Palo Alto Networks (PANW) Tax Provisions (2011 - 2026)
Palo Alto Networks' Tax Provisions came in at $13 million for fiscal Q4 2026 (quarter ended Jul 31, 2026), down 96.2% from $338 million a year earlier and down 38.1% from the prior quarter.
Palo Alto Networks (PANW) Tax Provisions (2011 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks' Tax Provisions was $229 million, down 50.4% from FY2025.
- Tax Provisions carries a five-year compound annual growth rate of 46.5% (FY2021 to FY2026).
- Going back by fiscal year, Tax Provisions was $462 million in FY2025, -$1.59 billion in FY2024, $126.6 million in FY2023 (+111.7%) and $59.8 million in FY2022 (+76.4%).
- The fiscal Q4 2026 figure represents the lowest quarterly Tax Provisions since fiscal Q4 2024.
- Year-over-year, Tax Provisions increased in two of the last five quarters, with growth averaging 45.3%.
- The fastest year-over-year change in Tax Provisions over five years came in fiscal Q4 2023 (growth of 534.3%), and the weakest in fiscal Q2 2023 (a decline of 98.4%).
- Business Quant data shows PANW's Tax Provisions at $21 million (Q3 2026), $117 million (Q2 2026) and $78 million (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 264.75 Bn | 249.82 Bn | 2.30 Bn | 13.00 Mn |
| 2 | CrowdStrike Holdings | 238.93 Bn | 219.33 Bn | 1.10 Bn | -1.40 Mn |
| 3 | Fortinet | 127.84 Bn | 113.77 Bn | 1.64 Bn | 115.00 Mn |
| 4 | Snowflake | 110.22 Bn | 97.54 Bn | 1.04 Bn | 3.43 Mn |
| 5 | Datadog | 89.46 Bn | 71.10 Bn | 881.34 Mn | 7.20 Mn |
| 6 | Zscaler | 33.91 Bn | 20.03 Bn | - | - |
| 7 | Okta | 33.86 Bn | 23.96 Bn | 641.00 Mn | 10.00 Mn |
| 8 | Axon Enterprise | 32.92 Bn | 27.44 Bn | 546.45 Mn | 3.26 Mn |
| 9 | MongoDB | 27.85 Bn | 18.31 Bn | 569.77 Mn | 5.01 Mn |
| 10 | F5 | 25.12 Bn | 19.53 Bn | 711.51 Mn | 17.99 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 13.00 Mn |
| Apr 30, 2026 | 21.00 Mn |
| Jan 31, 2026 | 117.00 Mn |
| Oct 31, 2025 | 78.00 Mn |
| Jul 31, 2025 | 338.00 Mn |
| Apr 30, 2025 | 49.00 Mn |
| Jan 31, 2025 | 58.00 Mn |
| Oct 31, 2024 | 17.00 Mn |
| Jul 31, 2024 | -39.40 Mn |
| Apr 30, 2024 | -27.60 Mn |
| Jan 31, 2024 | -1.61 Bn |
| Oct 31, 2023 | 88.40 Mn |
| Jul 31, 2023 | 88.80 Mn |
| Apr 30, 2023 | 23.20 Mn |
| Jan 31, 2023 | 200,000.00 |
| Oct 31, 2022 | 14.40 Mn |
| Jul 31, 2022 | 14.00 Mn |
| Apr 30, 2022 | 20.70 Mn |
| Jan 31, 2022 | 12.70 Mn |
| Oct 31, 2021 | 12.40 Mn |
Palo Alto Networks Tax Provisions 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=tax-provisions&ticker=PANW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();