Palo Alto Networks (PANW) Acquisitions (2014 - 2026)
Palo Alto Networks' (PANW) quarterly Acquisitions came in at $100.0 million in Q3 2026, down 81.98% year-over-year from $555.0 million in Q3 2025, and down 94.96% on a QoQ basis from $2.0 billion in Q2 2026.
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Palo Alto Networks (PANW) Acquisitions (2014 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 11 years of Acquisitions data on file, last reported at $100.0 million in Q3 2026.
- On a quarterly basis, Acquisitions fell 81.98% year-over-year to $100.0 million in Q3 2026; TTM through Jul 2026 was $4.7 billion, a 342.41% increase from a year earlier, with the FY2026 full-year figure at $4.7 billion, up 342.41% from the prior year.
- Acquisitions for Q3 2026 stood at $100.0 million, down from $2.0 billion in the prior quarter.
- Across five years, Acquisitions topped out at $2.6 billion in Q1 2026 and bottomed at -$1.0 million in Q1 2025.
- Historically, Acquisitions has averaged $546.0 million across 5 years, with a median of $142.8 million in 2023.
- The widest annual swing landed in 2025, when Acquisitions sank 100.16%; it then jumped 257700.0% in 2026.
- Year by year, Acquisitions stood at $19.6 million in 2022, then decreased by 3.57% to $18.9 million in 2023, then surged by 2545.5% to $500.0 million in 2024, then plunged by 99.6% to $2.0 million in 2025, then surged by 4900.0% to $100.0 million in 2026.
- Per Business Quant data, the three most recent Acquisitions figures were $100.0 million in Q3 2026, $2.0 billion in Q2 2026, and $2.6 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | 100.00 Mn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | - |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | - |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | - |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 101.65 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 1.91 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 9.24 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | - |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | - |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();