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NASDAQ · Software - Infrastructure · USD

Palo Alto Networks, Inc. (PANW) Stock Analysis

Palo Alto Networks, Inc. (PANW) is a Software - Infrastructure stock listed on NASDAQ and quoted in US Dollar.

PANW

$333.26

+$1.32 (+0.40%)

Sep 4, 2026 · Market close

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Price History

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PANW Key Statistics

As of Sep 4, 2026
Trading
Open
$329.66
Previous Close
$331.94
Day's Range
328.00–339.10
52-Week Range
139.57–398.88
Volume
5.64M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.91
Valuation
Market Cap
$271.61B
P/E Ratio
287.29
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
68.09
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.67
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
23.66
EPS (ttm)Profit attributable to each share over the last twelve months.
1.16
Financials (FY)
Revenue (FY)
$9.22B+14.87%
Net Income (FY)
$1.13B−56.01%
Profit marginThe share of revenue left as profit after all costs and taxes.
2.67%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
815.00M
1-Year Return
+73.26%
Dividend and dates
Earnings Date
November 19, 2026estimated
Avg Volume
6.75M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

PANW Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+80.92%
2025+1.23%
2024+23.41%
2023+111.32%
2022−24.81%
2021+56.66%
2020+53.68%
2019+22.78%
2018+29.95%
2017+15.91%
2016 (partial year)−2.61%

As of September 4, 2026.

PANW Revenue and Earnings by Fiscal Year

FY ends July
Fiscal yearRevenueNet incomeNet margin
2025$9.22B$1.13B12.3%
2024$8.03B$2.58B32.1%
2023$6.89B$439.70M6.4%
2022$5.50B−$267.00M−4.9%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$9.22B$6.77B$1.24B$1.13B12.3%
2024$8.03B$5.97B$683.90M$2.58B32.1%
2023$6.89B$4.98B$387.30M$439.70M6.4%
2022$5.50B$3.78B−$188.80M−$267.00M−4.9%

Annual figures as reported, in the company's reporting currency. As of July 31, 2025.

PANW Valuation vs Software - Infrastructure Median

Median of 187 stocks
MetricPANWSoftware - Infrastructure medianvs median
P/E287.2925.5111.3x the median
P/S ratio23.663.486.8x the median
Profit margin2.67%0.00%2.7 pts above

Medians across 187 Software - Infrastructure stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Palo Alto Networks, Inc. (PANW) is capitalised at $271.61B on the latest close. It is classified in the Software - Infrastructure industry, within the Technology sector.

Over the past 52 weeks the price has ranged from $139.57 to $398.88. PANW last closed at $333.26 on September 4, 2026. That is +$1.32 (+0.40%) against the previous close. The latest close sits 138.78% above that 52-week low.

Financial Health

In fiscal 2025, Palo Alto Networks, Inc. reported revenue of $9.22B. That is +14.87% against the prior fiscal year, when revenue was $8.03B. Net income for the same year was $1.13B. That is −56.01% against the prior fiscal year. The reported profit margin is 2.67%. That is 2.7 percentage points above the Software - Infrastructure median of 0%. Earnings per share on a trailing basis come to 1.16.

Across the 4 fiscal years on file, revenue moves from $5.50B in 2022 to $9.22B in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 287.29. That is 11.3 times the Software - Infrastructure median of 25.51. On forward earnings the ratio is 68.09. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.67. The price-to-sales ratio is 23.66. On price-to-sales that is 6.8 times the Software - Infrastructure median of 3.48. The medians here are taken across 187 Software - Infrastructure companies that report the metric.

The reported beta is 0.91. Annualized volatility over the trailing 10 years is 39.28%. The trailing one-year price return is +73.26%. Across 10 years the annualized return works out at +29.99%.

Growth & Income

No dividend is on file for PANW.

2026 is still running; the price is +80.92% year to date. The strongest complete calendar year on file is 2023 at +111.32%; the weakest is 2022 at −24.81%. Of the 9 complete calendar years on file, 8 finished higher.

Peer Comparison

Palo Alto Networks, Inc. (PANW) operates in the Software - Infrastructure industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Palo Alto Networks, Inc. PANW $271.61B 287.3
Microsoft Corporation MSFT $3.71T 28.4
Oracle Corporation ORCL $457.36B 27.3
Palantir Technologies Inc. PLTR $418.93B 155.7

The Software - Infrastructure industry average P/E ratio is 25.5x. Palo Alto Networks, Inc. trades at a P/E of 287.3.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Palo Alto Networks, Inc.

Palo Alto Networks, Inc. provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers Prisma Access, a secure access service edge solution; Strata Cloud Manager, a network security management solution; and Prisma AIRS to protect customers' entire AI ecosystem. It provides a comprehensive cloud native application protection platform; and Code to Cloud platform, as well as offers VM-Series and CN-Series virtual firewalls for inline network security on multi- and hybrid-cloud environments. It provides security operation solutions through the Cortex platform that includes Cortex XSIAM, an AI-driven security operations platform; Cortex XDR to prevent, detect, and respond to cybersecurity attacks; and Cortex XSOAR for security orchestration, automation, and response; and Cortex Xpanse for attack surface management, as well as offers threat intelligence and advisory services under the Unit 42 name. It provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline; and threat intelligence, data loss prevention, services to resolve network disruptions, and sensitive data protection. It offers professional services, including architecture design and planning, implementation, configuration, and firewall migration; education services, such as certifications, as well as online and in-classroom training; and support services. It sells its products and services through its channel partners, as well as directly to enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. The company was incorporated in 2005 and is headquartered in Santa Clara, California.

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