Company / Goodwill
Palo Alto Networks Goodwill History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$4.6B
FY2025
5-year range
$2.7B / $4.6B
FY2021-FY2025
Trend
+36.3%
vs FY2024
Sector context
#40 of 285
Information Technology
What the data says
Palo Alto Networks's goodwill of $4.6B is higher than 86% of companies in the Information Technology sector (FY2025). Goodwill has increased for 9 consecutive years, from $164M in FY2016 to $4.6B in FY2025.
Based on SEC 10-K filings.
$4.6B in FY2025 with a 5-year CAGR of +20.3%. Top quartile in the Information Technology sector.
Improved from $2.9B to $4.6B over the past 2 years.
Information Technology sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +18.5%
- 5-Year CAGR
- +20.3%
- 10-Year CAGR
- -
Sector benchmark
+31.5% above sector average
Key checks
Key Insights
- Palo Alto Networks's goodwill has grown for 9 consecutive years.
- 5-year CAGR of +20.3%, indicating consistent growth.
- In FY2025, goodwill increased 36.3% year-over-year.
- Ranks #40 out of 285 companies in the Information Technology sector.
Company context
Key Data Points
- Altman Z-Score 0.84 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $4.6B | +36.3% |
| FY2024 | $3.4B | +14.5% |
| FY2023 | $2.9B | +6.5% |
| FY2022 | $2.7B | +1.4% |
| FY2021 | $2.7B | +49.5% |
| FY2020 | $1.8B | +34.1% |
| FY2019 | $1.4B | +158.7% |
| FY2018 | $522.8M | +118.9% |
| FY2017 | $238.8M | +46.1% |
| FY2016 | $163.5M | +0.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026