Palo Alto Networks (PANW) Retained Earnings (2012 - 2026)
Palo Alto Networks' Retained Earnings came in at $2.79 billion for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 12.4% from $2.48 billion a year earlier but down 9.2% from the prior quarter.
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Analysis
Palo Alto Networks (PANW) Retained Earnings (2012 - 2026) Analysis & Trends
Going back to fiscal Q4 2012, Palo Alto Networks' Retained Earnings data covers 57 quarters.
- Going back by fiscal year, Retained Earnings was $2.48 billion in FY2025 (+84.0%), $1.35 billion in FY2024, -$1.23 billion in FY2023 and -$1.67 billion in FY2022.
- The five-year range for quarterly Retained Earnings is -$1.67 billion (fiscal Q3 2022) to $3.25 billion (fiscal Q2 2026).
- Year-over-year, Retained Earnings has increased for seven consecutive quarters, with growth averaging 80.8% over the last seven quarters.
- Business Quant data shows PANW's Retained Earnings at $3.07 billion (Q3 2026), $3.25 billion (Q2 2026) and $2.82 billion (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | 2.79 Bn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | -1.25 Bn |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | -316.70 Mn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | -10.28 Bn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | 234.92 Mn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | -2.38 Bn |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | -1.25 Bn |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | 1.14 Bn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | -1.87 Bn |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn | 3.82 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.79 Bn |
| Apr 30, 2026 | 3.07 Bn |
| Jan 31, 2026 | 3.25 Bn |
| Oct 31, 2025 | 2.82 Bn |
| Jul 31, 2025 | 2.48 Bn |
| Apr 30, 2025 | 2.23 Bn |
| Jan 31, 2025 | 1.97 Bn |
| Oct 31, 2024 | 1.70 Bn |
| Jul 31, 2024 | 1.35 Bn |
| Apr 30, 2024 | 992.50 Mn |
| Jan 31, 2024 | 713.70 Mn |
| Oct 31, 2023 | -1.03 Bn |
| Jul 31, 2023 | -1.23 Bn |
| Apr 30, 2023 | -1.46 Bn |
| Jan 31, 2023 | -1.56 Bn |
| Oct 31, 2022 | -1.65 Bn |
| Jul 31, 2022 | -1.67 Bn |
| Apr 30, 2022 | -1.67 Bn |
| Jan 31, 2022 | -1.60 Bn |
| Oct 31, 2021 | -1.50 Bn |
API Access
Palo Alto Networks Retained 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=retained-earnings&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-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=retained-earnings&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();