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EBITDA margin at other companies

Microsoft logo
MicrosoftMSFT
61.4%+6.1pp
Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
27.5%+1.8pp
F5, Inc. logo
F5, Inc.FFIV
27.7%0.0pp
Akamai Technologies logo
Akamai TechnologiesAKAM
29.2%-0.4pp
Fortinet logo
FortinetFTNT
33.3%-0.3pp
Cloudflare, Inc. logo
Cloudflare, Inc.NET
-0.5%-0.1pp

Other financials

Income statement

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Revenue$3.0B+31.1%
Gross profit$2.0B+21.4%
Operating income-$183.0M-184%
Net income-$177.0M-168%
EPS (diluted)-$0.22-159%

Balance sheet

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Cash & equivalents$2.4B-0.9%
Total debt$2.2B+206%
Total equity$27.7B+283%
Total assets$46.3B+110%

Cash flow

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Operating cash flow$871.0M+38.7%
CapEx$83.0M+22.1%
Free cash flow$788.0M+40.7%

Valuation

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Market cap$234.54B+24.8%
Enterprise value$234.4B+26.5%
P/E278.3×+126×
P/S22.1×+0.9×

Profitability

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Gross margin71.9%-1.6pp
Operating margin9.6%-1.5pp
Net margin7.9%-6.0pp
FCF margin35.8%+2.0pp

Returns & leverage

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Return on equity4.8%-16.3pp
Debt / equity0.1×0.0×
Current ratio0.9×0.0×

Where this comes from

Calculated from Palo Alto Networks, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Palo Alto Networks, Inc.’s 10-Q, filed June 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Palo Alto Networks, Inc.'s EBITDA margin?
Palo Alto Networks, Inc. (PANW) reported EBITDA margin of 18.8% in Q1 2026.
How has Palo Alto Networks, Inc.'s EBITDA margin changed year-over-year?
Palo Alto Networks, Inc.'s EBITDA margin increased by 0.5% year-over-year, from 18.7% to 18.8%.
What is the long-term trend for Palo Alto Networks, Inc.'s EBITDA margin?
Over 5 years (2020 to 2025), Palo Alto Networks, Inc.'s EBITDA margin has grown at a 62.7% compound annual growth rate (CAGR), from 1.8% to 21.1%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.