Palo Alto Networks (PANW) Goodwill (2014 - 2026)
Palo Alto Networks (PANW) posted Goodwill of $21.9 billion for Q2 2026, up 216.0% on a QoQ basis from $6.9 billion in Q1 2026, and up 440.68% year-over-year from $4.1 billion in Q2 2025.
Analysis
Palo Alto Networks (PANW) Goodwill (2014 - 2026) Analysis & Trends
Palo Alto Networks has reported Goodwill for 13 years, with the latest figure at $21.9 billion in Q2 2026.
- On a quarterly basis, Goodwill rose 440.68% year-over-year to $21.9 billion in Q2 2026; TTM through Apr 2026 was $21.9 billion, a 440.68% increase from a year earlier, with the FY2025 full-year figure at $4.6 billion, up 36.32% from the prior year.
- Goodwill was $21.9 billion for Q2 2026 at Palo Alto Networks, up from $6.9 billion in the prior quarter.
- The five-year high for Goodwill was $21.9 billion in Q2 2026, with the low at $2.7 billion in Q1 2022.
- Average Goodwill over 5 years is $4.6 billion, with a median of $3.4 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Goodwill gained 0.56% in 2022, then surged 440.68% in 2026.
- Over 5 years, Goodwill stood at $2.7 billion in 2022, then gained by 6.52% to $2.9 billion in 2023, then jumped by 38.4% to $4.1 billion in 2024, then rose by 12.74% to $4.6 billion in 2025, then surged by 379.57% to $21.9 billion in 2026.
- The last three Goodwill figures came in at $21.9 billion (Q2 2026), $6.9 billion (Q1 2026), and $4.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn |
| 10 | SentinelOne | 6.66 Bn | 6.00 Bn | 210.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 21.90 Bn |
| Jan 31, 2026 | 6.93 Bn |
| Oct 31, 2025 | 4.57 Bn |
| Jul 31, 2025 | 4.57 Bn |
| Apr 30, 2025 | 4.05 Bn |
| Jan 31, 2025 | 4.05 Bn |
| Oct 31, 2024 | 4.05 Bn |
| Jul 31, 2024 | 3.35 Bn |
| Apr 30, 2024 | 3.37 Bn |
| Jan 31, 2024 | 3.37 Bn |
| Oct 31, 2023 | 2.93 Bn |
| Jul 31, 2023 | 2.93 Bn |
| Apr 30, 2023 | 2.93 Bn |
| Jan 31, 2023 | 2.91 Bn |
| Oct 31, 2022 | 2.75 Bn |
| Jul 31, 2022 | 2.75 Bn |
| Apr 30, 2022 | 2.73 Bn |
| Jan 31, 2022 | 2.73 Bn |
| Oct 31, 2021 | 2.73 Bn |
| Jul 31, 2021 | 2.71 Bn |