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Palo Alto Networks (PANW) Tax Rate (2016 - 2026)

Palo Alto Networks' Tax Rate history spans 16 years, with the latest figure at 21.31% for Q1 2026.

  • Quarterly Tax Rate rose 347.0% to 21.31% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 31.2% through Jan 2026, up 3051.0% year-over-year, with the annual reading at 28.94% for FY2025, 18975.0% up from the prior year.
  • Tax Rate came in at 21.31% for Q1 2026, 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.
  • The 5-year median for Tax Rate is 17.71% (2023), against an average of 54.82%.
  • Year-over-year, Tax Rate tumbled -118946bps in 2024 and then surged 120707bps in 2025.
  • Palo Alto Networks' Tax Rate stood at 41.86% in 2022, then fell by -25bps to 31.28% in 2023, then crashed by -85bps to 4.62% in 2024, then skyrocketed by 310bps to 18.93% in 2025, then increased by 13bps to 21.31% in 2026.
  • Per Business Quant, the three most recent readings for PANW's Tax Rate are 21.31% (Q1 2026), 18.93% (Q4 2025), and 57.11% (Q3 2025).