Palo Alto Networks (PANW) EBITDA (2011 - 2026)

Palo Alto Networks (PANW) posted quarterly EBITDA of $397.0 million for Q1 2026, up 64.73% year-over-year from $241.0 million in Q1 2025, and up 28.48% on a QoQ basis from $309.0 million in Q4 2025.

Palo Alto Networks (PANW) EBITDA (2011 - 2026) Analysis & Trends

Palo Alto Networks (PANW) has reported EBITDA for 16 consecutive years, with $397.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA rose 64.73% year-over-year to $397.0 million; the TTM figure through Jan 2026 stood at $1.4 billion (up 50.94% YoY), while the FY2025 annual figure was $1.2 billion, up 81.74% from the prior year.
  • EBITDA came in at $397.0 million for Q1 2026 at Palo Alto Networks, up from $309.0 million in the prior quarter.
  • The five-year high for EBITDA was $497.2 million in Q3 2025, with the low at -$73.9 million in Q1 2022.
  • Average EBITDA over 5 years is $171.4 million, with a median of $215.2 million recorded in 2023.
  • Across the five-year window, EBITDA soared 1546.1% in 2023 and retreated 5.96% in 2024, its largest moves.
  • Year by year, EBITDA stood at $15.2 million in 2022, then jumped by 1315.79% to $215.2 million in 2023, then surged by 32.9% to $286.0 million in 2024, then rose by 8.04% to $309.0 million in 2025, then advanced by 28.48% to $397.0 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered $397.0 million, $309.0 million, and $497.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 38.40 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 6.13 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 754.00 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 397.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 13.79 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 580.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -61.99 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 203.05 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -171.99 Mn
10 CoreWeave 45.15 Bn 42.89 Bn 2.01 Bn -735.00 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 397.00 Mn
Oct 31, 2025 309.00 Mn
Jul 31, 2025 497.20 Mn
Apr 30, 2025 218.80 Mn
Jan 31, 2025 241.00 Mn
Oct 31, 2024 286.00 Mn
Jul 31, 2024 238.40 Mn
Apr 30, 2024 176.70 Mn
Jan 31, 2024 53.60 Mn
Oct 31, 2023 215.20 Mn
Jul 31, 2023 253.50 Mn
Apr 30, 2023 78.70 Mn
Jan 31, 2023 39.90 Mn
Oct 31, 2022 15.20 Mn
Jul 31, 2022 15.40 Mn
Apr 30, 2022 -47.60 Mn
Jan 31, 2022 -73.90 Mn
Oct 31, 2021 -82.70 Mn
Jul 31, 2021 -60.40 Mn
Apr 30, 2021 -110.40 Mn