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
DateValue
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%