Palo Alto Networks (PANW) Intangibles (2013 - 2026)
Palo Alto Networks (PANW) posted quarterly Intangibles of $1.2 billion for Q1 2026, up 61.91% year-over-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.
- In Q1 2026, Intangibles rose 61.91% year-over-year to $1.2 billion; the TTM figure through Jan 2026 stood at $1.2 billion (up 61.91% YoY), while the FY2025 annual figure was $763.0 million, up 103.52% from the prior year.
- Intangibles for Q1 2026 stood at $1.2 billion, up from $723.0 million in the prior quarter.
- The five-year high for Intangibles was $1.2 billion in Q1 2026, with the low 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.
- The sharpest annual moves came in 2022 and 2024: Intangibles declined 24.59% in 2022, then jumped 178.69% in 2024.
- Palo Alto Networks' Intangibles stood at $355.4 million in 2022, then dropped by 18.26% to $290.5 million in 2023, then surged by 178.69% to $809.6 million in 2024, then decreased by 10.7% to $723.0 million in 2025, then jumped by 72.75% to $1.2 billion in 2026.
- Business Quant data shows PANW's Intangibles at $1.2 billion in Q1 2026, $723.0 million in Q4 2025, and $763.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 44.08 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 7.28 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 77.10 Mn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 57.37 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 12.29 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 245.00 Mn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 1.20 Bn |
| 10 | NetApp | 40.59 Bn | 37.00 Bn | 1.37 Bn | 22.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 7.28 Bn |
| 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 |