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| Date | Value |
|---|---|
| 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 |