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

Palo Alto Networks has disclosed Tax Rate across 16 years of filings, most recently posting 21.31% for Q1 2026.

• Tax Rate for Q1 2026 came in at 21.31%, up 347.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 31.2% (up 3051.0% YoY), and the FY2025 annual result was 28.94%, up 18975.0% from the prior year.
• Tax Rate came in at 21.31% for Q1 2026 at Palo Alto Networks, up from 18.93% in the prior quarter.
• Over the last five years, Tax Rate for PANW reached as high as 80.92% in Q3 2022 and fell as low as 1189.23% in Q1 2024.
• Median Tax Rate over the past 5 years was 17.71% (2023), compared with a mean of 54.82%.
• Year-over-year, Tax Rate plunged 118946 bps in 2024 and jumped 120707 bps in 2025.
• Over 5 years, Tax Rate stood at 41.86% in 2022, then dropped by 25 bps to 31.28% in 2023, then tumbled 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.
• Per Business Quant, the three latest PANW Tax Rate figures stand at 21.31% (Q1 2026), 18.93% (Q4 2025), and 57.11% (Q3 2025).