Palo Alto Networks (PANW) Acquisitions (2014 - 2026)
Palo Alto Networks' Acquisitions came in at $100 million for fiscal Q4 2026 (quarter ended Jul 31, 2026), down 82.0% from $555 million a year earlier and down 95.0% from the prior quarter.
Palo Alto Networks (PANW) Acquisitions (2014 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks' Acquisitions was $4.66 billion, up 342.4% from FY2025.
- Acquisitions has increased in each of the last four fiscal years, with a five-year compound annual growth rate of 43.1% (FY2021 to FY2026).
- Going back by fiscal year, Acquisitions was $1.05 billion in FY2025 (+72.5%), $611 million in FY2024 (+198.8%), $204.5 million in FY2023 (+452.7%) and $37 million in FY2022 (-95.2%).
- The five-year range for quarterly Acquisitions is -$1 million (fiscal Q2 2025) to $2.58 billion (fiscal Q2 2026).
- Business Quant data shows PANW's Acquisitions at $1.99 billion (Q3 2026), $2.58 billion (Q2 2026) and $2 million (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | 100.00 Mn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | - |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | - |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | - |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | 101.65 Mn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | - |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | - |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | 1.91 Mn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | 9.24 Mn |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn | 47.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 100.00 Mn |
| Apr 30, 2026 | 1.99 Bn |
| Jan 31, 2026 | 2.58 Bn |
| Oct 31, 2025 | 2.00 Mn |
| Jul 31, 2025 | 555.00 Mn |
| Jan 31, 2025 | -1.00 Mn |
| Oct 31, 2024 | 500.00 Mn |
| Jul 31, 2024 | 400,000.00 |
| Jan 31, 2024 | 610.60 Mn |
| Apr 30, 2023 | 18.90 Mn |
| Jan 31, 2023 | 185.60 Mn |
| Jul 31, 2022 | 19.60 Mn |
| Oct 31, 2021 | 17.40 Mn |
| Apr 30, 2021 | 146.80 Mn |
| Jan 31, 2021 | 405.40 Mn |
| Oct 31, 2020 | 225.10 Mn |
| Apr 30, 2020 | 387.80 Mn |
| Jan 31, 2020 | 129.30 Mn |
| Oct 31, 2019 | 66.40 Mn |
| Jul 31, 2019 | 390.90 Mn |
Palo Alto Networks Acquisitions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=acquisitions&ticker=PANW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "acquisitions", "ticker": "PANW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=acquisitions&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();