Palo Alto Networks (HAM:5AP) Tax Provision: €-474 Mil (TTM As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:5AP Palo Alto Networks Inc HAM:5AP
76 GF Score
Price €284.30
GF Value €181.92
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Palo Alto Networks Tax Provision?

Palo Alto Networks HAM:5AP -4.02% 76 Tax Provision is €-474 Mil as of Apr. 2026. GuruFocus rates HAM:5AP with a GF Score™ of 76/100 and a GF Value™ of €181.92 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Palo Alto Networks's tax provision for the three months ended in Apr. 2026 was €-18 Mil. Its tax provision for the trailing twelve months (TTM) ended in Apr. 2026 was €-474 Mil.

Palo Alto Networks Tax Provision Historical Data

* Premium members only.

The historical data trend for Palo Alto Networks's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Palo Alto Networks Tax Provision Chart

Palo Alto Networks Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.68 -58.78 -114.45 1,465.34 -395.76

Palo Alto Networks Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -43.61 -289.50 -67.00 -99.57 -17.96
HAM:5AP
76GF Score
Palo Alto Networks Inc HAM:5AP
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Palo Alto Networks Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-474 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of €-474 Mil mean?
Palo Alto Networks (HAM:5AP) has a Tax Provision of €-474 Mil as of Apr. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Palo Alto Networks and its competitors.
Is Palo Alto Networks' Tax Provision too high?
Palo Alto Networks' current Tax Provision is €-474 Mil. Overall, Palo Alto Networks has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Palo Alto Networks' Tax Provision compare to PLTR and CRWD?
Palo Alto Networks' Tax Provision of €-474 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Software company?
A good Tax Provision depends on the Software industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Palo Alto Networks and its competitors. Palo Alto Networks's current Tax Provision is €-474 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palo Alto Networks stock overvalued right now?
Based on GuruFocus' analysis, Palo Alto Networks (HAM:5AP) is currently considered Significantly Overvalued. The stock's GF Value™ is €181.92, compared to a current price of €284.30 — trading 56.3% above its estimated fair value. The current Tax Provision is €-474 Mil. Palo Alto Networks' overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Palo Alto Networks (HAM:5AP), the current Tax Provision is €-474 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Palo Alto Networks (HAM:5AP) Overvalued in 2026?

Based on GuruFocus' analysis, Palo Alto Networks stock appears to be overvalued. The current stock price of €284.30 is trading 56.3% above its estimated GF Value™ of €181.92. GuruFocus considers Palo Alto Networks to be Significantly Overvalued.

Key valuation signals for HAM:5AP:

  • Tax Provision: €-474 Mil
  • GF Value™: €181.92 vs. price of €284.30 (56.3% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the HAM:5AP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Palo Alto Networks Business Description

Address 3000 Tannery Way, Santa Clara, CA, USA, 95054
Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 80,000 enterprise customers across the world, including more than three-fourths of the Global 2000.
76GF Score

Get the complete analysis for HAM:5AP

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€284.30
Price
€181.92
GF Value