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+31.1%	$2.59B+14.9%	$2.47B+15.7%	$2.54B+15.8%	$2.29B+15.3%
Total cost of revenue	$974M+57.4%	$685M+14.4%	$638M+15.2%	$679.6M+18.5%	$619M+20.5%
Gross profit	$2.03B+21.4%	$1.91B+15.1%	$1.84B+15.8%	$1.86B+14.9%	$1.67B+13.5%
Gross margin	67.6%-5.4pp	73.6%+0.1pp	74.2%+0.1pp	73.2%-0.6pp	73%-1.2pp
Research and development	$734M+48.6%	$511M+1.2%	$528M+9.8%	$504.1M+1.9%	$494M+8.0%
Selling and marketing	$1.16B+46.4%	$823M+8.6%	$820M+13.9%	$829.2M+11.7%	$793M+10.3%
General and administrative	$316M+92.7%	$178M+15.6%	$179M+82.7%	$26.7M-81.0%	$164M+38.3%
Other operating expenses	$2.21B+52.4%	$1.51B+6.7%	$1.53B+17.6%	$1.36B-1.3%	$1.45B+12.1%
Total operating expenses	$2.21B+52.4%	$1.51B+6.7%	$1.53B+17.6%	$1.36B-1.3%	$1.45B+12.1%
Operating income	-$183M-184%	$397M+64.7%	$309M+8.0%	$496.9M+108%	$219M+23.9%
Operating margin	-6.1%-15.7pp	15.3%+4.6pp	12.5%-0.9pp	19.6%+8.7pp	9.6%+0.7pp
Interest expense	$0-100%	$0-100%	$0-100%	$0-100%	$1M-56.5%
Income before income taxes	-$156M-150%	$549M+68.9%	$412M+12.0%	$591.7M+85.5%	$311M+23.8%
Income tax expense	$21M-57.1%	$117M+102%	$78M+359%	$337.8M+973%	$49M+278%
Net income	-$177M-168%	$432M+61.8%	$334M-4.8%	$253.9M-29.0%	$262M-6.0%
Net margin	-5.9%-17.3pp	16.7%+4.8pp	13.5%-2.9pp	10%-6.3pp	11.4%-2.6pp
Diluted earnings per share	-$0.22-159%	$0.61+60.5%	$0.47-4.1%	$0.36-28.0%	$0.37-5.1%
Basic earnings per share	-$0.22-156%	$0.61+48.8%	$0.49-9.3%	$0.38-29.6%	$0.39-9.3%
Weighted-average shares, diluted	801M+13.3%	711M+0.3%	709M0.0%	709.3M+0.2%	707M-0.3%
Weighted-average shares, basic	801M+20.5%	704M+6.8%	679M+3.8%	662.5M+3.8%	665M+3.0%
Other income, net	$27M-71.0%	$152M+78.8%	$103M+24.1%	$94.8M+17.2%	$93M+21.1%
Revenue From Contract With Customer Excluding Assessed Tax	$3B+31.1%	$2.59B+14.9%	$2.47B+15.7%	$2.54B+15.8%	$2.29B+15.3%
EBIT	-$156M-150%	$549M+68.4%	$412M+11.7%	$591.7M+85.3%	$312M+23.1%
EBITDA	$178M-55.5%	$640M+55.0%	$501M+10.6%	$676.1M+71.0%	$400M+22.0%
EBITDA	$178M-55.5%	$640M+55.0%	$501M+10.6%	$676.1M+71.0%	$400M+22.0%
EBITDA margin	5.9%-11.5pp	24.7%+6.4pp	20.3%-0.9pp	26.7%+8.6pp	17.5%+1.0pp
EBIT	-$156M-150%	$549M+68.4%	$412M+11.7%	$591.7M+85.3%	$312M+23.1%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Palo Alto Networks, Inc..

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

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.