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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 8/30576% above fair value
$351.72−14.15 (-3.87%)

Close on Nov 2, 2026Market cap $287.71BP/E –Yield –

Palo Alto Networks SBC Expense — Research & Development by Quarter

SBC Expense — Research & Development ($M) ($M)

Palo Alto Networks SBC Expense — Research & Development: $211M in Q4 FY26, up 50.7% from a year earlier. That is the highest of the 39 quarters on record here.

Latest, Q4 FY26
211
Period ended Jul 31, 2026
Change on a year earlier
+50.7%
140 in Q4 FY25
History
39 quarters
Since Q2 FY17
Sources
34
Documents cited below

Where the Q4 FY26 figure comes from

Calculated from reported figures: Q4 = full year (10-K) − nine months (10-Q)

Source: Form 10-K (filed 2026-09-10) ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedSBC Expense — Research & Development ($M) ($M)Year on yearSource
Q4 FY26Jul 31, 2026211+50.7%Form 10-K (filed 2026-09-10) ↗
Q3 FY26Apr 30, 2026206+53.7%Form 10-Q (filed 2026-06-03) ↗
Q2 FY26Jan 31, 2026116-16.5%Form 10-Q (filed 2026-02-18) ↗
Q1 FY26Oct 31, 2025155+12.3%Form 10-Q (filed 2025-11-20) ↗
Q4 FY25Jul 31, 2025140+0.6%Form 10-K (filed 2026-09-10) ↗
Q3 FY25Apr 30, 2025134+4.5%Form 10-Q (filed 2026-06-03) ↗
Q2 FY25Jan 31, 2025139+0.3%Form 10-Q (filed 2026-02-18) ↗
Q1 FY25Oct 31, 2024138+14.9%Form 10-Q (filed 2025-11-20) ↗
Q4 FY24Jul 31, 2024139+20.6%Form 10-K (filed 2026-09-10) ↗
Q3 FY24Apr 30, 2024128+2.2%Form 10-Q (filed 2025-05-21) ↗
Q2 FY24Jan 31, 2024139+6.9%Form 10-Q (filed 2025-02-14) ↗
Q1 FY24Oct 31, 2023120+1.8%Form 10-Q (filed 2024-11-21) ↗
Q4 FY23Jul 31, 2023115+5.6%Form 10-K (filed 2025-08-29) ↗
Q3 FY23Apr 30, 2023125+11.3%Form 10-Q (filed 2024-05-21) ↗
Q2 FY23Jan 31, 2023130+4.9%Form 10-Q (filed 2024-02-21) ↗
Q1 FY23Oct 31, 2022118-6.1%Form 10-Q (filed 2023-11-17) ↗

Cite this data

StockData. (2026). Palo Alto Networks SBC Expense — Research & Development ($M), quarterly Q2 FY17–Q4 FY26 [Data set]. Compiled from Palo Alto Networks SEC filings and investor materials. https://stockdatahq.com/stocks/panw/kpis/sbc-line-rd

See every metric in the Palo Alto Networks KPI table. Data updated Oct 25, 2026.