Non-Current Assets
Goodwill
Palo Alto Networks, Inc. Goodwill increased by 216.0% to $21.90B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 440.7%, from $4.05B to $21.90B. Over 4 years (FY 2021 to FY 2025), Goodwill shows an upward trend with a 13.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2026Jun 3, 2026
How to read this metric
An increase indicates recent acquisitions, while a decrease suggests impairment charges due to underperforming acquisitions.
Detailed definition
Goodwill represents the premium paid over the fair value of net identifiable assets during an acquisition. It reflects t...
Peer comparison
High goodwill is common in aggressive M&A-driven growth strategies within the cybersecurity industry.
Metric ID:
goodwillHistorical Data
17 periods
| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.71B | $2.75B | $2.75B | $2.91B | $2.93B | $2.93B | $2.93B | $3.37B | $3.37B | $3.35B | $4.05B | $4.05B | $4.05B | $4.57B | $4.57B | $6.93B | $21.90B |
| QoQ Change | — | +1.4% | +0.0% | +6.0% | +0.5% | +0.0% | +0.0% | +15.2% | +0.0% | -0.7% | +20.9% | +0.0% | +0.0% | +12.7% | +0.0% | +51.8% | +216.0% |
| YoY Change | — | +1.4% | — | — | — | +6.5% | +6.5% | +15.8% | +15.2% | +14.5% | +38.4% | +20.1% | +20.1% | +36.3% | +12.7% | +71.1% | +440.7% |
Range$2.71B – $21.90B
CAGR+68.6%
Avg YoY Growth+53.8%
Median YoY Growth+15.8%
Current Streak7 quarters growth
Goodwill at Other Companies
Frequently Asked Questions
- What is Palo Alto Networks, Inc.'s goodwill?
- Palo Alto Networks, Inc. (PANW) reported goodwill of $21.90B in Q1 2026.
- How has Palo Alto Networks, Inc.'s goodwill changed year-over-year?
- Palo Alto Networks, Inc.'s goodwill increased by 440.7% year-over-year, from $4.05B to $21.90B.
- What is the long-term trend for Palo Alto Networks, Inc.'s goodwill?
- Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s goodwill has grown at a 13.9% compound annual growth rate (CAGR), from $2.71B to $4.57B.
- What does goodwill mean?
- The value of intangible assets like brand and customer base acquired through business purchases.