What is Palo Alto Networks, Inc.'s revenue?

Palo Alto Networks, Inc. (PANW) generated $10.6B in revenue over the trailing twelve months, up 19.5% year over year.

Is Palo Alto Networks, Inc. profitable?

Palo Alto Networks, Inc. reported $842.9M in net income over the trailing twelve months, a 7.9% net margin.

What are Palo Alto Networks, Inc.'s profit margins?

Gross margin is 71.9% and operating margin is 9.6%, with a 7.9% net margin.

What is Palo Alto Networks, Inc.'s earnings per share?

Palo Alto Networks, Inc.'s diluted EPS over the trailing twelve months is $1.22.

Where does Palo Alto Networks, Inc.'s income statement data come from?

Every line is extracted from Palo Alto Networks, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Palo Alto Networks, Inc. PANW Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q3 '26	Q2 '26	Q1 '26	Q4 '25	Q3 '25
Total revenue	$3B+15.7%	$2.59B+4.9%	$2.47B-2.5%	$2.54B+10.8%	$2.29B+1.4%
Total cost of revenue	$974M+42.2%	$685M+7.4%	$638M-6.1%	$679.6M+9.8%	$619M+3.3%
Gross profit	$2.03B+6.2%	$1.91B+4.0%	$1.84B-1.1%	$1.86B+11.2%	$1.67B+0.7%
Gross margin	67.6%-6.0pp	73.6%-0.6pp	74.2%+1.0pp	73.2%+0.2pp	73%-0.5pp
Research and development	$734M+43.6%	$511M-3.2%	$528M+4.7%	$504.1M+2.0%	$494M-2.2%
Selling and marketing	$1.16B+41.1%	$823M+0.4%	$820M-1.1%	$829.2M+4.6%	$793M+4.6%
General and administrative	$316M+77.5%	$178M-0.6%	$179M+570%	$26.7M-83.7%	$164M+6.5%
Other operating expenses	$2.21B+46.2%	$1.51B-1.0%	$1.53B+12.3%	$1.36B-6.3%	$1.45B+2.4%
Total operating expenses	$2.21B+46.2%	$1.51B-1.0%	$1.53B+12.3%	$1.36B-6.3%	$1.45B+2.4%
Operating income	-$183M-146%	$397M+28.5%	$309M-37.8%	$496.9M+127%	$219M-9.1%
Operating margin	-6.1%-21.4pp	15.3%+2.8pp	12.5%-7.1pp	19.6%+10.0pp	9.6%-1.1pp
Interest expense	$0—	$0—	$0—	$0-100%	$1M0.0%
Income before income taxes	-$156M-128%	$549M+33.3%	$412M-30.4%	$591.7M+90.3%	$311M-4.3%
Income tax expense	$21M-82.1%	$117M+50.0%	$78M-76.9%	$337.8M+589%	$49M-15.5%
Net income	-$177M-141%	$432M+29.3%	$334M+31.5%	$253.9M-3.1%	$262M-1.9%
Net margin	-5.9%-22.5pp	16.7%+3.2pp	13.5%+3.5pp	10%-1.4pp	11.4%-0.4pp
Diluted earnings per share	-$0.22-136%	$0.61+29.8%	$0.47+30.6%	$0.36-2.7%	$0.37-2.6%
Basic earnings per share	-$0.22-136%	$0.61+24.5%	$0.49+28.9%	$0.38-2.6%	$0.39-4.9%
Weighted-average shares, diluted	801M+12.7%	711M+0.3%	709M0.0%	709.3M+0.3%	707M-0.3%
Weighted-average shares, basic	801M+13.8%	704M+3.7%	679M+2.5%	662.5M-0.4%	665M+0.9%
Other income, net	$27M-82.2%	$152M+47.6%	$103M+8.6%	$94.8M+1.9%	$93M+9.4%
Revenue From Contract With Customer Excluding Assessed Tax	$3B+15.7%	$2.59B+4.9%	$2.47B-2.5%	$2.54B+10.8%	$2.29B+1.4%
EBIT	-$156M-128%	$549M+33.3%	$412M-30.4%	$591.7M+89.6%	$312M-4.3%
EBITDA	$178M-72.2%	$640M+27.7%	$501M-25.9%	$676.1M+69.0%	$400M-3.1%
EBITDA	$178M-72.2%	$640M+27.7%	$501M-25.9%	$676.1M+69.0%	$400M-3.1%
EBITDA margin	5.9%-18.7pp	24.7%+4.4pp	20.3%-6.4pp	26.7%+9.2pp	17.5%-0.8pp
EBIT	-$156M-128%	$549M+33.3%	$412M-30.4%	$591.7M+89.6%	$312M-4.3%

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Questions, answered.

What is Palo Alto Networks, Inc.'s revenue?: Palo Alto Networks, Inc. (PANW) generated $10.6B in revenue over the trailing twelve months, up 19.5% year over year.
Is Palo Alto Networks, Inc. profitable?: Palo Alto Networks, Inc. reported $842.9M in net income over the trailing twelve months, a 7.9% net margin.
What are Palo Alto Networks, Inc.'s profit margins?: Gross margin is 71.9% and operating margin is 9.6%, with a 7.9% net margin.
What is Palo Alto Networks, Inc.'s earnings per share?: Palo Alto Networks, Inc.'s diluted EPS over the trailing twelve months is $1.22.
Where does Palo Alto Networks, Inc.'s income statement data come from?: Every line is extracted from Palo Alto Networks, Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.