Palo Alto Networks (PANW) Financials: History & Chart

Palo Alto Networks, Inc.(PANW)

Software - Infrastructure · Santa Clara, CA

$335.10+0.00 (+0.00%)

Delayed quote: Sep 9, 2026, 4:00 PM EDT

About Palo Alto Networks, Inc.

Palo Alto Networks, Inc. is a global leader in providing advanced cybersecurity solutions. The company's core product line includes both hardware and software-based firewalls. It also offers Panorama, a sophisticated security management platform designed for centralized control of these firewall deployments, whether they are physical appliances, virtual instances, or situated in public or private cloud environments. Additionally, the firm provides virtual system upgrades to enhance the capacity of its physical firewall units. Complementing its core products, Palo Alto Networks delivers an extensive range of subscription services. These encompass robust threat prevention, protection against malware and advanced persistent threats, URL filtering, and security for both laptop and mobile devices. Further specialized subscriptions include DNS security, Internet of Things (IoT) security, SaaS security (via API and inline methods), threat intelligence, and data loss prevention. Beyond its product and subscription offerings, the company extends various expert services, such as cloud security, secure access solutions, security analytics and automation tools, and specialized cybersecurity consulting, often integrated with threat intelligence. Its professional services cover critical areas like architectural design and planning, system implementation, configuration, and seamless firewall migration. Educational resources, including certifications and both online and in-classroom training, are also available, alongside comprehensive support services. Palo Alto Networks distributes its security solutions both directly and through an extensive network of channel partners. Its diverse clientele primarily comprises medium to large-scale enterprises, service providers, and governmental organizations across a wide array of industries. These sectors include education, energy, financial services, healthcare, internet and media, manufacturing, the broader public sector, and telecommunications. Established in 2005, Palo Alto Networks maintains its corporate headquarters in Santa Clara, California.

Santa Clara, CA

21,491 employees

www.paloaltonetworks.com

Technology / Software - Infrastructure

Sector: Technology
Industry: Software - Infrastructure
CEO: Nikesh Arora

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Jul 2026	Quarter ended Apr 2026	Quarter ended Jan 2026	Quarter ended Oct 2025	Quarter ended Jul 2025	Quarter ended Apr 2025	Quarter ended Jan 2025	Quarter ended Oct 2024
Revenue	11.48B	3.41B	3.00B	2.59B	2.47B	2.54B	2.29B	2.26B	2.14B
Cost of Goods Sold	3.40B	1.11B	974.00M	685.00M	638.00M	679.00M	619.30M	599.20M	554.00M
Gross Profit	8.08B	2.30B	2.03B	1.91B	1.84B	1.86B	1.67B	1.66B	1.58B
Gross Profit Margin	70.4%	67.6%	67.6%	73.6%	74.2%	73.2%	72.9%	73.5%	74.1%
Total Operating Expenses	7.38B	2.13B	2.21B	1.51B	1.53B	1.36B	1.45B	1.42B	1.30B
Research & Development	2.55B	779.00M	734.00M	511.00M	528.00M	503.50M	494.50M	505.70M	481.00M
Selling, General & Administrative	4.83B	1.35B	1.48B	1.00B	999.00M	856.60M	956.40M	912.10M	818.00M
Operating Income (EBIT)	695.00M	169.00M	-183.00M	400.00M	309.00M	497.20M	218.80M	240.40M	286.00M
Operating Margin	6.1%	5.0%	-6.1%	15.4%	12.5%	19.6%	9.6%	10.6%	13.4%
Income Before Tax (EBT)	536.00M	-269.00M	-156.00M	549.00M	412.00M	591.80M	310.50M	324.80M	368.00M
Interest Income	N/A	-285.00M	71.00M	109.00M	105.00M	98.10M	92.80M	86.90M	86.00M
Interest Expense	N/A	N/A	N/A	N/A	N/A	400K	700K	900K	1.00M
Other Income/Expense	-159.00M	-438.00M	27.00M	149.00M	103.00M	94.60M	91.70M	84.40M	82.00M
Net Income	307.00M	-282.00M	-177.00M	432.00M	334.00M	253.80M	262.10M	267.30M	351.00M
Income Tax Expense	229.00M	13.00M	21.00M	117.00M	78.00M	338.00M	48.40M	57.50M	17.00M
Net Profit Margin	2.7%	-8.3%	-5.9%	16.7%	13.5%	10.0%	11.5%	11.8%	16.4%
EBITDA	257.00M	-1.07B	300.00M	626.00M	398.00M	581.00M	306.90M	327.90M	370.00M
EBITDA Margin	2.2%	-31.3%	10.0%	24.1%	16.1%	22.9%	13.4%	14.5%	17.3%
Depreciation & Amortization	0.00	-798.00M	483.00M	226.00M	89.00M	83.80M	88.10M	87.50M	84.00M
EPS Basic	0.46	-0.35	-0.29	0.61	0.49	0.38	0.39	0.41	0.54
EPS Diluted	0.44	-0.35	-0.28	0.60	0.47	0.36	0.37	0.38	0.49
Shares Outstanding	749.00M	749.00M	729.00M	695.00M	679.00M	669.40M	665.10M	659.30M	653.60M
Diluted Shares Outstanding	764.00M	764.00M	744.00M	713.00M	709.00M	709.00M	707.40M	709.00M	709.00M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	07/31/2026	07/31/2025	07/31/2024	07/31/2023	07/31/2022	07/31/2021	07/31/2020	07/31/2019
Revenue	11.48B	9.22B	8.03B	6.89B	5.50B	4.26B	3.41B	2.90B
Cost of Goods Sold	3.40B	2.45B	2.06B	1.91B	1.72B	1.27B	999.50M	808.40M
Gross Profit	8.08B	6.77B	5.97B	4.98B	3.78B	2.98B	2.41B	2.09B
Gross Profit Margin	70.4%	73.4%	74.3%	72.3%	68.8%	70.0%	70.7%	72.1%
Total Operating Expenses	7.38B	5.53B	5.28B	4.60B	3.97B	3.29B	2.59B	2.15B
Research & Development	2.55B	1.98B	1.81B	1.60B	1.42B	1.14B	768.10M	539.50M
Selling, General & Administrative	4.83B	3.54B	3.48B	2.99B	2.55B	2.14B	1.82B	1.61B
Operating Income (EBIT)	695.00M	1.24B	683.90M	387.30M	-188.80M	-304.10M	-179.00M	-54.10M
Operating Margin	6.1%	13.5%	8.5%	5.6%	-3.4%	-7.1%	-5.3%	-1.9%
Income Before Tax (EBT)	536.00M	1.60B	988.30M	566.30M	-207.20M	-465.00M	-231.80M	-74.60M
Interest Income	N/A	363.50M	317.90M	224.40M	15.60M	8.50M	41.40M	69.80M
Interest Expense	N/A	3.00M	8.30M	27.20M	27.40M	163.30M	88.70M	83.90M
Other Income/Expense	-159.00M	352.80M	304.40M	179.00M	-18.40M	-160.90M	-52.80M	-20.50M
Net Income	307.00M	1.13B	2.58B	439.70M	-267.00M	-498.90M	-267.00M	-81.90M
Income Tax Expense	229.00M	461.80M	-1.59B	126.60M	59.80M	33.90M	35.20M	7.30M
Net Profit Margin	2.7%	12.3%	32.1%	6.4%	-4.9%	-11.7%	-7.8%	-2.8%
EBITDA	695.00M	1.59B	967.20M	669.50M	93.80M	-43.70M	27.10M	99.70M
EBITDA Margin	6.1%	17.2%	12.0%	9.7%	1.7%	-1.0%	0.8%	3.4%
Depreciation & Amortization	0.00	343.40M	283.30M	282.20M	282.60M	260.40M	206.10M	153.80M
EPS Basic	0.46	1.71	4.04	0.73	-0.45	-0.86	-0.46	-0.14
EPS Diluted	0.44	1.60	3.64	0.64	-0.45	-0.86	-0.46	-0.14
Shares Outstanding	749.00M	662.50M	638.40M	606.40M	591.00M	578.40M	581.40M	567.00M
Diluted Shares Outstanding	764.00M	709.30M	708.00M	684.60M	591.00M	578.40M	581.40M	567.00M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.