 2023 | 2022-10-31 | $39.6M | $5.0M | +14.45% |
| Q4 2022 | 2022-07-31 | $77.5M | $50.1M | +182.85% |
| Q3 2022 | 2022-04-30 | $0 | −$26.9M | — |
| Q2 2022 | 2022-01-31 | $80.7M | $48.6M | +151.40% |
| Q1 2022 | 2021-10-31 | $34.6M | $5.0M | +16.89% |
| Q4 2021 | 2021-07-31 | $27.4M | −$4.4M | −13.84% |
| Q3 2021 | 2021-04-30 | $26.9M | −$59.4M | −68.83% |
| Q2 2021 | 2021-01-31 | $32.1M | −$17.0M | −34.62% |
| Q1 2021 | 2020-10-31 | $29.6M | −$17.6M | −37.29% |
| Q4 2020 | 2020-07-31 | $31.8M | −$21.3M | −40.11% |
| Q3 2020 | 2020-04-30 | $86.3M | $66.0M | +325.12% |
| Q2 2020 | 2020-01-31 | $49.1M | $25.6M | +108.94% |
| Q1 2020 | 2019-10-31 | $47.2M | $12.9M | +37.61% |
| Q4 2019 | 2019-07-31 | $53.1M | $27.7M | +109.06% |
| Q3 2019 | 2019-04-30 | $20.3M | −$8.5M | −29.51% |
| Q2 2019 | 2019-01-31 | $23.5M | −$2.1M | −8.20% |
| Q1 2019 | 2018-10-31 | $34.3M | $2.1M | +6.52% |
| Q4 2018 | 2018-07-31 | $25.4M | −$23.8M | −48.37% |
| Q3 2018 | 2018-04-30 | $28.8M | −$19.8M | −40.74% |
| Q2 2018 | 2018-01-31 | $25.6M | −$19.1M | −42.73% |
| Q1 2018 | 2017-10-31 | $32.2M | $11.3M | +54.07% |
| Q4 2017 | 2017-07-31 | $49.2M | $32.9M | +201.84% |
| Q3 2017 | 2017-04-30 | $48.6M | $29.3M | +151.81% |
| Q2 2017 | 2017-01-31 | $44.7M | $27.3M | +156.90% |
| Q1 2017 | 2016-10-31 | $20.9M | $1.4M | +7.18% |
| Q4 2016 | 2016-07-31 | $16.3M | $4.4M | +36.97% |
| Q3 2016 | 2016-04-30 | $19.3M | $9.5M | +96.94% |
| Q2 2016 | 2016-01-31 | $17.4M | $11.2M | +180.65% |
| Q1 2016 | 2015-10-31 | $19.5M | $13.6M | +230.51% |
| Q4 2015 | 2015-07-31 | $11.9M | $7.2M | +152.07% |
| Q3 2015 | 2015-04-30 | $9.8M | $3.9M | +66.21% |
| Q2 2015 | 2015-01-31 | $6.2M | −$3.6M | −36.75% |
| Q1 2015 | 2014-10-31 | $5.9M | −$9.8M | −62.37% |
| Q4 2014 | 2014-07-31 | $4.7M | −$1.1M | −19.26% |
| Q3 2014 | 2014-04-30 | $5.9M | −$463,000 | −7.28% |
| Q2 2014 | 2014-01-31 | $9.8M | $3.6M | +57.58% |
| Q1 2014 | 2013-10-31 | $15.7M | $11.7M | +290.54% |
| Q4 2013 | 2013-07-31 | $5.8M | $2.6M | +78.05% |
| Q3 2013 | 2013-04-30 | $6.4M | $2.1M | +50.76% |
| Q2 2013 | 2013-01-31 | $6.2M | $1.9M | +43.64% |
| Q1 2013 | 2012-10-31 | $4.0M | $1.3M | +46.96% |
| Q4 2012 | 2012-07-31 | $3.3M | — | — |
| Q3 2012 | 2012-04-30 | $4.2M | — | — |
| Q2 2012 | 2012-01-31 | $4.3M | — | — |
| Q1 2012 | 2011-10-31 | $2.7M | — | — |
Palo Alto Networks capital expenditures (capex) trends
Over the last five fiscal years, Palo Alto Networks's capital expenditures (capex) increased from $214.4M to $246.2M, a change of $31.8M. The latest reported quarter, Q3 2026, shows $83.0M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Palo Alto Networks source filings ↗