Palo Alto Networks (PANW) EBT Margin (2011 - 2026)
Palo Alto Networks (PANW) recorded quarterly EBT Margin of 21.16% in Q1 2026, up 27.09% quarter-over-quarter from 16.65% in Q4 2025, and up 676.0% on a YoY basis from 2.73% in Q1 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 was 21.16% for Q1 2026 at Palo Alto Networks, up from 16.65% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 23.33% in Q3 2025 to a low of 6.14% in Q1 2022.
- Historically, EBT Margin has averaged 10.46% across 5 years, with a median of 13.56% in 2025.
- The sharpest annual moves came in 2023 and 2024: EBT Margin surged 1509 bps in 2023, then sank 163 bps in 2024.
- A 5-year view of EBT Margin shows it stood at 2.2% in 2022, then jumped by 584 bps to 15.05% in 2023, then rose by 14 bps to 17.2% in 2024, then fell by 3 bps to 16.65% in 2025, then gained by 27 bps to 21.16% in 2026.
- The last three EBT Margin figures came in at 21.16% (Q1 2026), 16.65% (Q4 2025), and 23.33% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 47.46% |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 6.63% |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 25.69% |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 54.43% |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 21.16% |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 4.43% |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 35.50% |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 3.28% |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | -3.35% |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | -31.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Apr 30, 2021 | -14.01% |