Palo Alto Networks (PANW) Intangibles (2013 - 2026)
Palo Alto Networks' (PANW) quarterly Intangibles came in at $1.2 billion in Q1 2026, up 61.91% year-on-year from $771.4 million in Q1 2025, and up 72.75% quarter-over-quarter from $723.0 million in Q4 2025.
Palo Alto Networks (PANW) Intangibles (2013 - 2026) Analysis & Trends
Palo Alto Networks' Intangibles history runs 14 years deep, the most recent figure standing at $1.2 billion for Q1 2026.
- On a quarterly basis, Intangibles rose 61.91% year-over-year to $1.2 billion in Q1 2026; TTM through Jan 2026 was $1.2 billion, a 61.91% increase from a year earlier, with the FY2025 full-year figure at $763.0 million, up 103.52% from the prior year.
- Intangibles climbed to $1.2 billion in Q1 2026 per PANW's latest filing, from $723.0 million in the prior quarter.
- Across five years, Intangibles topped out at $1.2 billion in Q1 2026 and bottomed at $290.5 million in Q4 2023.
- The 5-year median for Intangibles is $412.1 million (2022), against an average of $539.6 million.
- Across the five-year window, Intangibles decreased 24.59% in 2022 and jumped 178.69% in 2024, its largest moves.
- Year by year, Intangibles stood at $355.4 million in 2022, then declined by 18.26% to $290.5 million in 2023, then soared by 178.69% to $809.6 million in 2024, then slipped by 10.7% to $723.0 million in 2025, then surged by 72.75% to $1.2 billion in 2026.
- Per Business Quant, the three latest PANW Intangibles figures stand at $1.2 billion (Q1 2026), $723.0 million (Q4 2025), and $763.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,842.90 Bn | 2,718.46 Bn | 56.06 Bn | 43.91 Bn |
| 2 | PagSeguro Digital | 2,572.26 Bn | 2,572.26 Bn | 358.92 Mn | 612.96 Mn |
| 3 | Oracle | 329.59 Bn | 297.69 Bn | - | - |
| 4 | Repay Holdings | 314.63 Bn | 314.48 Bn | - | 329.84 Mn |
| 5 | Palantir Technologies | 294.47 Bn | 286.44 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 227.51 Bn | 222.98 Bn | 1.91 Bn | 1.25 Bn |
| 7 | CrowdStrike Holdings | 183.28 Bn | 180.18 Bn | 993.68 Mn | 136.70 Mn |
| 8 | Fortinet | 112.44 Bn | 109.14 Bn | 1.49 Bn | 87.00 Mn |
| 9 | Cloudflare | 92.78 Bn | 91.83 Bn | 455.60 Mn | 38.31 Mn |
| 10 | Synopsys | 70.83 Bn | 68.63 Bn | 1.77 Bn | 12.29 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 1.25 Bn |
| Oct 31, 2025 | 723.00 Mn |
| Jul 31, 2025 | 763.00 Mn |
| Apr 30, 2025 | 730.20 Mn |
| Jan 31, 2025 | 771.40 Mn |
| Oct 31, 2024 | 809.60 Mn |
| Jul 31, 2024 | 374.90 Mn |
| Apr 30, 2024 | 407.90 Mn |
| Jan 31, 2024 | 440.10 Mn |
| Oct 31, 2023 | 290.50 Mn |
| Jul 31, 2023 | 315.40 Mn |
| Apr 30, 2023 | 340.60 Mn |
| Jan 31, 2023 | 361.70 Mn |
| Oct 31, 2022 | 355.40 Mn |
| Jul 31, 2022 | 384.50 Mn |
| Apr 30, 2022 | 412.10 Mn |
| Jan 31, 2022 | 443.90 Mn |
| Oct 31, 2021 | 471.30 Mn |
| Jul 31, 2021 | 498.60 Mn |
| Apr 30, 2021 | 530.30 Mn |