Palo Alto Networks (PANW) Goodwill & Intangibles (2013 - 2026)
Palo Alto Networks (PANW) recorded Goodwill & Intangibles of $29.03 billion in fiscal Q4 2026 (quarter ended Jul 31, 2026), up 444.6% from $5.33 billion a year earlier but down 0.5% from the prior quarter.
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Analysis
Palo Alto Networks (PANW) Goodwill & Intangibles (2013 - 2026) Analysis & Trends
Starting with fiscal Q4 2013, Palo Alto Networks' Goodwill & Intangibles history includes 51 quarters.
- Annual Goodwill & Intangibles has increased for four straight fiscal years, with a five-year compound annual growth rate of 55.3% (FY2021 to FY2026).
- Across earlier fiscal years, Goodwill & Intangibles came in at $5.33 billion in FY2025 (+43.1%), $3.73 billion in FY2024 (+14.9%), $3.24 billion in FY2023 (+3.5%) and $3.13 billion in FY2022 (-2.4%).
- Quarterly Goodwill & Intangibles has ranged from $3.1 billion in fiscal Q1 2023 to $29.19 billion in fiscal Q3 2026 over the past five years.
- On a year-over-year basis, Goodwill & Intangibles has increased for 15 consecutive quarters, with growth averaging 147.6% over the last eight quarters.
- Peak year-over-year performance for Goodwill & Intangibles in the last five years was growth of 510.4% in fiscal Q3 2026, against a decline of 3.1% in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $29.19 billion (Q3 2026), $8.18 billion (Q2 2026) and $5.29 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 29.03 Bn |
| Apr 30, 2026 | 29.19 Bn |
| Jan 31, 2026 | 8.18 Bn |
| Oct 31, 2025 | 5.29 Bn |
| Jul 31, 2025 | 5.33 Bn |
| Apr 30, 2025 | 4.78 Bn |
| Jan 31, 2025 | 4.82 Bn |
| Oct 31, 2024 | 4.86 Bn |
| Jul 31, 2024 | 3.73 Bn |
| Apr 30, 2024 | 3.78 Bn |
| Jan 31, 2024 | 3.81 Bn |
| Oct 31, 2023 | 3.22 Bn |
| Jul 31, 2023 | 3.24 Bn |
| Apr 30, 2023 | 3.27 Bn |
| Jan 31, 2023 | 3.27 Bn |
| Oct 31, 2022 | 3.10 Bn |
| Jul 31, 2022 | 3.13 Bn |
| Apr 30, 2022 | 3.14 Bn |
| Jan 31, 2022 | 3.18 Bn |
| Oct 31, 2021 | 3.20 Bn |
API Access
Palo Alto Networks Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();