Palo Alto Networks Inc
PANWNasdaqComputer Peripheral Equipment, NECFiscal year ends July 31
Financials through Q4 FY2026, quarter ended Jul 31, 2026Last filing: 10-K on Sep 10, 2026Score 8/30550% above fair value
$351.72−14.15 (-3.87%)
Close on Nov 2, 2026Market cap $287.71BP/E –Yield –
Palo Alto Networks SBC Expense by Year
SBC Expense — Cost of Subscription & Support Revenue ($M) ($M)
Palo Alto Networks SBC Expense: $161M in FY2026, up 26.8% from a year earlier. That is the highest of the 10 years on record here.
Latest, FY2026
161
Period ended Jul 31, 2026
Change on a year earlier
+26.8%
127 in FY2025
History
10 years
Since FY2017
Sources
8
Documents cited below
Where the FY2026 figure comes from
Source: Form 10-K (filed 2026-09-10) ↗
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | SBC Expense — Cost of Subscription & Support Revenue ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2026 | Jul 31, 2026 | 161 | +26.8% | Form 10-K (filed 2026-09-10) ↗ |
| FY2025 | Jul 31, 2025 | 127 | +5.0% | Form 10-K (filed 2026-09-10) ↗ |
| FY2024 | Jul 31, 2024 | 121 | -1.9% | Form 10-K (filed 2026-09-10) ↗ |
| FY2023 | Jul 31, 2023 | 123 | +12.0% | Form 10-K (filed 2025-08-29) ↗ |
| FY2022 | Jul 31, 2022 | 110 | +18.5% | Form 10-K (filed 2024-09-06) ↗ |
| FY2021 | Jul 31, 2021 | 93 | +19.7% | Form 10-K (filed 2023-09-01) ↗ |
| FY2020 | Jul 31, 2020 | 77.7 | +9.0% | Form 10-K (filed 2022-09-06) ↗ |
| FY2019 | Jul 31, 2019 | 71.3 | +6.9% | Form 10-K (filed 2021-09-03) ↗ |
| FY2018 | Jul 31, 2018 | 66.7 | +18.7% | Form 10-K (filed 2020-09-04) ↗ |
| FY2017 | Jul 31, 2017 | 56.2 | – | Form 10-K (filed 2019-09-09) ↗ |
Cite this data
StockData. (2026). Palo Alto Networks SBC Expense ($M), annual FY2017–FY2026 [Data set]. Compiled from Palo Alto Networks SEC filings and investor materials. https://stockdatahq.com/stocks/panw/kpis/sbc-line-cos
See every metric in the Palo Alto Networks KPI table. Data updated Oct 25, 2026.