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 3136.0% YoY), while the FY2025 annual figure was 28.94%, up 19083.0% from the prior year.
• Tax Rate for Q1 2026 stood at 21.31%, up from 18.93% in the prior quarter.
• The five-year high for Tax Rate was 80.92% in Q3 2022, with the low at 1189.23% in Q1 2024.
• The 5-year median for Tax Rate is 17.71% (2023), against an average of 55.02%.
• The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 118946 bps in 2024, then surged 120707 bps in 2025.
• Palo Alto Networks' Tax Rate stood at 41.86% in 2022, then slipped by 25 bps to 31.28% in 2023, then plunged by 85 bps to 4.62% in 2024, then jumped by 310 bps to 18.93% in 2025, then increased by 13 bps to 21.31% in 2026.
• Business Quant data shows PANW's Tax Rate at 21.31% in Q1 2026, 18.93% in Q4 2025, and 57.11% in Q3 2025.