Current
$211.70B
5-Year Average
$93.62B
All-Time High
$214.24B
All-Time Low
$2.75B
Market cap daily chart for Palo Alto Networks (PANW)
Jun 16, 2021 – Jun 15, 2026 · 1,255 trading days
Market Cap growth chart for Palo Alto Networks (PANW) from 2012 to 2026
Latest: +71.9%
Market Cap history table for Palo Alto Networks (PANW) from 2012 to 2026
| 2026 | $211.70B | +71.9% | +$88.56B | ||
| 2025 | $123.13B | +7.1% | +$8.18B | ||
| 2024 | $114.96B | +34.4% | +$29.40B | ||
| 2023 | $85.56B | +74.0% | +$36.40B | ||
| 2022 | $49.16B | +27.8% | +$10.69B | ||
| 2021 | $38.47B | +55.1% | +$13.67B | ||
| 2020 | $24.80B | +15.8% | +$3.39B | ||
| 2019 | $21.41B | +17.8% | +$3.23B | ||
| 2018 | $18.18B | +52.3% | +$6.24B | ||
| 2017 | $11.94B | +4.7% | +$539.55M | ||
| 2016 | $11.40B | -24.8% | −$3.77B | ||
| 2015 | $15.16B | +152.3% | +$9.15B | ||
| 2014 | $6.01B | +78.7% | +$2.65B | ||
| 2013 | $3.36B | -11.7% | −$447.65M | ||
| 2012 | $3.81B | — | — |
- 2026$211.70B+71.9%
- 2025$123.13B+7.1%
- 2024$114.96B+34.4%
- 2023$85.56B+74.0%
- 2022$49.16B+27.8%
- 2021$38.47B+55.1%
- 2020$24.80B+15.8%
- 2019$21.41B+17.8%
- 2018$18.18B+52.3%
- 2017$11.94B+4.7%
- 2016$11.40B-24.8%
- 2015$15.16B+152.3%
- 2014$6.01B+78.7%
- 2013$3.36B-11.7%
- 2012$3.81B—
Market Cap values are taken from Palo Alto Networks's reported income statements (share counts) and end-of-day prices (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 Market Cap at Palo Alto Networks (PANW)
According to Palo Alto Networks's latest reported financial statements, the company's latest reported market cap is $133.41B. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2026's annual market cap for Palo Alto Networks (PANW) came in at $211.70B – surged 71.9% year-over-year.
Palo Alto Networks market cap compound annual growth for the 2021–2026 (5 years) window is +40.6%, sustaining 10 straight years of year-over-year growth.
The highest annual market cap of $211.70B was reported in 2026. The lowest in the available history was $3.36B in 2013.
Palo Alto Networks Market Cap by Year
Palo Alto Networks Market Cap 2026: $211.70B
Palo Alto Networks posted market cap of $211.70B in 2026, surged 71.9% from 2025. This figure represents the highest annual value in the available history.
Palo Alto Networks Market Cap 2025: $123.13B
In 2025, Palo Alto Networks reported market cap of $123.13B, grew 7.1% from 2024.
Palo Alto Networks Market Cap 2024: $114.96B
Palo Alto Networks market cap in 2024 was $114.96B, surged 34.4% from 2023.
Palo Alto Networks Market Cap 2023: $85.56B
2023's market cap for Palo Alto Networks came in at $85.56B, surged 74.0% from 2022.
Palo Alto Networks Market Cap 2022: $49.16B
Palo Alto Networks market cap in 2022 was $49.16B.
See more financial history for Palo Alto Networks (PANW).
Sector peers by Market Cap
Technology peers of Palo Alto Networks (PANW), ranked by their latest market cap
| $5.15T | |
| $4.35T | |
| $2.97T | |
| $2.29T | |
| $1.87T | |
| $1.23T | |
| $892.36B | |
| $729.47B |
- $5.15T
- $4.35T
- $2.97T
- $2.29T
- $1.87T
- $1.23T
- $892.36B
- $729.47B
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