Skip to content

Gross margin at other companies

Microsoft logo
MicrosoftMSFT
68.3%-0.8pp
Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
64.3%-0.9pp
F5, Inc. logo
F5, Inc.FFIV
81.5%+0.6pp
Akamai Technologies logo
Akamai TechnologiesAKAM
58.3%-0.8pp
Fortinet logo
FortinetFTNT
80.3%-1.0pp
Cloudflare, Inc. logo
Cloudflare, Inc.NET
73.3%-3.6pp

Other financials

Income statement

See full
Revenue$3.0B+31.1%
Gross profit$2.0B+21.4%
Operating income-$183.0M-184%
Net income-$177.0M-168%
EPS (diluted)-$0.22-159%

Balance sheet

See full
Cash & equivalents$2.4B-0.9%
Total debt$2.2B+206%
Total equity$27.7B+283%
Total assets$46.3B+110%

Cash flow

See full
Operating cash flow$871.0M+38.7%
CapEx$83.0M+22.1%
Free cash flow$788.0M+40.7%

Valuation

See full
Market cap$234.54B+24.8%
Enterprise value$234.4B+26.5%
P/E278.3×+126×
P/S22.1×+0.9×

Profitability

See full
Operating margin9.6%-1.5pp
Net margin7.9%-6.0pp

Returns & leverage

See full
Return on equity4.8%-16.3pp
Debt / equity0.1×0.0×
Current ratio0.9×0.0×

Where this comes from

Calculated from Palo Alto Networks, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Palo Alto Networks, Inc.’s 10-Q, filed June 3, 2026, on SEC EDGAR. View the filing →

Ask your AI about Palo Alto Networks, Inc.'s gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Palo Alto Networks, Inc.'s gross margin?
Palo Alto Networks, Inc. (PANW) reported gross margin of 71.9% in Q1 2026.
How has Palo Alto Networks, Inc.'s gross margin changed year-over-year?
Palo Alto Networks, Inc.'s gross margin decreased by 2.2% year-over-year, from 73.6% to 71.9%.
What is the long-term trend for Palo Alto Networks, Inc.'s gross margin?
Over 5 years (2020 to 2025), Palo Alto Networks, Inc.'s gross margin has grown at a 0.8% compound annual growth rate (CAGR), from 70.7% to 73.4%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.