Palo Alto Networks (PANW) Intangibles (2013 - 2026)
Palo Alto Networks (PANW) reported Intangibles of $7.02 billion for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 819.7% from $763 million a year earlier but down 3.7% from the prior quarter.
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Analysis
Palo Alto Networks (PANW) Intangibles (2013 - 2026) Analysis & Trends
Dating back to fiscal Q4 2013, Palo Alto Networks' Intangibles record includes 51 quarters.
- Intangibles has increased for three consecutive fiscal years, with a five-year compound annual growth rate of 69.7% (FY2021 to FY2026).
- By fiscal year, Intangibles came in at $763 million in FY2025 (+103.5%), $374.9 million in FY2024 (+18.9%), $315.4 million in FY2023 (-18.0%) and $384.5 million in FY2022 (-22.9%).
- Five-year quarterly Intangibles spans a low of $290.5 million in fiscal Q1 2024 and a high of $7.28 billion in fiscal Q3 2026.
- Year over year, Intangibles has now increased in each of the last three quarters, with growth averaging 275.6% over the last eight quarters.
- The high point for year-over-year Intangibles in five years was fiscal Q3 2026 (growth of 897.4%); the low point was fiscal Q1 2023 (a decline of 24.6%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $7.28 billion (Q3 2026), $1.25 billion (Q2 2026) and $723 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.75 Bn | 249.82 Bn | 2.30 Bn | 7.02 Bn |
| 2 | CrowdStrike Holdings | 238.93 Bn | 219.33 Bn | 1.10 Bn | 273.24 Mn |
| 3 | Fortinet | 127.84 Bn | 113.77 Bn | 1.64 Bn | 77.10 Mn |
| 4 | Snowflake | 110.22 Bn | 97.54 Bn | 1.04 Bn | 426.53 Mn |
| 5 | Datadog | 89.46 Bn | 71.10 Bn | 881.34 Mn | 23.16 Mn |
| 6 | Zscaler | 33.91 Bn | 20.03 Bn | - | 214.36 Mn |
| 7 | Okta | 33.86 Bn | 23.96 Bn | 641.00 Mn | 80.00 Mn |
| 8 | Axon Enterprise | 32.92 Bn | 27.44 Bn | 546.45 Mn | 281.58 Mn |
| 9 | MongoDB | 27.85 Bn | 18.31 Bn | 569.77 Mn | 30.73 Mn |
| 10 | F5 | 25.12 Bn | 19.53 Bn | 711.51 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 7.02 Bn |
| 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 |
API Access
Palo Alto Networks 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=intangibles&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=intangibles&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();