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+32.9% | $441.2M+23.0% | $427.2M+23.5% | $413.2M+18.7% | $381.7M+9.7% | |
| Subscription and support | $2.47B+25.7% | $2.18B+15.9% | $2.11B+17.5% | $2.04B+19.1% | $1.96B+19.4% | |
| Revenue: by Geography | ||||||
| Asia Pacific and Japan (“APAC”) | $1.28B+19.7% | $1.2B+18.9% | $1.16B+19.1% | $1.1B+16.6% | $1.06B+17.2% | |
| Europe, the Middle East, and Africa (“EMEA”) | $2.23B+21.6% | $2.08B+18.5% | $2B+18.9% | $1.92B+19.7% | $1.83B+18.3% | |
| Other Americas | $516.9M+30.2% | $457.9M+20.3% | $435.9M+19.6% | $418.9M+20.1% | $397.1M+17.0% | |
| United States | $6.59B+18.0% | $6.16B+13.5% | $5.97B+13.2% | $5.79B+12.7% | $5.58B+11.7% |
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.
