Palo Alto Networks (PANW) Tax Rate (2011 - 2026)

Palo Alto Networks' Tax Rate history runs 16 years deep, the most recent figure standing at 21.31% for Q1 2026.

• In Q1 2026, Tax Rate rose 347.0% year-over-year to 21.31%; the TTM figure through Jan 2026 stood at 31.2% (up 3051.0% YoY), while the FY2025 annual figure was 28.94%, up 18975.0% from the prior year.
• Tax Rate was 21.31% for Q1 2026 at Palo Alto Networks, up from 18.93% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 80.92% in Q3 2022 to a low of 1189.23% in Q1 2024.
• Historically, Tax Rate has averaged 54.82% across 5 years, with a median of 17.71% in 2023.
• The sharpest annual moves came in 2024 and 2025: Tax Rate sank 118946 bps in 2024, then soared 120707 bps in 2025.
• A 5-year view of Tax Rate shows it stood at 41.86% in 2022, then dropped by 25 bps to 31.28% in 2023, then sank by 85 bps to 4.62% in 2024, then surged by 310 bps to 18.93% in 2025, then rose by 13 bps to 21.31% in 2026.
• The last three Tax Rate figures came in at 21.31% (Q1 2026), 18.93% (Q4 2025), and 57.11% (Q3 2025), per Business Quant data.