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 millions

	Oct 31, 2025	Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	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
Cash and cash equivalents	3,066)	2,269)	2,383)	2,226)	2,283)	1,535)	1,374)	1,783)	2,491)	1,135)	1,993)	1,346)	2,067)	2,119)	2,420)	1,923)	2,273)	1,874)	1,886)	2,113)	2,142)	2,958)	1,485)	2,000)	1,264)
Short-term investments	1,144)	635)	917)	1,007)	1,108)	1,044)	1,517)	1,589)	1,402)	1,255)	1,965)	2,001)	1,737)	1,516)	1,455)	1,418)	1,189)	1,027)	1,059)	1,058)	1,076)	790)	554)	1,134)	1,598)
Accounts receivable, net of allowance for credit losses	1,343)	2,965)	1,950)	1,496)	1,133)	2,619)	1,715)	1,896)	1,413)	2,463)	1,444)	1,278)	1,238)	2,143)	1,241)	952)	812)	1,240)	767)	669)	676)	1,037)	669)	540)	499)
Short-term financing receivables, net	737)	715)	737)	755)	805)	726)	572)	446)	446)	389)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Short-term deferred contract costs	415)	420)	387)	376)	368)	369)	337)	328)	329)	339)	317)	313)	311)	318)	287)	278)	273)	277)	—)	—)	—)	—)	—)	—)	—)
Prepaid expenses and other current assets	605)	521)	524)	480)	546)	557)	404)	406)	396)	467)	695)	467)	381)	320)	296)	298)	293)	229)	429)	435)	408)	344)	306)	304)	289)
Current assets	7,310)	7,523)	6,899)	6,340)	6,243)	6,850)	5,919)	6,447)	6,478)	6,048)	6,414)	5,406)	5,734)	6,415)	5,698)	4,869)	4,839)	4,647)	4,141)	4,276)	4,301)	5,129)	3,014)	3,978)	3,650)
Property and equipment, net	394)	387)	367)	358)	361)	361)	350)	352)	353)	355)	342)	345)	354)	358)	356)	363)	324)	318)	323)	331)	338)	348)	357)	311)	316)
Operating lease right-of-use assets	353)	347)	357)	373)	389)	386)	370)	356)	274)	263)	248)	251)	260)	242)	240)	239)	252)	263)	259)	252)	251)	259)	264)	270)	283)
Long-term investments	5,982)	5,556)	5,152)	4,560)	4,120)	4,173)	3,504)	3,620)	2,989)	3,048)	2,710)	2,821)	2,095)	1,052)	715)	851)	899)	888)	885)	857)	873)	554)	151)	318)	468)
Long-term financing receivables, net	855)	1,002)	1,069)	1,164)	1,092)	1,182)	883)	640)	640)	653)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Long-term deferred contract costs	546)	586)	528)	523)	532)	562)	511)	505)	515)	547)	504)	511)	520)	550)	480)	472)	476)	495)	—)	—)	—)	—)	—)	—)	—)
Goodwill	4,567)	4,567)	4,051)	4,051)	4,051)	3,350)	3,373)	3,373)	2,927)	2,927)	2,927)	2,912)	2,748)	2,748)	2,731)	2,731)	2,732)	2,710)	2,713)	2,584)	1,969)	1,813)	1,813)	1,512)	1,400)
Intangible assets, net	723)	763)	730)	771)	810)	375)	408)	440)	291)	315)	341)	362)	355)	385)	412)	444)	471)	499)	530)	541)	389)	358)	381)	290)	284)
Deferred tax assets	2,416)	2,424)	2,452)	2,447)	2,398)	2,399)	2,292)	2,234)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Other assets	390)	422)	397)	365)	380)	353)	321)	326)	343)	345)	686)	556)	478)	505)	469)	432)	433)	421)	711)	648)	606)	604)	522)	505)	424)
Long-term assets	16,226)	16,053)	15,104)	14,612)	14,132)	13,141)	12,012)	11,845)	8,331)	8,453)	7,757)	7,758)	6,810)	5,839)	5,402)	5,532)	5,587)	5,594)	5,421)	5,213)	4,426)	3,936)	3,488)	3,206)	3,175)
Total assets	23,536)	23,576)	22,003)	20,952)	20,375)	19,991)	17,931)	18,292)	14,809)	14,501)	14,171)	13,163)	12,544)	12,254)	11,100)	10,401)	10,426)	10,242)	9,562)	9,488)	8,727)	9,065)	6,502)	7,184)	6,825)

Cash and Cash Equivalents: Cash and cash equivalents exhibited notable fluctuations over the reported periods, with an initial rise from 1,264 million to peaks near 2,958 million, followed by periods of decline and recovery. The most recent figures indicate an upward trend, culminating at 3,066 million in the latest quarter, suggesting improved liquidity management or influxes of cash resources.
Short-term Investments: Short-term investments showed variability, declining sharply during early periods from 1,598 million to lows near 554 million, then stabilizing and gradually increasing to 2,001 million before a recent downward movement to 635 million before rising again to 1,144 million. This pattern suggests shifts in investment strategy or portfolio adjustments impacting short-term asset allocation.
Accounts Receivable, Net: Accounts receivable generally trended upwards with some volatility. Starting at 499 million and reaching as high as 2,965 million at one point, it indicates rising revenue generation but also potential growth in credit sales or collection periods. Spikes correspond to increased sales volumes or delayed cash collections.
Short-term Financing Receivables, Net: Data on short-term financing receivables became available in mid-periods and showed a rising trend from 389 million to peaks near 805 million before fluctuating slightly, implying growing financing activities or extensions of credit in the short-term receivables portfolio.
Short-term Deferred Contract Costs: Short-term deferred contract costs remained relatively stable with slight upward movement from 277 million to 420 million, indicating consistent recognition of costs associated with contract fulfillment over successive quarters.
Prepaid Expenses and Other Current Assets: These assets displayed noticeable variability, ranging from around 229 million up to a peak near 695 million before again fluctuating around the 500-600 million mark. This volatility may be linked to the timing of prepayments or adjustments in miscellaneous current asset items.
Current Assets: Current assets showed an overall increasing trend from 3,650 million to 7,523 million at the high point, reflecting an expansion of liquid and short-term resource bases, despite periodic fluctuations likely influenced by changes in cash, receivables, and investments.
Property and Equipment, Net: This asset category remained relatively stable across periods, fluctuating modestly within a 300-400 million range, suggesting limited capital expenditure or depreciation effects in the reported timeframe.
Operating Lease Right-of-Use Assets: Right-of-use assets reported under operating leases generally held steady with slight increases towards the end, from 283 million to around 386 million and above, implying ongoing lease commitments with some additions or revaluations.
Long-term Investments: Long-term investments demonstrated a marked growth trend, rising significantly from 468 million to nearly 6,000 million, indicating a strategic increase in investment holdings or capital deployment into longer-term financial assets.
Long-term Financing Receivables, Net: Emerging mid-way through the periods analyzed, long-term financing receivables showed growth from 389 million to over 1,100 million, reflecting an expansion in extended financing arrangements or long-term credit provided to customers.
Long-term Deferred Contract Costs: These costs fluctuated moderately around the 500 million mark with some growth observed, suggesting steady capitalization and amortization of contract fulfillment costs over the long term.
Goodwill: Goodwill values increased progressively from 1,400 million to over 4,500 million, indicating acquisition activity or reassessments of acquired assets, pointing to the company’s strategic growth through mergers or purchases.
Intangible Assets, Net: Intangible assets presented a mixed pattern with an initial increase followed by gradual declines and then a substantial rise in later periods, peaking at over 800 million, revealing amortization processes alongside possible new intangible asset recognition.
Deferred Tax Assets: Available data shows deferred tax assets in the later reporting periods, increasing slightly from 2,234 million to about 2,452 million before stabilizing, indicating tax attributes carried forward associated with temporary differences.
Other Assets: Other assets experienced fluctuations without a clear trend, moving between approximately 300 to 686 million, which might reflect miscellaneous asset adjustments or non-classified items varying quarter-to-quarter.
Long-term Assets: Long-term assets showed a consistent upward trend, nearly doubling from 3,175 million to over 16,200 million, indicating significant capital investments, acquisitions, or asset revaluations contributing to the company's asset base expansion.
Total Assets: Total assets rose significantly from 6,825 million to a peak of about 23,576 million, reflecting overall growth and expansion. The asset base expanded consistently despite intermittent fluctuations, signaling robust asset accumulation and scaling over the analyzed periods.

Assets: Selected Items

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Current Assets: Selected Items

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Palo Alto Networks Inc. (NASDAQ:PANW)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data