Palo Alto Networks (PANW) Intangibles (2013 - 2026)
Palo Alto Networks (PANW) recorded quarterly Intangibles of $1.2 billion in Q1 2026, up 72.75% quarter-over-quarter from $723.0 million in Q4 2025, and up 61.91% on a YoY basis from $771.4 million in Q1 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 was $1.2 billion for Q1 2026 at Palo Alto Networks, up from $723.0 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $1.2 billion in Q1 2026 to a low of $290.5 million in Q4 2023.
- Historically, Intangibles has averaged $539.6 million across 5 years, with a median of $412.1 million in 2022.
- The sharpest annual moves came in 2022 and 2024: Intangibles fell 24.59% in 2022, then surged 178.69% in 2024.
- A 5-year view of Intangibles shows it 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.
- The last three Intangibles figures came in at $1.2 billion (Q1 2026), $723.0 million (Q4 2025), and $763.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 43.91 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 1.68 Bn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 3.64 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 1.25 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 136.70 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 87.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 12.29 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 38.31 Mn |
| 10 | CoreWeave | 51.85 Bn | 49.58 Bn | 2.01 Bn | 224.00 Mn |
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 |