Palo Alto Networks, Inc. (PANW) Gross Margin: 71.94%
Is Palo Alto Networks, Inc.’s gross margin high or low?
Palo Alto Networks, Inc.'s gross margin of 71.94% is in line with its 5-year average of 71.59%, around the middle of its 5-year range (68.76%–74.35%).
The gross margin for Palo Alto Networks, Inc. (PANW) is 71.94% as of Wednesday, June 10, 2026. It is below its 12-month average by 2.63% (73.88%).
PANW Gross Margin Chart
PANW Average Gross Margin Chart
PANW Current vs Average Gross Margin Chart
PANW Gross Margin Metrics
GROSS MARGIN
71.94%
GROSS MARGIN AVG TTM
73.88%
GROSS MARGIN AVG 3Y
72.20%
GROSS MARGIN AVG 5Y
71.59%
GROSS MARGIN AVG 10Y
72.03%
GROSS MARGIN AVG 15Y
71.94%
GROSS MARGIN AVG 20Y
70.82%
CURRENT VS TTM AVG
-2.63%
CURRENT VS 3Y AVG
-0.36%
CURRENT VS 5Y AVG
+0.49%
CURRENT VS 10Y AVG
-0.12%
CURRENT VS 15Y AVG
+0.01%
CURRENT VS 20Y AVG
+1.58%
PANW Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palo Alto Networks, Inc. (PANW) | — | 71.94% | 73.88% | 72.20% | 71.59% |
| Seagate Technology Holdings plc (STX) | $182.47B | 41.54% | 29.31% | 26.90% | 26.99% |
| Amphenol Corporation (APH) | $184.89B | 37.35% | 35.32% | 33.77% | 32.89% |
| Western Digital Corporation (WDC) | $167.87B | 45.43% | 33.42% | 30.09% | 28.28% |
| Analog Devices, Inc. (ADI) | $191.81B | 64.49% | 59.27% | 60.85% | 62.78% |
| CrowdStrike Holdings, Inc. (CRWD) | $164.89B | 75.03% | 74.80% | 74.51% | 74.23% |
| QUALCOMM Incorporated (QCOM) | $202.82B | 54.80% | 55.82% | 56.30% | 57.23% |
| Salesforce, Inc. (CRM) | $141.00B | 77.64% | 77.44% | 75.93% | 75.27% |
| Shopify Inc. (SHOP) | $140.41B | 47.97% | 49.22% | 49.35% | 50.64% |
| Uber Technologies, Inc. (UBER) | $139.66B | 41.03% | 39.58% | 39.31% | 42.90% |
Gross Margin Analysis
Gross Margin
71.9%
(Revenue - COGS) / Revenue
Palo Alto Networks, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Palo Alto Networks, Inc. Gross Margin FAQ
- What is the gross margin for Palo Alto Networks, Inc. (PANW)?
- The gross margin for PANW stock is 71.94%.
- Is Palo Alto Networks, Inc.'s gross margin high or low?
- Palo Alto Networks, Inc.'s gross margin of 71.94% is in line with its 5-year average of 71.59%, around the middle of its 5-year range (68.76%–74.35%).
- What is the TTM average gross margin for Palo Alto Networks, Inc. (PANW)?
- The TTM average gross margin for PANW stock is 73.88%.
- What is the 3Y average gross margin for Palo Alto Networks, Inc. (PANW)?
- The 3Y average gross margin for PANW stock is 72.20%.
- What is the 5Y average gross margin for Palo Alto Networks, Inc. (PANW)?
- The 5Y average gross margin for PANW stock is 71.59%.
- What is the 10Y average gross margin for Palo Alto Networks, Inc. (PANW)?
- The 10Y average gross margin for PANW stock is 72.03%.
- What is the 15Y average gross margin for Palo Alto Networks, Inc. (PANW)?
- The 15Y average gross margin for PANW stock is 71.94%.
- What is the 20Y average gross margin for Palo Alto Networks, Inc. (PANW)?
- The 20Y average gross margin for PANW stock is 70.82%.
Palo Alto Networks, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-07-31 | 73.41% |
| 2024-07-31 | 74.35% |
| 2023-07-31 | 72.29% |
| 2022-07-31 | 68.76% |
| 2021-07-31 | 70.05% |
| 2020-07-31 | 70.68% |
| 2019-07-31 | 72.12% |
| 2018-07-31 | 71.61% |
| 2017-07-31 | 72.95% |
| 2016-07-31 | 73.16% |
| 2015-07-31 | 72.90% |
| 2014-07-31 | 73.31% |
| 2013-07-31 | 72.29% |
| 2012-07-31 | 72.35% |
| 2011-07-31 | 72.79% |
| 2010-07-31 | 67.95% |
| 2009-07-31 | 53.00% |
Related Metrics
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.
- Sector
- Technology
- Industry
- Software - Infrastructure
- CEO
- Nikesh Arora