Palo Alto Networks (PANW) EBIT Margin (2011 - 2026)
Palo Alto Networks (PANW) posted EBIT Margin of 5.04% for fiscal Q4 2026 (quarter ended Jul 31, 2026), down 14.55 percentage points from 19.60% a year earlier but up 11.14 percentage points from the prior quarter.
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Analysis
Palo Alto Networks (PANW) EBIT Margin (2011 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks' EBIT Margin came in at 6.05%, down 7.43 percentage points from FY2025.
- Annual EBIT Margin shows a five-year change of +13.20 percentage points (FY2021 to FY2026).
- In prior fiscal years, Palo Alto Networks' EBIT Margin was 13.48% in FY2025 (+4.96 pp), 8.52% in FY2024 (+2.90 pp), 5.62% in FY2023 (+9.05 pp) and -3.43% in FY2022 (+3.71 pp).
- Quarterly EBIT Margin has run from a low of -6.63% in fiscal Q1 2022 to a high of 19.60% in fiscal Q4 2025 over five years.
- On a year-over-year basis, EBIT Margin increased in five of the last eight quarters, with an average year-over-year change of -0.90 percentage points.
- The strongest year-over-year quarter for EBIT Margin in the past five years was fiscal Q4 2023, with a gain of 11.98 percentage points; the weakest was fiscal Q3 2026, with a drop of 15.66 percentage points.
- According to Business Quant data, EBIT Margin for the three prior fiscal quarters was -6.10% (Q3 2026), 15.30% (Q2 2026) and 12.49% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.72 Bn | 249.79 Bn | 2.30 Bn | 5.04% |
| 2 | CrowdStrike Holdings | 238.73 Bn | 219.14 Bn | 1.10 Bn | -2.26% |
| 3 | Fortinet | 127.27 Bn | 113.20 Bn | 1.64 Bn | 33.66% |
| 4 | Snowflake | 110.23 Bn | 97.55 Bn | 1.04 Bn | -17.00% |
| 5 | Datadog | 89.17 Bn | 70.81 Bn | 881.34 Mn | 0.49% |
| 6 | Zscaler | 33.92 Bn | 20.04 Bn | - | - |
| 7 | Okta | 33.82 Bn | 23.92 Bn | 641.00 Mn | 13.29% |
| 8 | Axon Enterprise | 33.04 Bn | 27.56 Bn | 546.45 Mn | 5.17% |
| 9 | MongoDB | 27.87 Bn | 18.34 Bn | 569.77 Mn | 3.68% |
| 10 | F5 | 25.05 Bn | 19.46 Bn | 711.51 Mn | 24.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 5.04% |
| Apr 30, 2026 | -6.10% |
| Jan 31, 2026 | 15.30% |
| Oct 31, 2025 | 12.49% |
| Jul 31, 2025 | 19.60% |
| Apr 30, 2025 | 9.57% |
| Jan 31, 2025 | 10.68% |
| Oct 31, 2024 | 13.37% |
| Jul 31, 2024 | 10.90% |
| Apr 30, 2024 | 8.90% |
| Jan 31, 2024 | 2.71% |
| Oct 31, 2023 | 11.46% |
| Jul 31, 2023 | 12.98% |
| Apr 30, 2023 | 4.57% |
| Jan 31, 2023 | 2.41% |
| Oct 31, 2022 | 0.97% |
| Jul 31, 2022 | 0.99% |
| Apr 30, 2022 | -3.43% |
| Jan 31, 2022 | -5.61% |
| Oct 31, 2021 | -6.63% |
API Access
Palo Alto Networks EBIT Margin 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=ebit-margin&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();