Palo Alto Networks (PANW) Price to Earnings (2012 - 2026)
Palo Alto Networks' (PANW) quarterly Price to Earnings came in at 880.92 in Q3 2026, up 761.43% year-over-year from 102.26 in Q3 2025, and up 409.38% on a QoQ basis from 172.94 in Q2 2026.
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Palo Alto Networks (PANW) Price to Earnings (2012 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 5 years of Price to Earnings data on file, last reported at 880.92 in Q3 2026.
- On a quarterly basis, Price to Earnings rose 761.43% year-over-year to 880.92 in Q3 2026; TTM through Jul 2026 was 880.92, a 761.43% increase from a year earlier, with the FY2026 full-year figure at 880.92, up 761.43% from the prior year.
- Price to Earnings for Q3 2026 stood at 880.92, up from 172.94 in the prior quarter.
- Across five years, Price to Earnings topped out at 1398.62 in Q1 2023 and bottomed at 38.44 in Q2 2024.
- Historically, Price to Earnings has averaged 247.65 across 4 years, with a median of 102.26 in 2025.
- The widest annual swing landed in 2024, when Price to Earnings plunged 96.57%; it then jumped 761.43% in 2026.
- Year by year, Price to Earnings stood at 124.18 in 2023, then sank by 65.23% to 43.18 in 2024, then soared by 216.02% to 136.44 in 2025, then jumped by 545.63% to 880.92 in 2026.
- Per Business Quant data, the three most recent Price to Earnings figures were 880.92 in Q3 2026, 172.94 in Q2 2026, and 97.04 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 880.92 |
| Apr 30, 2026 | 172.94 |
| Jan 31, 2026 | 97.04 |
| Oct 31, 2025 | 136.44 |
| Jul 31, 2025 | 102.26 |
| Apr 30, 2025 | 100.54 |
| Jan 31, 2025 | 97.05 |
| Oct 31, 2024 | 43.18 |
| Jul 31, 2024 | 40.95 |
| Apr 30, 2024 | 38.44 |
| Jan 31, 2024 | 47.98 |
| Oct 31, 2023 | 124.18 |
| Jul 31, 2023 | 175.26 |
| Apr 30, 2023 | 258.99 |
| Jan 31, 2023 | 1,398.62 |
| Jul 31, 2012 | 279,445.33 |
API Access
Palo Alto Networks Price to Earnings 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=price-to-earnings&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();