Palo Alto Networks PANW
NASDAQ PANW
$337.00 +3.74 (+1.12%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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