Palo Alto Networks (PANW) Deferred Taxes (2023 - 2026)
Palo Alto Networks' (PANW) quarterly Deferred Taxes came in at -$57.0 million in Q3 2026, down 161.96% year-over-year from $92.0 million in Q3 2025, and down 337.5% on a QoQ basis from $24.0 million in Q2 2026.
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Analysis
Palo Alto Networks (PANW) Deferred Taxes (2023 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 4 years of Deferred Taxes data on file, last reported at -$57.0 million in Q3 2026.
- On a quarterly basis, Deferred Taxes fell 161.96% year-over-year to -$57.0 million in Q3 2026; TTM through Jul 2026 was -$19.0 million, a 94.57% increase from a year earlier, with the FY2026 full-year figure at -$19.0 million, up 94.57% from the prior year.
- Deferred Taxes for Q3 2026 stood at -$57.0 million, down from $24.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $92.0 million in Q3 2025 and bottomed at -$1.7 billion in Q1 2024.
- Historically, Deferred Taxes has averaged -$170.9 million across 4 years, with a median of -$28.6 million in 2023.
- The widest annual swing landed in 2024, when Deferred Taxes plunged 45566.67%; it then surged 142.65% in 2025.
- Year by year, Deferred Taxes stood at -$300000.0 in 2023, then plunged by 45566.67% to -$137.0 million in 2024, then surged by 106.57% to $9.0 million in 2025, then tumbled by 733.33% to -$57.0 million in 2026.
- Per Business Quant data, the three most recent Deferred Taxes figures were -$57.0 million in Q3 2026, $24.0 million in Q2 2026, and $5.0 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | -57.00 Mn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 3.77 Mn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 14.60 Mn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | -1.93 Mn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | - |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | -6.56 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | -30,000.00 |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 1.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -57.00 Mn |
| Apr 30, 2026 | 24.00 Mn |
| Jan 31, 2026 | 5.00 Mn |
| Oct 31, 2025 | 9.00 Mn |
| Jul 31, 2025 | 92.00 Mn |
| Apr 30, 2025 | -125.00 Mn |
| Jan 31, 2025 | -180.00 Mn |
| Oct 31, 2024 | -137.00 Mn |
| Jul 31, 2024 | -215.70 Mn |
| Apr 30, 2024 | -127.00 Mn |
| Jan 31, 2024 | -1.69 Bn |
| Oct 31, 2023 | -300,000.00 |
| Jul 31, 2023 | 7.20 Mn |
| Apr 30, 2023 | 2.80 Mn |
API Access
Palo Alto Networks Deferred Taxes 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=deferred-taxes&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();