Palo Alto Networks, Inc. PANW Business Segments
| TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | ||
|---|---|---|---|---|---|---|
| Total Cost of Revenue by Product | ||||||
| Product | $507.2M+15.0% | $441.2M+3.3% | $427.2M+3.4% | $413.2M+8.3% | $381.7M+6.4% | |
| Subscription and support | $2.47B+13.3% | $2.18B+3.4% | $2.11B+3.4% | $2.04B+3.8% | $1.96B+4.4% | |
| Revenue: by Geography | ||||||
| Asia Pacific and Japan (“APAC”) | $1.28B+6.0% | $1.2B+4.1% | $1.16B+5.2% | $1.1B+3.2% | $1.06B+5.2% | |
| Europe, the Middle East, and Africa (“EMEA”) | $2.23B+7.4% | $2.08B+4.0% | $2B+4.1% | $1.92B+4.6% | $1.83B+4.6% | |
| Other Americas | $516.9M+12.9% | $457.9M+5.0% | $435.9M+4.1% | $418.9M+5.5% | $397.1M+4.3% | |
| United States | $6.59B+7.0% | $6.16B+3.2% | $5.97B+3.1% | $5.79B+3.7% | $5.58B+2.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Palo Alto Networks, Inc. break its business down?
- Palo Alto Networks, Inc. (PANW) reports total cost of revenue by product across 2 parts — Product and Subscription and support. Each is extracted from the segment footnotes and tracked over time.
- Where does Palo Alto Networks, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Palo Alto Networks, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
