Palo Alto Networks (PANW) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.9% | -15.9% | +7.7% | +11.9% | +57.1% | -0.7% | — | — | — | — | — | — |
| 2025 | +1.4% | +3.3% | -10.4% | +9.5% | +2.9% | +6.4% | -15.2% | +9.7% | +6.9% | +8.2% | -13.7% | -3.1% |
| 2024 | +14.8% | -8.3% | -8.5% | +2.4% | +1.4% | +15.0% | -4.2% | +11.7% | -5.8% | +5.4% | +7.6% | -6.2% |
| 2023 | +13.7% | +18.7% | +6.0% | -8.7% | +17.0% | +19.7% | -2.2% | -2.7% | -3.6% | +3.7% | +21.4% | -0.1% |
| 2022 | -7.1% | +14.9% | +4.8% | -9.8% | -10.4% | -1.8% | +1.0% | +11.6% | -11.7% | +4.8% | -1.0% | -17.9% |
| 2021 | -1.3% | +2.2% | -10.1% | +9.7% | +2.8% | +2.1% | +7.6% | +15.5% | +3.9% | +6.3% | +7.4% | +1.8% |
| 2020 | +1.5% | -21.4% | -11.2% | +19.8% | +19.7% | -2.4% | +11.4% | +0.6% | -4.9% | -9.6% | +32.9% | +20.9% |
| 2019 | +14.0% | +14.6% | -1.4% | +2.4% | -19.6% | +1.8% | +11.2% | -10.1% | +0.1% | +11.6% | -0.1% | +1.8% |
| 2018 | +8.9% | +9.8% | +4.7% | +6.0% | +8.1% | -1.3% | -3.5% | +16.6% | -2.5% | -18.7% | -5.5% | +8.9% |
| 2017 | +18.0% | +3.0% | -25.8% | -3.8% | +9.4% | +12.9% | -1.5% | +0.7% | +8.6% | +2.1% | -1.0% | -0.5% |
| 2016 | -15.2% | -3.1% | +12.7% | -7.5% | -13.5% | -6.0% | +6.7% | +1.7% | +19.6% | -3.4% | -12.7% | -6.9% |
| 2015 | +3.1% | +12.5% | +2.7% | +1.1% | +14.7% | +3.1% | +6.4% | -11.6% | +4.7% | -6.4% | +16.4% | -6.0% |
| 2014 | +3.4% | +19.7% | -3.6% | -7.3% | +17.7% | +11.9% | -3.5% | +5.0% | +15.5% | +7.8% | +16.3% | -0.3% |
| 2013 | +3.5% | +10.4% | -7.5% | -4.3% | -10.3% | -13.1% | +16.1% | -2.0% | -4.5% | -8.0% | +18.3% | +15.1% |
| 2012 | — | — | — | — | — | — | — | +12.7% | -4.4% | -10.7% | -1.0% | -1.7% |
| Avg | +3.9% | +4.3% | -2.8% | +1.5% | +6.9% | +3.7% | +2.3% | +4.3% | +1.6% | -0.5% | +6.1% | +0.4% |
| Median | +3.3% | +6.5% | -2.5% | +1.7% | +5.5% | +2.1% | +1.0% | +3.4% | -1.2% | +2.9% | +3.7% | -0.4% |
| Last 5Y Avg | +3.8% | +2.6% | -0.1% | +1.1% | +13.6% | +8.3% | -2.6% | +9.2% | -2.1% | +5.7% | +4.4% | -5.1% |
| Std Dev (σ) | 9.3% | 12.7% | 10.2% | 9.0% | 19.1% | 9.2% | 8.5% | 9.1% | 8.8% | 9.0% | 13.5% | 9.6% |
| Consistency (μ/σ) | 0.42 | 0.34 | -0.28 | 0.17 | 0.36 | 0.40 | 0.27 | 0.47 | 0.18 | -0.06 | 0.45 | 0.04 |
| Win Rate (%) | 71% | 71% | 43% | 57% | 71% | 62% | 54% | 71% | 50% | 57% | 50% | 36% |
| Winning / Losing Months | ▲10▼4 | ▲10▼4 | ▲6▼8 | ▲8▼6 | ▲10▼4 | ▲8▼5 | ▲7▼6 | ▲10▼4 | ▲7▼7 | ▲8▼6 | ▲7▼7 | ▲5▼9 |
| Longest Win / Loss Streak | ▲4▼2 | ▲3▼1 | ▲2▼3 | ▲4▼2 | ▲4▼1 | ▲3▼1 | ▲4▼3 | ▲3▼1 | ▲4▼3 | ▲5▼2 | ▲3▼4 | ▲4▼4 |
| Best | +18.0%in January 2017 | +19.7%in February 2014 | +12.7%in March 2016 | +19.8%in April 2020 | +57.1%in May 2026 | +19.7%in June 2023 | +16.1%in July 2013 | +16.6%in August 2018 | +19.6%in September 2016 | +11.6%in October 2019 | +32.9%in November 2020 | +20.9%in December 2020 |
| Worst | -15.2%in January 2016 | -21.4%in February 2020 | -25.8%in March 2017 | -9.8%in April 2022 | -19.6%in May 2019 | -13.1%in June 2013 | -15.2%in July 2025 | -11.6%in August 2015 | -11.7%in September 2022 | -18.7%in October 2018 | -13.7%in November 2025 | -17.9%in December 2022 |
−25.8%+57.1%
2026
Jan-3.9%
Feb-15.9%
Mar+7.7%
Apr+11.9%
May+57.1%
Jun-0.7%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+1.4%
Feb+3.3%
Mar-10.4%
Apr+9.5%
May+2.9%
Jun+6.4%
Jul-15.2%
Aug+9.7%
Sep+6.9%
Oct+8.2%
Nov-13.7%
Dec-3.1%
2024
Jan+14.8%
Feb-8.3%
Mar-8.5%
Apr+2.4%
May+1.4%
Jun+15.0%
Jul-4.2%
Aug+11.7%
Sep-5.8%
Oct+5.4%
Nov+7.6%
Dec-6.2%
2023
Jan+13.7%
Feb+18.7%
Mar+6.0%
Apr-8.7%
May+17.0%
Jun+19.7%
Jul-2.2%
Aug-2.7%
Sep-3.6%
Oct+3.7%
Nov+21.4%
Dec-0.1%
2022
Jan-7.1%
Feb+14.9%
Mar+4.8%
Apr-9.8%
May-10.4%
Jun-1.8%
Jul+1.0%
Aug+11.6%
Sep-11.7%
Oct+4.8%
Nov-1.0%
Dec-17.9%
2021
Jan-1.3%
Feb+2.2%
Mar-10.1%
Apr+9.7%
May+2.8%
Jun+2.1%
Jul+7.6%
Aug+15.5%
Sep+3.9%
Oct+6.3%
Nov+7.4%
Dec+1.8%
2020
Jan+1.5%
Feb-21.4%
Mar-11.2%
Apr+19.8%
May+19.7%
Jun-2.4%
Jul+11.4%
Aug+0.6%
Sep-4.9%
Oct-9.6%
Nov+32.9%
Dec+20.9%
2019
Jan+14.0%
Feb+14.6%
Mar-1.4%
Apr+2.4%
May-19.6%
Jun+1.8%
Jul+11.2%
Aug-10.1%
Sep+0.1%
Oct+11.6%
Nov-0.1%
Dec+1.8%
2018
Jan+8.9%
Feb+9.8%
Mar+4.7%
Apr+6.0%
May+8.1%
Jun-1.3%
Jul-3.5%
Aug+16.6%
Sep-2.5%
Oct-18.7%
Nov-5.5%
Dec+8.9%
2017
Jan+18.0%
Feb+3.0%
Mar-25.8%
Apr-3.8%
May+9.4%
Jun+12.9%
Jul-1.5%
Aug+0.7%
Sep+8.6%
Oct+2.1%
Nov-1.0%
Dec-0.5%
2016
Jan-15.2%
Feb-3.1%
Mar+12.7%
Apr-7.5%
May-13.5%
Jun-6.0%
Jul+6.7%
Aug+1.7%
Sep+19.6%
Oct-3.4%
Nov-12.7%
Dec-6.9%
2015
Jan+3.1%
Feb+12.5%
Mar+2.7%
Apr+1.1%
May+14.7%
Jun+3.1%
Jul+6.4%
Aug-11.6%
Sep+4.7%
Oct-6.4%
Nov+16.4%
Dec-6.0%
2014
Jan+3.4%
Feb+19.7%
Mar-3.6%
Apr-7.3%
May+17.7%
Jun+11.9%
Jul-3.5%
Aug+5.0%
Sep+15.5%
Oct+7.8%
Nov+16.3%
Dec-0.3%
2013
Jan+3.5%
Feb+10.4%
Mar-7.5%
Apr-4.3%
May-10.3%
Jun-13.1%
Jul+16.1%
Aug-2.0%
Sep-4.5%
Oct-8.0%
Nov+18.3%
Dec+15.1%
2012
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug+12.7%
Sep-4.4%
Oct-10.7%
Nov-1.0%
Dec-1.7%
Avg
Jan+3.9%
Feb+4.3%
Mar-2.8%
Apr+1.5%
May+6.9%
Jun+3.7%
Jul+2.3%
Aug+4.3%
Sep+1.6%
Oct-0.5%
Nov+6.1%
Dec+0.4%
Median
Jan+3.3%
Feb+6.5%
Mar-2.5%
Apr+1.7%
May+5.5%
Jun+2.1%
Jul+1.0%
Aug+3.4%
Sep-1.2%
Oct+2.9%
Nov+3.7%
Dec-0.4%
Last 5Y Avg
Jan+3.8%
Feb+2.6%
Mar-0.1%
Apr+1.1%
May+13.6%
Jun+8.3%
Jul-2.6%
Aug+9.2%
Sep-2.1%
Oct+5.7%
Nov+4.4%
Dec-5.1%
Std Dev (σ)
Jan9.3%
Feb12.7%
Mar10.2%
Apr9.0%
May19.1%
Jun9.2%
Jul8.5%
Aug9.1%
Sep8.8%
Oct9.0%
Nov13.5%
Dec9.6%
Consistency (μ/σ)
Jan0.42
Feb0.34
Mar-0.28
Apr0.17
May0.36
Jun0.40
Jul0.27
Aug0.47
Sep0.18
Oct-0.06
Nov0.45
Dec0.04
Win Rate (%)
Jan71%
Feb71%
Mar43%
Apr57%
May71%
Jun62%
Jul54%
Aug71%
Sep50%
Oct57%
Nov50%
Dec36%
Winning / Losing Months
Jan▲10▼4
Feb▲10▼4
Mar▲6▼8
Apr▲8▼6
May▲10▼4
Jun▲8▼5
Jul▲7▼6
Aug▲10▼4
Sep▲7▼7
Oct▲8▼6
Nov▲7▼7
Dec▲5▼9
Longest Win / Loss Streak
Jan▲4▼2
Feb▲3▼1
Mar▲2▼3
Apr▲4▼2
May▲4▼1
Jun▲3▼1
Jul▲4▼3
Aug▲3▼1
Sep▲4▼3
Oct▲5▼2
Nov▲3▼4
Dec▲4▼4
Best
Jan+18.0%2017
Feb+19.7%2014
Mar+12.7%2016
Apr+19.8%2020
May+57.1%2026
Jun+19.7%2023
Jul+16.1%2013
Aug+16.6%2018
Sep+19.6%2016
Oct+11.6%2019
Nov+32.9%2020
Dec+20.9%2020
Worst
Jan-15.2%2016
Feb-21.4%2020
Mar-25.8%2017
Apr-9.8%2022
May-19.6%2019
Jun-13.1%2013
Jul-15.2%2025
Aug-11.6%2015
Sep-11.7%2022
Oct-18.7%2018
Nov-13.7%2025
Dec-17.9%2022
−25.8%+57.1%
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