Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Palo Alto Networks Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019	Jan 31, 2019	Oct 31, 2018	Jul 31, 2018	Apr 30, 2018	Jan 31, 2018	Oct 31, 2017
Cash and cash equivalents	1,782,500)	2,491,400)	1,135,300)	1,992,900)	1,346,300)	2,067,200)	2,118,500)	2,419,900)	1,922,700)	2,272,900)	1,874,200)	1,886,100)	2,113,200)	2,142,000)	2,958,000)	1,484,700)	2,000,000)	1,263,700)	961,400)	1,314,900)	1,127,800)	1,784,400)	2,506,900)	949,000)	915,000)	842,600)
Short-term investments	1,588,500)	1,402,400)	1,254,700)	1,965,300)	2,000,600)	1,736,500)	1,516,000)	1,454,700)	1,417,600)	1,188,500)	1,026,900)	1,059,300)	1,058,000)	1,075,600)	789,800)	554,100)	1,133,900)	1,597,500)	1,841,700)	1,733,200)	1,702,200)	1,419,400)	896,500)	672,200)	720,700)	660,600)
Accounts receivable, net of allowance for credit losses	1,896,300)	1,413,000)	2,463,200)	1,443,600)	1,278,100)	1,238,100)	2,142,500)	1,240,600)	952,200)	812,100)	1,240,400)	766,800)	669,200)	675,500)	1,037,100)	668,800)	540,300)	499,200)	582,400)	407,500)	415,000)	382,300)	467,300)	361,800)	365,100)	350,800)
Short-term financing receivables, net	445,500)	445,900)	388,800)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Short-term deferred contract costs	328,000)	328,700)	339,200)	317,300)	313,400)	310,600)	317,700)	286,800)	278,100)	272,900)	276,500)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Prepaid expenses and other current assets	405,900)	396,200)	466,800)	694,500)	467,400)	381,100)	320,200)	295,600)	298,000)	292,700)	229,300)	428,700)	435,400)	407,800)	344,300)	306,400)	304,000)	289,400)	279,300)	261,900)	242,500)	229,100)	261,300)	222,500)	209,400)	185,500)
Current assets	6,446,700)	6,477,600)	6,048,000)	6,413,600)	5,405,800)	5,733,500)	6,414,900)	5,697,600)	4,868,600)	4,839,100)	4,647,300)	4,140,900)	4,275,800)	4,300,900)	5,129,200)	3,014,000)	3,978,200)	3,649,800)	3,664,800)	3,717,500)	3,487,500)	3,815,200)	4,132,000)	2,205,500)	2,210,200)	2,039,500)
Property and equipment, net	352,300)	352,600)	354,500)	341,700)	344,700)	353,700)	357,800)	355,600)	362,700)	324,300)	318,400)	322,700)	330,700)	337,900)	348,100)	357,200)	311,400)	316,400)	296,000)	275,000)	273,200)	276,500)	273,100)	264,200)	264,700)	256,900)
Operating lease right-of-use assets	355,800)	274,300)	263,300)	248,300)	251,100)	260,400)	242,000)	239,900)	238,800)	251,800)	262,900)	258,700)	252,100)	251,200)	258,700)	263,800)	270,000)	282,600)	—)	—)	—)	—)	—)	—)	—)	—)
Long-term investments	3,619,600)	2,988,900)	3,047,900)	2,709,800)	2,820,600)	2,094,700)	1,051,900)	714,700)	851,000)	898,800)	888,300)	885,400)	857,100)	873,200)	554,400)	151,200)	317,900)	467,600)	575,400)	669,900)	808,600)	565,500)	547,500)	592,900)	722,300)	777,400)
Long-term financing receivables, net	639,900)	639,800)	653,300)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Long-term deferred contract costs	504,600)	515,400)	547,100)	503,600)	511,300)	520,300)	550,100)	480,300)	472,100)	476,100)	494,600)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Goodwill	3,372,700)	2,926,800)	2,926,800)	2,926,800)	2,912,300)	2,747,700)	2,747,700)	2,731,300)	2,731,300)	2,732,300)	2,710,100)	2,713,100)	2,583,500)	1,968,600)	1,812,900)	1,812,900)	1,511,700)	1,400,400)	1,352,300)	1,027,300)	636,400)	636,400)	522,800)	522,200)	238,800)	238,800)
Intangible assets, net	440,100)	290,500)	315,400)	340,600)	361,700)	355,400)	384,500)	412,100)	443,900)	471,300)	498,600)	530,300)	541,100)	388,800)	358,200)	380,600)	290,000)	284,100)	280,600)	234,200)	171,800)	186,200)	140,800)	147,700)	48,300)	51,000)
Deferred tax assets	2,234,300)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Other assets	326,000)	342,600)	344,800)	686,100)	555,900)	478,100)	504,700)	468,500)	432,100)	432,700)	421,400)	711,000)	648,100)	605,900)	603,900)	522,100)	504,900)	423,900)	423,100)	337,900)	330,000)	321,700)	206,800)	175,800)	143,200)	122,900)
Long-term assets	11,845,300)	8,330,900)	8,453,100)	7,756,900)	7,757,600)	6,810,300)	5,838,700)	5,402,400)	5,531,900)	5,587,300)	5,594,300)	5,421,200)	5,212,600)	4,425,600)	3,936,200)	3,487,800)	3,205,900)	3,175,000)	2,927,400)	2,544,300)	2,220,000)	1,986,300)	1,691,000)	1,702,800)	1,417,300)	1,447,000)
Total assets	18,292,000)	14,808,500)	14,501,100)	14,170,500)	13,163,400)	12,543,800)	12,253,600)	11,100,000)	10,400,500)	10,426,400)	10,241,600)	9,562,100)	9,488,400)	8,726,500)	9,065,400)	6,501,800)	7,184,100)	6,824,800)	6,592,200)	6,261,800)	5,707,500)	5,801,500)	5,823,000)	3,908,300)	3,627,500)	3,486,500)

Assets: Selected Items

Download chart

Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Palo Alto Networks Inc. current assets increased from Q4 2023 to Q1 2024 but then slightly decreased from Q1 2024 to Q2 2024.
Property and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Palo Alto Networks Inc. property and equipment, net decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Long-term assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	Palo Alto Networks Inc. long-term assets decreased from Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 exceeding Q4 2023 level.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Palo Alto Networks Inc. total assets increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Current Assets: Selected Items

Download chart

Balance sheet item	Description	The company
Cash and cash equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	Palo Alto Networks Inc. cash and cash equivalents increased from Q4 2023 to Q1 2024 but then slightly decreased from Q1 2024 to Q2 2024 not reaching Q4 2023 level.
Short-term investments	Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current.	Palo Alto Networks Inc. short-term investments increased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
Accounts receivable, net of allowance for credit losses	Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.	Palo Alto Networks Inc. accounts receivable, net of allowance for credit losses decreased from Q4 2023 to Q1 2024 but then slightly increased from Q1 2024 to Q2 2024.

Palo Alto Networks Inc. (NASDAQ:PANW)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data