EBITDA for Palo Alto Networks (PANW)
According to Palo Alto Networks's latest reported financial statements, the company's current EBITDA (TTM) is $2.20B USD. 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 .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$2.20B
YoY change
+52.1%
5Y CAGR
+100.8%
Peak year (2025)
$1.94B
Cumulative EBITDA
$3.86B
EBITDA history chart for Palo Alto Networks (PANW) from 2009 to 2025
EBITDA history table for Palo Alto Networks (PANW) from 2009 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 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 (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
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.
Among 8 Technology peers, Palo Alto Networks (PANW) ranks 9th; the peer median for EBITDA is $89.57B.
Palo Alto Networks EBITDA by Year
Palo Alto Networks EBITDA 2025: $1.94B
Palo Alto Networks EBITDA in 2025 was $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
Palo Alto Networks EBITDA in 2023 was $869.00M, surged 809.0% from 2022.
Palo Alto Networks EBITDA 2022: $95.60M
Palo Alto Networks EBITDA in 2022 was $95.60M, 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 — EBITDA
Companies in the same sector as Palo Alto Networks, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.75T | Technology |
| Microsoft Corporation (MSFT) | $160.16B | Technology |
| NVIDIA Corporation (NVDA) | $144.55B | Technology |
| Apple Inc. (AAPL) | $144.43B | Technology |
| Broadcom Inc. (AVGO) | $34.71B | Technology |
| Micron Technology, Inc. (MU) | $18.49B | Technology |
| ASML Holding N.V. (ASML) | $12.55B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $7.28B | Technology |
Frequently asked questions
What is Palo Alto Networks's EBITDA?
- Latest reported EBITDA for Palo Alto Networks (PANW) is $2.20B (period ending January 31, 2026).
How has Palo Alto Networks EBITDA changed year-over-year?
- Palo Alto Networks (PANW) EBITDA changed +52.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Palo Alto Networks EBITDA?
- Palo Alto Networks (PANW) EBITDA compound annual growth rate is +100.8% over the most recent 5 years available.
When did Palo Alto Networks EBITDA hit its highest annual value?
- Palo Alto Networks EBITDA reached its highest annual value of $1.94B in 2025.
What was Palo Alto Networks EBITDA in 2024?
- Palo Alto Networks (PANW) EBITDA in 2024 was $1.28B.
What was Palo Alto Networks EBITDA in 2025?
- Palo Alto Networks (PANW) EBITDA in 2025 was $1.94B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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