Skip to content

Palo Alto Networks, Inc. PANW Total Cost of Revenue

Total Cost of Revenue at other companies

Microsoft logo
MicrosoftMSFT
$26.83B+22.4%
Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
$5.76B+18.3%
F5, Inc. logo
F5, Inc.FFIV
$150.9M+7.1%
Akamai Technologies logo
Akamai TechnologiesAKAM
$471.3M+12.5%
Qualys, Inc. logo
Qualys, Inc.QLYS
$29.99M+3.7%
Fortinet logo
FortinetFTNT
$364.5M+24.4%

Other financials

Income statement

See full
Revenue$3.0B+31.1%
Gross profit$2.0B+21.4%
Operating income-$183.0M-184%
Net income-$177.0M-168%
EPS (diluted)-$0.22-159%

Balance sheet

See full
Cash & equivalents$2.4B-0.9%
Total debt$2.2B+206%
Total equity$27.7B+283%
Total assets$46.3B+110%

Cash flow

See full
Operating cash flow$871.0M+38.7%
CapEx$83.0M+22.1%
Free cash flow$788.0M+40.7%

Valuation

See full
Market cap$277.93B+110%
Enterprise value$277.79B+113%
P/E329.7×+223×
P/S26.2×+11.3×

Profitability

See full
Gross margin71.9%-1.6pp
Operating margin9.6%-1.5pp
Net margin7.9%-6.0pp
FCF margin35.8%+2.0pp

Returns & leverage

See full
Return on equity4.8%-16.3pp
Debt / equity0.1×0.0×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Palo Alto Networks, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Palo Alto Networks, Inc.’s 10-Q, filed June 3, 2026, on SEC EDGAR. View the filing →

Ask your AI about Palo Alto Networks, Inc.'s total cost of revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Palo Alto Networks, Inc.'s total cost of revenue?
Palo Alto Networks, Inc. (PANW) reported total cost of revenue of $974M in Q1 2026.
How has Palo Alto Networks, Inc.'s total cost of revenue changed year-over-year?
Palo Alto Networks, Inc.'s total cost of revenue increased by 57.4% year-over-year, from $619M to $974M.
What is the long-term trend for Palo Alto Networks, Inc.'s total cost of revenue?
Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s total cost of revenue has grown at a 17.8% compound annual growth rate (CAGR), from $1.27B to $2.45B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.