Seek Returns

PANW vs. QNT: Palo Alto Networks vs. Quantinuum Stock Comparison

How do Palo Alto Networks (PANW) and Quantinuum (QNT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Palo Alto Networks (PANW) and Quantinuum (QNT) both fall under the Software & Services industry group, but PANW is classified in Software while QNT is classified in IT Services.

Palo Alto Networks (PANW) has been public since July 20, 2012 with a meaningfully longer listed history, while Quantinuum (QNT) only listed on June 4, 2026 — long-window metrics on the QNT side should be interpreted with caution.

Company profile comparison for Palo Alto Networks (PANW) and Quantinuum (QNT)
Profile ItemPANWQNT
NamePalo Alto Networks, Inc.Quantinuum Inc. Class A Common Stock
Country/RegionUnited StatesUnited States
GICS SectorInformation TechnologyInformation Technology
GICS Industry GroupSoftware & ServicesSoftware & Services
GICS IndustrySoftwareIT Services
GICS Sub-IndustrySystems SoftwareIT Consulting & Other Services
Market Capitalization256.86 billion USD10.13 billion USD
CurrencyUSDUSD
ExchangeNasdaqNasdaq
Listing DateJuly 20, 2012June 4, 2026
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

PANW
QNT
GSPC
Loading price history…
Palo Alto Networks (PANW) vs. Quantinuum (QNT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Palo Alto Networks (PANW) and Quantinuum (QNT). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Palo Alto Networks (PANW) and Quantinuum (QNT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Palo Alto Networks (PANW) and Quantinuum (QNT)
MetricPANWQNT
Total Return (1Y)53.99%--
Total Return (3Y, Annualized)39.16%--
Total Return (5Y, Annualized)30.80%--

Risk Profile

Drawdown History

PANW
QNT
GSPC
Loading price history…
Palo Alto Networks (PANW) vs. Quantinuum (QNT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Palo Alto Networks (PANW) and Quantinuum (QNT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Quantinuum (QNT) reports a negative beta of -2.69, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Palo Alto Networks (PANW) has a non-negative beta of 1.00.

Risk profile metrics for Palo Alto Networks (PANW) and Quantinuum (QNT)
MetricPANWQNT
Volatility (1Y, Annualized)51.34%105.28%
Beta (5Y)1.00-2.69
Max Drawdown (5Y)-36.01%-64.15%
Avg. Volume (3M)6.03M2.01M

Risk-Adjusted Performance

Risk-Return Positioning

Both PANW and QNT need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Risk-adjusted metrics for Palo Alto Networks (PANW) and Quantinuum (QNT)
MetricPANWQNT
Sharpe Ratio (1Y)0.97--
Sortino Ratio (1Y)1.49--

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Palo Alto Networks (PANW) earns 1.74% on shareholders’ equity, ranked against its industry; Quantinuum (QNT) has no ROE this period.

PANW

Software & Services industry group

1.74%

Max
53.85%
Q3
17.90%
Median
6.59%
PANW
1.74%
Q1
-9.59%
Min
-50.52%

QNT

Software & Services industry group

--

Max
53.85%
Q3
17.90%
Median
6.59%
Q1
-9.59%
Min
-50.52%
QNT
--
Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): QNT does not report ROE, so it has no value marker; PANW is benchmarked against the Software & Services industry group.

Net Margin (TTM)

Both Palo Alto Networks (PANW) at 2.67% and Quantinuum (QNT) at 0.00% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

PANW

Software & Services industry group

2.67%

Max
41.17%
Q3
15.28%
Median
4.63%
PANW
2.67%
Q1
-5.42%
Min
-33.17%

QNT

Software & Services industry group

0.00%

Max
41.17%
Q3
15.28%
Median
4.63%
QNT
0.00%
Q1
-5.42%
Min
-33.17%
Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): A comparison of their net margin against the Software & Services industry group benchmark.

Operating Margin (TTM)

Quantinuum (QNT) reports a negative operating margin of -6,939.56%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Palo Alto Networks (PANW) reports 5.40%, ranking against industry peers normally.

PANW

Software & Services industry group

5.40%

Max
46.89%
Q3
17.64%
Median
8.73%
PANW
5.40%
Q1
-2.13%
Min
-30.45%

QNT

Software & Services industry group

-6,939.56%

Max
46.89%
Q3
17.64%
Median
8.73%
Q1
-2.13%
Min
-30.45%
QNT
-6,939.56%
Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): A comparison of their operating margin against the Software & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Palo Alto Networks (PANW) and Quantinuum (QNT)
MetricPANWQNT
ROE (TTM)1.74%--
ROA (TTM)1.40%--
Net Margin (TTM)2.67%0.00%
Operating Margin (TTM)5.40%-6,939.56%
Gross Margin (TTM)70.38%41.31%

Growth

Revenue Growth

Quantinuum (QNT) at 34.61% sits in the top revenue growth quartile, while Palo Alto Networks (PANW) at 24.50% is closer to the peer norm — faster top-line expansion for QNT.

Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Palo Alto Networks (PANW) reports EPS growth of -75.00%, ranked against its industry; Quantinuum (QNT) has no EPS growth figure this period.

Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Palo Alto Networks (PANW) and Quantinuum (QNT)
MetricPANWQNT
Revenue Growth (YoY)24.50%34.61%
Revenue Growth (3Y CAGR)18.54%--
EPS Growth (YoY)-75.00%--
EPS Growth (3Y CAGR)-14.50%--

Financial Strength

Current Ratio (MRQ)

Quantinuum (QNT) at 15.49 carries current ratio above its industry’s typical mid-range, while Palo Alto Networks (PANW) at 0.87 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

PANW

Software & Services industry group

0.87

Max
5.11
Q3
2.77
Median
1.67
Q1
1.01
PANW
0.87
Min
0.03

QNT

Software & Services industry group

15.49

QNT
15.49
Max
5.11
Q3
2.77
Median
1.67
Q1
1.01
Min
0.03
Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): A comparison of their current ratio against the Software & Services industry group benchmark.

Debt / Equity (MRQ)

Quantinuum (QNT) at 0.01 keeps leverage in the lower industry quartile, while Palo Alto Networks (PANW) at 0.09 runs a more typical debt-to-equity mix.

PANW

Software & Services industry group

0.09

Max
2.52
Q3
1.13
Median
0.40
PANW
0.09
Q1
0.07
Min
0.00

QNT

Software & Services industry group

0.01

Max
2.52
Q3
1.13
Median
0.40
Q1
0.07
QNT
0.01
Min
0.00
Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): A comparison of their debt-to-equity ratio against the Software & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Palo Alto Networks (PANW) and Quantinuum (QNT)
MetricPANWQNT
Current Ratio (MRQ)0.8715.49
Debt / Equity (MRQ)0.090.01
Net Debt / EBITDA-0.32--

Dividends

Dividend Yield (TTM)

Neither Palo Alto Networks (PANW) nor Quantinuum (QNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

PANW

Software & Services industry group

0.00%

PANW
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

QNT

Software & Services industry group

0.00%

QNT
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): A comparison of their dividend yield against the Software & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Palo Alto Networks (PANW) nor Quantinuum (QNT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

PANW

Software & Services industry group

0.00%

PANW
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

QNT

Software & Services industry group

0.00%

QNT
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): A comparison of their payout ratio against the Software & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Palo Alto Networks (PANW) and Quantinuum (QNT)
MetricPANWQNT
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Palo Alto Networks (PANW) trades at 784.60 times trailing earnings, ranked against its peers, while Quantinuum (QNT) has no P/E ratio this period.

PANW

Software & Services industry group

784.60

PANW
784.60
Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69

QNT

Software & Services industry group

--

Max
112.94
Q3
60.32
Median
32.91
Q1
18.77
Min
6.69
QNT
--
Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): QNT does not report P/E ratio, so it has no value marker; PANW is benchmarked against the Software & Services industry group.

P/S Ratio (TTM)

Investors are paying well above the peer range per dollar of sales for both Palo Alto Networks (PANW) at 22.37 and Quantinuum (QNT) at 441.11 — each P/S ratio clears its industry’s benchmark range.

PANW

Software & Services industry group

22.37

PANW
22.37
Max
17.91
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02

QNT

Software & Services industry group

441.11

QNT
441.11
Max
17.91
Q3
8.78
Median
4.25
Q1
2.23
Min
0.02
Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): A comparison of their P/S ratio against the Software & Services industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Palo Alto Networks (PANW) at 9.30 sits in the upper P/B ratio quartile, and Quantinuum (QNT) at 64.89 prices even higher, above its industry range.

PANW

Software & Services industry group

9.30

Max
16.63
PANW
9.30
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90

QNT

Software & Services industry group

64.89

QNT
64.89
Max
16.63
Q3
8.50
Median
4.30
Q1
1.92
Min
-3.90
Loading chart…
Palo Alto Networks (PANW) vs. Quantinuum (QNT): A comparison of their P/B ratio against the Software & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Palo Alto Networks (PANW) and Quantinuum (QNT)
MetricPANWQNT
P/E Ratio (TTM)784.60--
P/S Ratio (TTM)22.37441.11
P/B Ratio (MRQ)9.3064.89
Free Cash Flow Yield (TTM)1.65%--