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

Palo Alto Networks' EBITDA Margin history runs 16 years deep, the most recent figure standing at 15.3% for Q1 2026.

• On a quarterly basis, EBITDA Margin rose 463.0% year-over-year to 15.3% in Q1 2026; TTM through Jan 2026 was 14.37%, a 338.0% increase from a year earlier, with the FY2025 full-year figure at 13.48%, up 496.0% from the prior year.
• EBITDA Margin grew to 15.3% in Q1 2026 per PANW's latest filing, from 12.49% in the prior quarter.
• Across five years, EBITDA Margin topped out at 19.6% in Q3 2025 and bottomed at 5.61% in Q1 2022.
• The 5-year median for EBITDA Margin is 9.56% (2025), against an average of 7.52%.
• Across the five-year window, EBITDA Margin surged 1198 bps in 2023 and sank 209 bps in 2024, its largest moves.
• Year by year, EBITDA Margin stood at 0.97% in 2022, then surged by 1079 bps to 11.46% in 2023, then advanced by 17 bps to 13.37% in 2024, then declined by 7 bps to 12.49% in 2025, then rose by 23 bps to 15.3% in 2026.
• Per Business Quant, the three latest PANW EBITDA Margin figures stand at 15.3% (Q1 2026), 12.49% (Q4 2025), and 19.6% (Q3 2025).