Palo Alto Networks (PANW) Price to Sales (2012 - 2026)
Palo Alto Networks' (PANW) Price to Sales came in at 23.56 for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 87.3% from 12.58 a year earlier and up 71.4% from the prior quarter.
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Analysis
Palo Alto Networks (PANW) Price to Sales (2012 - 2026) Analysis & Trends
Since fiscal Q4 2012, Palo Alto Networks has reported Price to Sales for 57 quarters.
- In prior fiscal years, Palo Alto Networks' Price to Sales was 12.58 in FY2025 (-4.4%), 13.15 in FY2024 (+17.6%), 11.18 in FY2023 (+23.7%) and 9.04 in FY2022 (-1.0%).
- The fiscal Q4 2026 figure stands as the highest quarterly Price to Sales in data going back to fiscal Q4 2012.
- On a year-over-year basis, Price to Sales increased in four of the last eight quarters, with growth averaging 16.3%.
- The strongest year-over-year quarter for Price to Sales in the past five years was fiscal Q1 2022, with growth of 87.6%; the weakest was fiscal Q2 2023, with a decline of 25.7%.
- According to Business Quant data, Price to Sales for the three prior fiscal quarters was 13.75 (Q3 2026), 12.58 (Q2 2026) and 15.95 (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.53 Bn | 240.60 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 230.03 Bn | 210.43 Bn | 1.10 Bn |
| 3 | Fortinet | 123.13 Bn | 109.06 Bn | 1.64 Bn |
| 4 | Snowflake | 107.35 Bn | 94.67 Bn | 1.04 Bn |
| 5 | Datadog | 87.69 Bn | 69.33 Bn | 881.34 Mn |
| 6 | Zscaler | 32.63 Bn | 18.74 Bn | - |
| 7 | Okta | 32.61 Bn | 22.70 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 32.22 Bn | 26.75 Bn | 546.45 Mn |
| 9 | MongoDB | 26.93 Bn | 17.40 Bn | 569.77 Mn |
| 10 | F5 | 24.99 Bn | 19.40 Bn | 711.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 23.56 |
| Apr 30, 2026 | 13.75 |
| Jan 31, 2026 | 12.58 |
| Oct 31, 2025 | 15.95 |
| Jul 31, 2025 | 12.58 |
| Apr 30, 2025 | 14.03 |
| Jan 31, 2025 | 14.21 |
| Oct 31, 2024 | 14.25 |
| Jul 31, 2024 | 13.15 |
| Apr 30, 2024 | 12.07 |
| Jan 31, 2024 | 14.51 |
| Oct 31, 2023 | 10.58 |
| Jul 31, 2023 | 11.18 |
| Apr 30, 2023 | 8.59 |
| Jan 31, 2023 | 7.79 |
| Oct 31, 2022 | 8.92 |
| Jul 31, 2022 | 9.04 |
| Apr 30, 2022 | 10.81 |
| Jan 31, 2022 | 10.49 |
| Oct 31, 2021 | 11.03 |
API Access
Palo Alto Networks Price to Sales 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-sales&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();