Palo Alto Networks Inc
Close on Nov 2, 2026Market cap $287.71BP/E –Yield –
Palo Alto Networks Remaining Performance Obligations (RPO) by Year
Remaining Performance Obligations (RPO) — Reported ($B)
Palo Alto Networks Remaining Performance Obligations (RPO): $21.20B in FY2026, up 34.2% from a year earlier. That is the highest of the 8 years on record here.
Where the FY2026 figure comes from
“Remaining performance obligations grew 34% year over year to $21.2 billion”
Source: Earnings Release (Form 8-K FY2026Q4) (filed 2026-09-01) ↗
Total contracted revenue not yet recognized (both billed deferred revenue and unbilled non-cancelable backlog); reached $21.2B (+34% YoY) at Q4 FY26.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Remaining Performance Obligations (RPO) — Reported ($B) | Year on year | Source |
|---|---|---|---|---|
| FY2026 | Jul 31, 2026 | 21.20 | +34.2% | Earnings Release (Form 8-K FY2026Q4) (filed 2026-09-01) ↗ |
| FY2025 | Jul 31, 2025 | 15.80 | +24.4% | Earnings Release (Form 8-K FY2025Q4) (filed 2025-08-18) ↗ |
| FY2024 | Jul 31, 2024 | 12.70 | +19.8% | Earnings Release (Form 8-K FY2024Q4) (filed 2024-08-19) ↗ |
| FY2023 | Jul 31, 2023 | 10.60 | +29.3% | Earnings Release (Form 8-K FY2023Q4) (filed 2023-08-18) ↗ |
| FY2022 | Jul 31, 2022 | 8.20 | +39.0% | Earnings Release (Form 8-K FY2022Q4) (filed 2022-08-22) ↗ |
| FY2021 | Jul 31, 2021 | 5.90 | +37.2% | Earnings Release (Form 8-K FY2021Q4) (filed 2021-08-23) ↗ |
| FY2020 | Jul 31, 2020 | 4.30 | +38.7% | Form 10-K FY2020 (filed 2020-09-04) ↗ |
| FY2019 | Jul 31, 2019 | 3.10 | – | Form 10-K FY2019 (filed 2019-09-09) ↗ |
Breakdown
What makes up remaining Performance Obligations (RPO)
Cite this data
StockData. (2026). Palo Alto Networks Remaining Performance Obligations (RPO), annual FY2019–FY2026 [Data set]. Compiled from Palo Alto Networks SEC filings and investor materials. https://stockdatahq.com/stocks/panw/kpis/rpo-b-reported
See every metric in the Palo Alto Networks KPI table. Data updated Oct 25, 2026.