Palo Alto Networks (PANW) EBT (2011 - 2026)
Palo Alto Networks' (PANW) quarterly EBT came in at -$269.0 million in Q3 2026, down 145.44% year-over-year from $592.0 million in Q3 2025, and down 72.44% on a QoQ basis from -$156.0 million in Q2 2026.
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Analysis
Palo Alto Networks (PANW) EBT (2011 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 16 years of EBT data on file, last reported at -$269.0 million in Q3 2026.
- On a quarterly basis, EBT fell 145.44% year-over-year to -$269.0 million in Q3 2026; TTM through Jul 2026 was $536.0 million, a 66.42% decrease from a year earlier, with the FY2026 full-year figure at $536.0 million, down 66.42% from the prior year.
- EBT for Q3 2026 stood at -$269.0 million, down from -$156.0 million in the prior quarter.
- Across five years, EBT topped out at $592.0 million in Q3 2025 and bottomed at -$269.0 million in Q3 2026.
- Historically, EBT has averaged $187.9 million across 5 years, with a median of $251.2 million in 2024.
- The widest annual swing landed in 2023, when EBT soared 1729.48%; it then plunged 150.16% in 2026.
- Year by year, EBT stood at $34.4 million in 2022, then soared by 721.51% to $282.6 million in 2023, then surged by 30.22% to $368.0 million in 2024, then advanced by 11.96% to $412.0 million in 2025, then sank by 165.29% to -$269.0 million in 2026.
- Per Business Quant data, the three most recent EBT figures were -$269.0 million in Q3 2026, -$156.0 million in Q2 2026, and $549.0 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | -269.00 Mn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 3.93 Mn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 720.20 Mn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | -188.29 Mn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 51.73 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 32.68 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 45.95 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 126.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | 473.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -269.00 Mn |
| Apr 30, 2026 | -156.00 Mn |
| Jan 31, 2026 | 549.00 Mn |
| Oct 31, 2025 | 412.00 Mn |
| Jul 31, 2025 | 592.00 Mn |
| Apr 30, 2025 | 311.00 Mn |
| Jan 31, 2025 | 325.00 Mn |
| Oct 31, 2024 | 368.00 Mn |
| Jul 31, 2024 | 318.70 Mn |
| Apr 30, 2024 | 251.20 Mn |
| Jan 31, 2024 | 135.50 Mn |
| Oct 31, 2023 | 282.60 Mn |
| Jul 31, 2023 | 316.50 Mn |
| Apr 30, 2023 | 131.00 Mn |
| Jan 31, 2023 | 84.40 Mn |
| Oct 31, 2022 | 34.40 Mn |
| Jul 31, 2022 | 17.30 Mn |
| Apr 30, 2022 | -52.50 Mn |
| Jan 31, 2022 | -80.80 Mn |
| Oct 31, 2021 | -91.20 Mn |
API Access
Palo Alto Networks EBT 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=ebt&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();