Palo Alto Networks (PANW) Net of Acquisitions & Divestments (2014 - 2026)
Palo Alto Networks' Net of Acquisitions & Divestments came in at -$100 million for fiscal Q4 2026 (quarter ended Jul 31, 2026), compared with -$555 million a year earlier.
Palo Alto Networks (PANW) Net of Acquisitions & Divestments (2014 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks' Net of Acquisitions & Divestments was -$4.66 billion.
- Going back by fiscal year, Net of Acquisitions & Divestments was -$1.05 billion in FY2025, -$611 million in FY2024, -$204.5 million in FY2023 and -$37 million in FY2022.
- The five-year range for quarterly Net of Acquisitions & Divestments is -$2.58 billion (fiscal Q2 2026) to $1 million (fiscal Q2 2025).
- Business Quant data shows PANW's Net of Acquisitions & Divestments at -$1.99 billion (Q3 2026), -$2.58 billion (Q2 2026) and -$2 million (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 235.00 Bn | 220.07 Bn | 2.30 Bn | -100.00 Mn |
| 2 | CrowdStrike Holdings | 221.18 Bn | 201.58 Bn | 1.10 Bn | - |
| 3 | Snowflake | 96.49 Bn | 83.81 Bn | 1.04 Bn | - |
| 4 | Fortinet | 87.26 Bn | 71.51 Bn | 1.64 Bn | -9.80 Mn |
| 5 | Datadog | 64.27 Bn | 44.82 Bn | 959.92 Mn | -3.30 Mn |
| 6 | Zscaler | 31.67 Bn | 17.82 Bn | 689.22 Mn | -148.03 Mn |
| 7 | Okta | 29.42 Bn | 19.51 Bn | 641.00 Mn | - |
| 8 | Axon Enterprise | 25.30 Bn | 19.82 Bn | 546.45 Mn | -1.91 Mn |
| 9 | MongoDB | 25.20 Bn | 15.67 Bn | 569.77 Mn | -9.24 Mn |
| 10 | Roku | 23.89 Bn | 13.92 Bn | 648.52 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -100.00 Mn |
| Apr 30, 2026 | -1.99 Bn |
| Jan 31, 2026 | -2.58 Bn |
| Oct 31, 2025 | -2.00 Mn |
| Jul 31, 2025 | -555.00 Mn |
| Jan 31, 2025 | 1.00 Mn |
| Oct 31, 2024 | -500.00 Mn |
| Jul 31, 2024 | -400,000.00 |
| Jan 31, 2024 | -610.60 Mn |
| Apr 30, 2023 | -18.90 Mn |
| Jan 31, 2023 | -185.60 Mn |
| Jul 31, 2022 | -19.60 Mn |
| Oct 31, 2021 | -17.40 Mn |
| Apr 30, 2021 | -146.80 Mn |
| Jan 31, 2021 | -405.40 Mn |
| Oct 31, 2020 | -225.10 Mn |
| Apr 30, 2020 | -387.80 Mn |
| Jan 31, 2020 | -129.30 Mn |
| Oct 31, 2019 | -66.40 Mn |
| Jul 31, 2019 | -390.90 Mn |
Palo Alto Networks Net of Acquisitions & Divestments 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=net-of-acquisitions-and-divestments&ticker=PANW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-of-acquisitions-and-divestments", "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=net-of-acquisitions-and-divestments&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();