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+19.5%	$9.89B+15.4%	$9.56B+15.3%	$9.22B+14.9%	$8.87B+13.9%
Total cost of revenue	$2.98B+26.9%	$2.62B+17.0%	$2.54B+18.5%	$2.45B+19.1%	$2.35B+17.7%
Gross profit	$7.63B+16.9%	$7.27B+14.9%	$7.02B+14.2%	$6.77B+13.4%	$6.53B+12.6%
Gross margin	71.9%-1.6pp	73.5%-0.4pp	73.5%-0.7pp	73.4%-0.9pp	73.6%-0.9pp
Research and development	$2.28B+15.3%	$2.04B+5.1%	$2.03B+8.0%	$1.98B+9.7%	$1.97B+14.2%
Selling and marketing	$3.63B+20.6%	$3.27B+11.1%	$3.2B+12.1%	$3.1B+10.9%	$3.01B+10.9%
General and administrative	$699.7M+25.8%	$547.7M+7.2%	$523.7M-20.5%	$442.7M-34.9%	$556.3M-15.0%
Other operating expenses	$6.61B+19.2%	$5.85B+8.6%	$5.76B+6.7%	$5.53B+4.6%	$5.54B+8.7%
Total operating expenses	$6.61B+19.2%	$5.85B+8.6%	$5.76B+6.7%	$5.53B+4.6%	$5.54B+8.7%
Operating income	$1.02B+3.6%	$1.42B+50.9%	$1.27B+67.7%	$1.24B+81.7%	$984.4M+40.8%
Operating margin	9.6%-1.5pp	14.4%+3.4pp	13.2%+4.1pp	13.5%+5.0pp	11.1%+2.1pp
Interest expense	$0-100%	$1M-78.3%	$2M-68.8%	$3M-63.9%	$3.3M-75.9%
Income before income taxes	$1.4B+5.6%	$1.86B+47.5%	$1.64B+52.7%	$1.6B+61.5%	$1.32B+34.2%
Income tax expense	$553.8M+549%	$581.8M+6,587%	$522.8M+131%	$461.8M+129%	$85.3M+106%
Net income	$842.9M-31.9%	$1.28B+2.2%	$1.12B-59.2%	$1.13B-56.0%	$1.24B-49.4%
Net margin	7.9%-6.0pp	13%-1.7pp	11.7%-21.3pp	12.3%-19.8pp	13.9%-17.5pp
Diluted earnings per share	$1.22-29.9%	$1.81+2.8%	$1.58-58.6%	$1.60-58.9%	$1.74-48.8%
Basic earnings per share	$1.26-33.0%	$1.87-2.6%	$1.67-60.6%	$1.72-60.3%	$1.88-50.8%
Weighted-average shares, diluted	2.9B+3.4%	2.8B0.0%	2.8B-0.2%	2.8B+14.2%	2.8B+15.2%
Weighted-average shares, basic	2.8B+8.8%	2.7B+4.4%	2.7B+3.4%	2.6B+18.2%	2.6B+18.8%
Other income, net	$376.8M+10.2%	$442.8M+36.0%	$375.8M+15.5%	$355.8M+13.8%	$341.9M+13.8%
Revenue From Contract With Customer Excluding Assessed Tax	$10.61B+19.5%	$9.89B+15.4%	$9.56B+15.3%	$9.22B+14.9%	$8.87B+13.9%
EBIT	$1.4B+5.3%	$1.86B+47.1%	$1.64B+52.0%	$1.6B+60.4%	$1.33B+32.7%
EBITDA	$2B+20.1%	$2.22B+39.5%	$1.99B+43.9%	$1.94B+51.7%	$1.66B+30.2%
EBITDA	$2B+20.1%	$2.22B+39.5%	$1.99B+43.9%	$1.94B+51.7%	$1.66B+30.2%
EBITDA margin	18.8%+0.1pp	22.4%+3.9pp	20.8%+4.1pp	21.1%+5.1pp	18.7%+2.3pp
EBIT	$1.4B+5.3%	$1.86B+47.1%	$1.64B+52.0%	$1.6B+60.4%	$1.33B+32.7%

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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.