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

	TTM Q3 '26	TTM Q2 '26	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25
Total revenue	$10.61B+7.2%	$9.89B+3.5%	$9.56B+3.6%	$9.22B+3.9%	$8.87B+3.5%
Total cost of revenue	$2.98B+13.5%	$2.62B+3.4%	$2.54B+3.4%	$2.45B+4.5%	$2.35B+4.7%
Gross profit	$7.63B+4.9%	$7.27B+3.6%	$7.02B+3.7%	$6.77B+3.7%	$6.53B+3.1%
Gross margin	71.9%-1.6pp	73.5%0.0pp	73.5%+0.1pp	73.4%-0.2pp	73.6%-0.3pp
Research and development	$2.28B+11.8%	$2.04B+0.3%	$2.03B+2.4%	$1.98B+0.5%	$1.97B+1.9%
Selling and marketing	$3.63B+11.3%	$3.27B+2.0%	$3.2B+3.2%	$3.1B+2.9%	$3.01B+2.5%
General and administrative	$699.7M+27.8%	$547.7M+4.6%	$523.7M+18.3%	$442.7M-20.4%	$556.3M+8.9%
Other operating expenses	$6.61B+13.0%	$5.85B+1.7%	$5.76B+4.1%	$5.53B-0.3%	$5.54B+2.9%
Total operating expenses	$6.61B+13.0%	$5.85B+1.7%	$5.76B+4.1%	$5.53B-0.3%	$5.54B+2.9%
Operating income	$1.02B-28.3%	$1.42B+12.3%	$1.27B+1.9%	$1.24B+26.3%	$984.4M+4.5%
Operating margin	9.6%-4.8pp	14.4%+1.1pp	13.2%-0.2pp	13.5%+2.4pp	11.1%+0.1pp
Interest expense	$0-100%	$1M-50.0%	$2M-33.3%	$3M-9.1%	$3.3M-28.3%
Income before income taxes	$1.4B-25.1%	$1.86B+13.7%	$1.64B+2.8%	$1.6B+20.6%	$1.32B+4.7%
Income tax expense	$553.8M-4.8%	$581.8M+11.3%	$522.8M+13.2%	$461.8M+441%	$85.3M+880%
Net income	$842.9M-34.2%	$1.28B+14.8%	$1.12B-1.5%	$1.13B-8.4%	$1.24B-1.3%
Net margin	7.9%-5.0pp	13%+1.3pp	11.7%-0.6pp	12.3%-1.7pp	13.9%-0.7pp
Diluted earnings per share	$1.22-32.6%	$1.81+14.6%	$1.58-1.3%	$1.60-8.0%	$1.74-1.1%
Basic earnings per share	$1.26-32.6%	$1.87+12.0%	$1.67-2.9%	$1.72-8.5%	$1.88-2.1%
Weighted-average shares, diluted	2.9B+3.3%	2.8B+0.1%	2.8B0.0%	2.8B0.0%	2.8B-0.1%
Weighted-average shares, basic	2.8B+5.0%	2.7B+1.7%	2.7B+0.9%	2.6B+0.9%	2.6B+0.7%
Other income, net	$376.8M-14.9%	$442.8M+17.8%	$375.8M+5.6%	$355.8M+4.1%	$341.9M+5.0%
Revenue From Contract With Customer Excluding Assessed Tax	$10.61B+7.2%	$9.89B+3.5%	$9.56B+3.6%	$9.22B+3.9%	$8.87B+3.5%
EBIT	$1.4B-25.1%	$1.86B+13.6%	$1.64B+2.7%	$1.6B+20.5%	$1.33B+4.6%
EBITDA	$2B-10.0%	$2.22B+11.4%	$1.99B+2.5%	$1.94B+16.9%	$1.66B+4.5%
EBITDA	$2B-10.0%	$2.22B+11.4%	$1.99B+2.5%	$1.94B+16.9%	$1.66B+4.5%
EBITDA margin	18.8%-3.6pp	22.4%+1.6pp	20.8%-0.2pp	21.1%+2.3pp	18.7%+0.2pp
EBIT	$1.4B-25.1%	$1.86B+13.6%	$1.64B+2.7%	$1.6B+20.5%	$1.33B+4.6%

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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.