Palo Alto Networks (PANW) Price to Sales (2012 - 2026)
Palo Alto Networks' (PANW) quarterly Price to Sales came in at 23.56 in Q3 2026, up 87.32% year-over-year from 12.58 in Q3 2025, and up 71.38% on a QoQ basis from 13.75 in Q2 2026.
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Analysis
Palo Alto Networks (PANW) Price to Sales (2012 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 15 years of Price to Sales data on file, last reported at 23.56 in Q3 2026.
- On a quarterly basis, Price to Sales rose 87.32% year-over-year to 23.56 in Q3 2026; TTM through Jul 2026 was 23.56, a 87.32% increase from a year earlier, with the FY2026 full-year figure at 23.56, up 87.32% from the prior year.
- Price to Sales for Q3 2026 stood at 23.56, up from 13.75 in the prior quarter.
- Across five years, Price to Sales topped out at 23.56 in Q3 2026 and bottomed at 7.79 in Q1 2023.
- Historically, Price to Sales has averaged 12.53 across 5 years, with a median of 12.58 in 2026.
- The widest annual swing landed in 2023, when Price to Sales fell 25.72%; it then surged 87.32% in 2026.
- Year by year, Price to Sales stood at 8.92 in 2022, then advanced by 18.63% to 10.58 in 2023, then soared by 34.69% to 14.25 in 2024, then climbed by 11.95% to 15.95 in 2025, then jumped by 47.71% to 23.56 in 2026.
- Per Business Quant data, the three most recent Price to Sales figures were 23.56 in Q3 2026, 13.75 in Q2 2026, and 12.58 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 | 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();