What is Palo Alto Networks, Inc.'s total revenue?

Palo Alto Networks, Inc. (PANW) reported total revenue of $3B in Q1 2026.

How has Palo Alto Networks, Inc.'s total revenue changed year-over-year?

Palo Alto Networks, Inc.'s total revenue increased by 31.1% year-over-year, from $2.29B to $3B.

What is the long-term trend for Palo Alto Networks, Inc.'s total revenue?

Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s total revenue has grown at a 21.3% compound annual growth rate (CAGR), from $4.26B to $9.22B.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

Palo Alto Networks, Inc. PANW Total Revenue

Total Revenue at other companies

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$15.84B+12.0%

F5, Inc.FFIV

$811.7M+11.0%

Akamai TechnologiesAKAM

$1.07B+5.8%

NetgearNTGR

$158.82M-2.0%

FortinetFTNT

$1.85B+20.1%

Segments

By geography

See full

Europe, the Middle East, and Africa (“EMEA”)$633M+31.9%

Asia Pacific and Japan (“APAC”)$351M+25.8%

Other Americas$164M+56.2%

By product

See full

Subscription$1.63B+32.3%

Support$776M+28.9%

Other financials

Income statement

See full

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$238.87B+79.8%

Enterprise value$238.73B+82.0%

P/E283.4×+176×

P/S22.5×+7.6×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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

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Questions, answered.

What is Palo Alto Networks, Inc.'s total revenue?: Palo Alto Networks, Inc. (PANW) reported total revenue of $3B in Q1 2026.
How has Palo Alto Networks, Inc.'s total revenue changed year-over-year?: Palo Alto Networks, Inc.'s total revenue increased by 31.1% year-over-year, from $2.29B to $3B.
What is the long-term trend for Palo Alto Networks, Inc.'s total revenue?: Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s total revenue has grown at a 21.3% compound annual growth rate (CAGR), from $4.26B to $9.22B.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.