On the Record · Palo Alto Networks
Palo Alto Networks acquisitions, on the record
The businesses Palo Alto Networks bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Dig Security Solutions Ltd.Word for word“On December 5, 2023, we completed our acquisition of Dig Security Solutions Ltd. (“Dig”), a privately-held cyber security company.” 10-K for 2024 | acquisition | December 5, 2023 | — |
Talon Cyber Security Ltd.Word for word“For example, in December 2023, we acquired Dig Security Solutions Ltd. ("Dig"), which we expect will enhance our Prisma Cloud capabilities with a DSPM solution; and we acquired Talon Cyber Security Ltd. (“Talon”), which will support Prisma SASE’s approach to provide secure access to business applications for unmanaged and personal devices with an enterprise browser.” 10-K for 2024 | acquisition | — | — |
IBM's QRadar SaaS assetsWord for word“On August 31, 2024, we completed the acquisition of IBM’s QRadar SaaS assets and we expect the acquisition will help accelerate the growth of our Cortex XSIAM business.” 10-K for 2024 | acquisition | August 31, 2024 | — |
Protect AI, Inc.Word for word“Additionally, in July 2025, we completed the acquisition of Protect AI, Inc., a privately-held cyber security company (“Protect AI”), which we expect will enhance the capabilities of our AI security platform.” 10-K for 2025 | acquisition | July 2025 | — |
CyberArk Software Ltd.Word for word“In July 2025, we also entered into a definitive agreement to acquire CyberArk Software Ltd. (“CyberArk”), an identity security company, which acquisition is expected to close during the second half of our fiscal 2026.” 10-K for 2025 | agreed acquisition | July 2025 | — |
Chronosphere, Inc.Word for word“For example, on January 29, 2026, we completed the acquisition of Chronosphere, forming our observability platform; on February 11, 2026, we completed the acquisition of CyberArk, forming our next-generation identity security platform; on April 14, 2026, we completed the acquisition of Koi, adding agentic endpoint security capabilities to our security operations platform and enhancing Prisma AIRS; on May 29, 2026, we completed the acquisition of Portkey, enhancing our Prisma AIRS capabilities; on August 27, 2026, we completed the acquisition of Embrace, which we expect will add RUM capabilities to our observability platform; and on September 1, 2026, we completed the acquisition of Console, which we expect will deepen our agentic capabilities in Cortex.” 10-K for 2026 | acquisition | January 29, 2026 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-07-31 | $0 | — |
| 2017-07-31 | $90.7 million | $75.3 million |
| 2018-07-31 | $374.1 million | $284 million |
| 2019-07-31 | $773.7 million | $829.5 million |
| 2020-07-31 | $583.5 million | $460.6 million |
| 2021-07-31 | $777.3 million | $899.1 million |
| 2022-07-31 | $37 million | $37.6 million |
| 2023-07-31 | $204.5 million | $179.1 million |
| 2024-07-31 | $611 million | $423.3 million |
| 2025-07-31 | $1.05 billion | $1.22 billion |
Deal filings since 2016
- 2026-04-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-02-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-07-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-07-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Palo Alto Networks’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-09-10. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.