TTM
$1.77B
YoY change
+52.1%
5Y CAGR
+100.8%
Peak year (2025)
$1.94B
Cumulative EBITDA
$4.95B
EBITDA history chart for Palo Alto Networks (PANW) from 2009 to 2025
Latest: $1.94B
EBITDA growth chart for Palo Alto Networks (PANW) from 2009 to 2025
Latest: +52.1%
EBITDA history table for Palo Alto Networks (PANW) from 2009 to 2025
| 2025 | $1.94B | +52.1% | +$664.60M | ||
| 2024 | $1.28B | +46.9% | +$407.40M | ||
| 2023 | $869.00M | +809.0% | +$773.40M | ||
| 2022 | $95.60M | -305.2% | +$142.20M | ||
| 2021 | −$46.60M | -178.3% | −$106.10M | ||
| 2020 | $59.50M | -63.5% | −$103.60M | ||
| 2019 | $163.10M | +687.9% | +$142.40M | ||
| 2018 | $20.70M | -121.6% | +$116.50M | ||
| 2017 | −$95.80M | -9.7% | +$10.30M | ||
| 2016 | −$106.10M | +50.1% | −$35.40M | ||
| 2015 | −$70.70M | -64.8% | +$130.20M | ||
| 2014 | −$200.90M | +2211.9% | −$192.21M | ||
| 2013 | −$8.69M | -196.9% | −$17.66M | ||
| 2012 | $8.97M | -209.2% | +$17.18M | ||
| 2011 | −$8.21M | -57.9% | +$11.32M | ||
| 2010 | −$19.53M | +9.4% | −$1.67M | ||
| 2009 | −$17.86M | — | — |
- 2025$1.94B+52.1%
- 2024$1.28B+46.9%
- 2023$869.00M+809.0%
- 2022$95.60M-305.2%
- 2021−$46.60M-178.3%
- 2020$59.50M-63.5%
- 2019$163.10M+687.9%
- 2018$20.70M-121.6%
- 2017−$95.80M-9.7%
- 2016−$106.10M+50.1%
- 2015−$70.70M-64.8%
- 2014−$200.90M+2211.9%
- 2013−$8.69M-196.9%
- 2012$8.97M-209.2%
- 2011−$8.21M-57.9%
- 2010−$19.53M+9.4%
- 2009−$17.86M—
EBITDA values are taken from Palo Alto Networks's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Palo Alto Networks (PANW)
According to Palo Alto Networks's latest reported financial statements, the company's current EBITDA (TTM) is $1.77B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual EBITDA for Palo Alto Networks (PANW) came in at $1.94B – surged 52.1% year-over-year.
Across 2020–2025 (5 years), Palo Alto Networks EBITDA produced a CAGR of +100.8% – sustaining 4 straight years of year-over-year growth.
Across the available history, EBITDA reached its high of $1.94B in 2025 and its low of −$200.90M in 2014.
Palo Alto Networks EBITDA by Year
Palo Alto Networks EBITDA 2025: $1.94B
In 2025, Palo Alto Networks reported EBITDA of $1.94B, surged 52.1% from 2024. This figure represents the highest annual value in the available history.
Palo Alto Networks EBITDA 2024: $1.28B
Palo Alto Networks EBITDA in 2024 was $1.28B, surged 46.9% from 2023.
Palo Alto Networks EBITDA 2023: $869.00M
2023's EBITDA for Palo Alto Networks came in at $869.00M, surged 809.0% from 2022.
Palo Alto Networks EBITDA 2022: $95.60M
Palo Alto Networks posted EBITDA of $95.60M in 2022, plunged 305.2% below 2021.
Palo Alto Networks EBITDA 2021: −$46.60M
Palo Alto Networks EBITDA in 2021 was −$46.60M.
See more financial history for Palo Alto Networks (PANW).
Sector peers by EBITDA
Technology peers of Palo Alto Networks (PANW), ranked by their latest EBITDA
| $160.16B | |
| $144.55B | |
| $144.43B | |
| $88.75B | |
| $34.71B | |
| $18.49B | |
| $14.61B | |
| $7.28B |
- $160.16B
- $144.55B
- $144.43B
- $88.75B
- $34.71B
- $18.49B
- $14.61B
- $7.28B
Frequently asked questions
Palo Alto Networks (PANW) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation