Palo Alto Networks (PANW) EBT Margin (2011 - 2026)
Palo Alto Networks (PANW) posted quarterly EBT Margin of 21.16% for Q1 2026, up 676.0% year-over-year from 2.73% in Q1 2025, and up 27.09% quarter-over-quarter from 16.65% in Q4 2025.
Palo Alto Networks (PANW) EBT Margin (2011 - 2026) Analysis & Trends
Palo Alto Networks' EBT Margin history runs 16 years deep, the most recent figure standing at 21.16% for Q1 2026.
- In Q1 2026, EBT Margin rose 676.0% year-over-year to 21.16%; the TTM figure through Jan 2026 stood at 18.83% (up 409.0% YoY), while the FY2025 annual figure was 17.3%, up 499.0% from the prior year.
- EBT Margin for Q1 2026 stood at 21.16%, up from 16.65% in the prior quarter.
- The five-year high for EBT Margin was 23.33% in Q3 2025, with the low at 6.14% in Q1 2022.
- The 5-year median for EBT Margin is 13.56% (2025), against an average of 10.46%.
- The sharpest annual moves came in 2023 and 2024: EBT Margin jumped 1509 bps in 2023, then plunged 163 bps in 2024.
- Palo Alto Networks' EBT Margin stood at 2.2% in 2022, then soared by 584 bps to 15.05% in 2023, then increased by 14 bps to 17.2% in 2024, then declined by 3 bps to 16.65% in 2025, then rose by 27 bps to 21.16% in 2026.
- Business Quant data shows PANW's EBT Margin at 21.16% in Q1 2026, 16.65% in Q4 2025, and 23.33% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 48.94% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 27.99% |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 55.87% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | -5.20% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 35.17% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | -24.13% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 3.28% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | -21.90% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 4.56% |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | -21.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -5.20% |
| Jan 31, 2026 | 21.16% |
| Oct 31, 2025 | 16.65% |
| Jul 31, 2025 | 23.33% |
| Apr 30, 2025 | 13.56% |
| Jan 31, 2025 | 14.40% |
| Oct 31, 2024 | 17.20% |
| Jul 31, 2024 | 14.57% |
| Apr 30, 2024 | 12.66% |
| Jan 31, 2024 | 6.86% |
| Oct 31, 2023 | 15.05% |
| Jul 31, 2023 | 16.20% |
| Apr 30, 2023 | 7.61% |
| Jan 31, 2023 | 5.10% |
| Oct 31, 2022 | 2.20% |
| Jul 31, 2022 | 1.12% |
| Apr 30, 2022 | -3.79% |
| Jan 31, 2022 | -6.14% |
| Oct 31, 2021 | -7.31% |
| Jul 31, 2021 | -8.39% |