Palo Alto Networks (PANW) Tax Rate (2012 - 2026)
Palo Alto Networks (PANW) recorded Tax Rate of 42.72% in FY2026 (year ended Jul 31, 2026), up 13.78 percentage points from 28.95% in FY2025.
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Analysis
Palo Alto Networks (PANW) Tax Rate (2012 - 2026) Analysis & Trends
Starting with FY2012, Palo Alto Networks' Tax Rate history includes 4 fiscal years.
- Annual Tax Rate has a three-year change of +20.37 percentage points (FY2023 to FY2026).
- The FY2026 figure is the highest annual Tax Rate since FY2012.
- Per Business Quant data, PANW's Tax Rate was 28.95% in FY2025 and 22.36% in FY2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Yr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 265.98 Bn | 251.06 Bn | 2.30 Bn | 42.72% |
| 2 | CrowdStrike Holdings | 231.16 Bn | 211.60 Bn | 1.10 Bn | - |
| 3 | Snowflake | 104.28 Bn | 91.59 Bn | 1.04 Bn | - |
| 4 | Fortinet | 90.77 Bn | 75.03 Bn | 1.64 Bn | 19.24% |
| 5 | Datadog | 64.41 Bn | 44.95 Bn | 959.92 Mn | 15.19% |
| 6 | Zscaler | 31.78 Bn | 17.94 Bn | 689.22 Mn | - |
| 7 | Okta | 29.81 Bn | 21.96 Bn | 641.00 Mn | 7.84% |
| 8 | Baidu | 27.12 Bn | -46.32 Bn | 1.80 Bn | 18.75% |
| 9 | MongoDB | 26.74 Bn | 17.21 Bn | 569.77 Mn | - |
| 10 | Axon Enterprise | 24.63 Bn | 19.89 Bn | 514.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 42.72% |
| Jul 31, 2025 | 28.95% |
| Jul 31, 2023 | 22.36% |
| Jul 31, 2012 | 73.67% |
API Access
Palo Alto Networks Tax Rate 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-rate-annual&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate-annual", "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-rate-annual&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();