Palo Alto Networks, Inc.
PANW Technology Software Infrastructure
Palo Alto Networks, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $11.5 billion, up 24.5% from fiscal 2025. In the quarter to July 2026, revenue grew 34.5%, EPS fell 192.1%, free cash flow grew 34.3% and total debt rose 174.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.
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Palo Alto Networks, Inc. (PANW) EBITDA
Palo Alto Networks, Inc.'s EBITDA for fiscal 2026 was $2.2B, unchanged from fiscal 2025. Over the past ten years it has ranged from −$88.1M (fiscal 2016) to $2.2B (fiscal 2026) — the current reading is the highest in ten years. EBITDA has risen for 10 consecutive fiscal years. Palo Alto Networks, Inc. ranks 10th of 163 Software Infrastructure companies by EBITDA.
EBITDA, annual
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Annual newest first
| Period | EBITDA | Change |
|---|---|---|
| FY2026 | $2.2B | 3.30% |
| FY2025 | $2.1B | 48.05% |
| FY2024 | $1.4B | 29.95% |
| FY2023 | $1.1B | 104.76% |
| FY2022 | $531.0M | 16.75% |
| FY2021 | $454.8M | 14.67% |
| FY2020 | $396.6M | 5.42% |
| FY2019 | $376.2M | 119.61% |
| FY2018 | $171.3M | 498.95% |
| FY2017 | $28.6M | — |
Quarterly newest first
| Period | EBITDA | Change |
|---|---|---|
| Jul 2026 | $713.0M | 124.21% |
| Apr 2026 | $318.0M | (46.55%) |
| Jan 2026 | $595.0M | 11.21% |
| Oct 2025 | $535.0M | (26.61%) |
| 43 more quarters | Free account |
Against its own ten years
EBITDA against peers
| Company | EBITDA |
|---|---|
| ORCL Oracle Corporation compare | $33.9B |
| FTNT Fortinet, Inc. compare | $2.9B |
| SNPS Synopsys, Inc. compare | $2.7B |
| PLTR Palantir Technologies Inc. compare | $2.7B |
| PANW Palo Alto Networks, Inc. | $2.2B |
| CRWD CrowdStrike compare | $646.2M |
| XYZ Block, Inc. compare | $356.0M |
| NBIS Nebius Group N.V. compare | $141.9M |
| NET Cloudflare, Inc. compare | −$1.6M |
What EBITDA is
EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.
Reported line item
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- Revenue
- Net income
- EPS (diluted)
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- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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