Palo Alto Networks (PANW) Enterprise Value (2012 - 2026)
Palo Alto Networks' Enterprise Value came in at $267.37 billion for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 136.5% from $113.06 billion a year earlier and up 87.4% from the prior quarter.
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Analysis
Palo Alto Networks (PANW) Enterprise Value (2012 - 2026) Analysis & Trends
Going back to fiscal Q4 2012, Palo Alto Networks' Enterprise Value data covers 57 quarters.
- Enterprise Value has increased in each of the last ten fiscal years, with a five-year compound annual growth rate of 49.4% (FY2021 to FY2026).
- Going back by fiscal year, Enterprise Value was $113.06 billion in FY2025 (+9.8%), $102.99 billion in FY2024 (+37.9%), $74.67 billion in FY2023 (+62.1%) and $46.07 billion in FY2022 (+28.2%).
- The fiscal Q4 2026 figure represents the highest quarterly Enterprise Value in data going back to fiscal Q4 2012.
- Year-over-year, Enterprise Value has increased for 13 consecutive quarters, with growth averaging 37.2% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in fiscal Q1 2022 (growth of 162.2%), and the weakest in fiscal Q2 2023 (a decline of 6.3%).
- Business Quant data shows PANW's Enterprise Value at $142.68 billion (Q3 2026), $119.87 billion (Q2 2026) and $148.2 billion (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.53 Bn | 240.60 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 230.03 Bn | 210.43 Bn | 1.10 Bn |
| 3 | Fortinet | 123.13 Bn | 109.06 Bn | 1.64 Bn |
| 4 | Snowflake | 107.35 Bn | 94.67 Bn | 1.04 Bn |
| 5 | Datadog | 87.69 Bn | 69.33 Bn | 881.34 Mn |
| 6 | Zscaler | 32.63 Bn | 18.74 Bn | - |
| 7 | Okta | 32.61 Bn | 22.70 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 32.22 Bn | 26.75 Bn | 546.45 Mn |
| 9 | MongoDB | 26.93 Bn | 17.40 Bn | 569.77 Mn |
| 10 | F5 | 24.99 Bn | 19.40 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 267.37 Bn |
| Apr 30, 2026 | 142.68 Bn |
| Jan 31, 2026 | 119.87 Bn |
| Oct 31, 2025 | 148.20 Bn |
| Jul 31, 2025 | 113.06 Bn |
| Apr 30, 2025 | 121.18 Bn |
| Jan 31, 2025 | 118.56 Bn |
| Oct 31, 2024 | 114.69 Bn |
| Jul 31, 2024 | 102.99 Bn |
| Apr 30, 2024 | 91.19 Bn |
| Jan 31, 2024 | 105.87 Bn |
| Oct 31, 2023 | 72.34 Bn |
| Jul 31, 2023 | 74.67 Bn |
| Apr 30, 2023 | 51.80 Bn |
| Jan 31, 2023 | 44.63 Bn |
| Oct 31, 2022 | 48.06 Bn |
| Jul 31, 2022 | 46.07 Bn |
| Apr 30, 2022 | 52.03 Bn |
| Jan 31, 2022 | 47.62 Bn |
| Oct 31, 2021 | 46.79 Bn |
API Access
Palo Alto Networks Enterprise Value 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=enterprise-value&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();