Palo Alto Networks (PANW) EBT Margin (2011 - 2026)
Palo Alto Networks' (PANW) quarterly EBT Margin came in at 7.89% in Q3 2026, down 3123.0% year-over-year from 0.26% in Q3 2025, and down 51.8% on a QoQ basis from 5.2% in Q2 2026.
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Analysis
Palo Alto Networks (PANW) EBT Margin (2011 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 16 years of EBT Margin data on file, last reported at 7.89% in Q3 2026.
- On a quarterly basis, EBT Margin fell 3123.0% year-over-year to 7.89% in Q3 2026; TTM through Jul 2026 was 4.67%, a 1264.0% decrease from a year earlier, with the FY2026 full-year figure at 4.67%, down 1264.0% from the prior year.
- EBT Margin for Q3 2026 stood at 7.89%, down from 5.2% in the prior quarter.
- Across five years, EBT Margin topped out at 23.34% in Q3 2025 and bottomed at 7.89% in Q3 2026.
- Historically, EBT Margin has averaged 8.67% across 5 years, with a median of 12.66% in 2024.
- The widest annual swing landed in 2023, when EBT Margin soared 1509 bps; it then slumped 3123 bps in 2026.
- Year by year, EBT Margin stood at 2.2% in 2022, then jumped by 584 bps to 15.05% in 2023, then climbed by 14 bps to 17.2% in 2024, then slipped by 3 bps to 16.65% in 2025, then plunged by 147 bps to 7.89% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 7.89% in Q3 2026, 5.2% in Q2 2026, and 21.16% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn | -7.89% |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn | 0.27% |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn | 35.17% |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn | -12.17% |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn | 4.61% |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn | 3.61% |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn | 5.95% |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn | 15.65% |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn | 10.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -7.89% |
| Apr 30, 2026 | -5.20% |
| Jan 31, 2026 | 21.16% |
| Oct 31, 2025 | 16.65% |
| Jul 31, 2025 | 23.34% |
| Apr 30, 2025 | 13.59% |
| Jan 31, 2025 | 14.40% |
| Oct 31, 2024 | 17.20% |
| Jul 31, 2024 | 14.56% |
| 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% |
API Access
Palo Alto Networks EBT Margin 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-margin&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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-margin&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();