Palo Alto Networks (PANW) Goodwill (2014 - 2026)

Palo Alto Networks' (PANW) quarterly Goodwill came in at $6.9 billion in Q1 2026, up 71.1% year-on-year from $4.1 billion in Q1 2025, and up 51.76% quarter-over-quarter from $4.6 billion in Q4 2025.

Palo Alto Networks (PANW) Goodwill (2014 - 2026) Analysis & Trends

Palo Alto Networks' Goodwill history runs 13 years deep, the most recent figure standing at $6.9 billion for Q1 2026.

  • On a quarterly basis, Goodwill rose 71.1% year-over-year to $6.9 billion in Q1 2026; TTM through Jan 2026 was $6.9 billion, a 71.1% increase from a year earlier, with the FY2025 full-year figure at $4.6 billion, up 36.32% from the prior year.
  • Goodwill advanced to $6.9 billion in Q1 2026 per PANW's latest filing, from $4.6 billion in the prior quarter.
  • Across five years, Goodwill topped out at $6.9 billion in Q1 2026 and bottomed at $14.5 million in Q2 2023.
  • The 5-year median for Goodwill is $3.4 billion (2024), against an average of $3.4 billion.
  • Across the five-year window, Goodwill tumbled 99.47% in 2023 and jumped 23160.0% in 2024, its largest moves.
  • Year by year, Goodwill stood at $2.7 billion in 2022, then rose by 6.52% to $2.9 billion in 2023, then soared by 38.4% to $4.1 billion in 2024, then increased by 12.74% to $4.6 billion in 2025, then surged by 51.76% to $6.9 billion in 2026.
  • Per Business Quant, the three latest PANW Goodwill figures stand at $6.9 billion (Q1 2026), $4.6 billion (Q4 2025), and $4.6 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,834.76 Bn 2,710.32 Bn 56.06 Bn
2 PagSeguro Digital 2,643.44 Bn 2,643.44 Bn 358.92 Mn
3 Oracle 345.72 Bn 314.37 Bn -
4 Repay Holdings 297.29 Bn 297.14 Bn -
5 Palantir Technologies 295.33 Bn 287.41 Bn 1.42 Bn
6 Pagaya Technologies 249.07 Bn 249.08 Bn 140.38 Mn
7 Palo Alto Networks 228.92 Bn 224.38 Bn 1.91 Bn
8 CrowdStrike Holdings 183.84 Bn 180.79 Bn 993.68 Mn
9 Fortinet 111.23 Bn 107.94 Bn 1.49 Bn
10 Cloudflare 92.51 Bn 91.57 Bn 455.60 Mn

Historic Data

Download Data
DateValue
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 14.50 Mn
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
Apr 30, 2021 2.71 Bn