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Capital Expenditures for Palo Alto Networks (PANW)

Latest filings through · Reported

Metric

Latest period

$410.90M

YoY change

+57.0%

5Y CAGR

+2.8%

Peak year (2025)

$246.20M

CapEx history chart for Palo Alto Networks (PANW) from 2009 to 2025

Latest: $246.20M

CapEx growth chart for Palo Alto Networks (PANW) from 2009 to 2025

Latest: +57.0%

CapEx history table for Palo Alto Networks (PANW) from 2009 to 2025

  • 2025$246.20M+57.0%
  • 2024$156.80M+7.2%
  • 2023$146.30M-24.1%
  • 2022$192.80M+66.2%
  • 2021$116.00M-45.9%
  • 2020$214.40M+63.4%
  • 2019$131.20M+17.1%
  • 2018$112.00M-31.5%
  • 2017$163.40M+125.4%
  • 2016$72.50M+114.3%
  • 2015$33.83M-6.3%
  • 2014$36.11M+60.9%
  • 2013$22.44M+54.1%
  • 2012$14.56M+12.0%
  • 2011$13.00M+671.5%
  • 2010$1.69M+61.2%
  • 2009$1.04M—

CapEx values are taken from Palo Alto Networks's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at Palo Alto Networks (PANW)

According to Palo Alto Networks's latest reported financial statements, the company's current CapEx (TTM) is $410.90M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

In 2025, Palo Alto Networks (PANW) CapEx totalled $246.20M – surged 57.0% year-over-year.

Across 2020–2025 (5 years), Palo Alto Networks CapEx produced a CAGR of +2.8% – sustaining 2 straight years of year-over-year growth.

The highest annual CapEx of $246.20M was reported in 2025. The lowest in the available history was $1.04M in 2009.

Palo Alto Networks Capital Expenditures by Year

Palo Alto Networks Capital Expenditures 2025: $246.20M

2025's CapEx for Palo Alto Networks came in at $246.20M, surged 57.0% from 2024. This figure represents the highest annual value in the available history.

Palo Alto Networks Capital Expenditures 2024: $156.80M

Palo Alto Networks posted CapEx of $156.80M in 2024, grew 7.2% from 2023.

Palo Alto Networks Capital Expenditures 2023: $146.30M

In 2023, Palo Alto Networks reported CapEx of $146.30M, declined 24.1% below 2022.

Palo Alto Networks Capital Expenditures 2022: $192.80M

Palo Alto Networks CapEx in 2022 was $192.80M, surged 66.2% from 2021.

Palo Alto Networks Capital Expenditures 2021: $116.00M

Palo Alto Networks CapEx in 2021 was $116.00M.

See more financial history for Palo Alto Networks (PANW).

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