Palo Alto Networks (PANW) Operating Margin: History & Chart

Palo Alto Networks, Inc.(PANW)

Software - Infrastructure · Santa Clara, CA

$333.49-3.49 (-1.04%)

Delayed quote: Sep 9, 2026, 11:10 AM 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

PANW Operating Margin Metrics

OPERATING MARGIN

6.05%

OPERATING MARGIN AVG TTM

9.27%

OPERATING MARGIN AVG 3Y

11.07%

OPERATING MARGIN AVG 5Y

5.49%

OPERATING MARGIN AVG 10Y

-0.30%

OPERATING MARGIN AVG 15Y

-3.01%

OPERATING MARGIN AVG 20Y

N/A

CURRENT VS TTM AVG

-34.77%

CURRENT VS 3Y AVG

-45.33%

CURRENT VS 5Y AVG

+10.27%

CURRENT VS 10Y AVG

+2087.02%

CURRENT VS 15Y AVG

+301.13%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · TECHNOLOGY

14.00%

median of 194 covered companies

CURRENT VS SECTOR MEDIAN

-56.79%

vs the sector median at left

NAME	MARKET CAP	OPERATING MARGIN	TTM	3Y	5Y
Palo Alto Networks, Inc. (PANW)	$271.80B	6.05%	9.27%	11.07%	5.49%
Sandisk Corporation (SNDK)vs ›	$264.42B	61.19%	61.19%	11.82%	2.86%
Arm Holdings plc American Depositary Shares (ARM)vs ›	$285.21B	17.30%	19.55%	16.87%	17.43%
SAP SE (SAP)vs ›	$249.13B	26.78%	19.89%	19.60%	21.00%
Arista Networks, Inc. (ANET)vs ›	$245.95B	43.14%	42.44%	39.56%	36.63%
KLA Corporation (KLAC)vs ›	$238.75B	41.69%	41.47%	39.51%	38.95%
Texas Instruments Incorporated (TXN)vs ›	$237.26B	37.29%	34.50%	40.37%	41.85%
International Business Machines Corporation (IBM)vs ›	$217.97B	17.86%	17.27%	15.98%	14.06%
CrowdStrike Holdings, Inc. (CRWD)vs ›	$213.04B	-2.21%	-4.57%	-4.43%	-6.35%
Marvell Technology, Inc. (MRVL)vs ›	$207.48B	16.71%	1.92%	-0.61%	-3.16%

NAME

MARKET CAP

OPERATING MARGIN

TTM

Palo Alto Networks, Inc. (PANW)

$271.80B

6.05%

9.27%

11.07%

5.49%

Sandisk Corporation (SNDK)vs ›

$264.42B

61.19%

11.82%

2.86%

Arm Holdings plc American Depositary Shares (ARM)vs ›

$285.21B

17.30%

19.55%

16.87%

17.43%

SAP SE (SAP)vs ›

$249.13B

26.78%

19.89%

19.60%

21.00%

Arista Networks, Inc. (ANET)vs ›

$245.95B

43.14%

42.44%

39.56%

36.63%

KLA Corporation (KLAC)vs ›

$238.75B

41.69%

41.47%

39.51%

38.95%

Texas Instruments Incorporated (TXN)vs ›

$237.26B

37.29%

34.50%

40.37%

41.85%

International Business Machines Corporation (IBM)vs ›

$217.97B

17.86%

17.27%

15.98%

14.06%

CrowdStrike Holdings, Inc. (CRWD)vs ›

$213.04B

-2.21%

-4.57%

-4.43%

-6.35%

Marvell Technology, Inc. (MRVL)vs ›

$207.48B

16.71%

1.92%

-0.61%

-3.16%

Operating Margin FAQ

What is the operating margin for Palo Alto Networks, Inc. (PANW)?

The operating margin for PANW stock is 6.05%.

Is Palo Alto Networks, Inc.'s operating margin high or low?

The operating margin of 6.05% is 10% above its 5-year average of 5.49%, around the middle of its 5-year range (-6.63%–19.60%).

What is the TTM average operating margin for Palo Alto Networks, Inc. (PANW)?

The TTM average operating margin for PANW stock is 9.27%.

What is the 3Y average operating margin for Palo Alto Networks, Inc. (PANW)?

The 3Y average operating margin for PANW stock is 11.07%.

What is the 5Y average operating margin for Palo Alto Networks, Inc. (PANW)?

The 5Y average operating margin for PANW stock is 5.49%.

What is the 10Y average operating margin for Palo Alto Networks, Inc. (PANW)?

The 10Y average operating margin for PANW stock is -0.30%.

What is the 15Y average operating margin for Palo Alto Networks, Inc. (PANW)?

The 15Y average operating margin for PANW stock is -3.01%.

DATE	OPERATING MARGIN
2026-07-31	4.96%
2026-04-30	-6.10%
2026-01-31	15.42%
2025-10-31	12.49%
2025-07-31	19.60%
2025-04-30	9.56%
2025-01-31	10.65%
2024-10-31	13.37%
2024-07-31	10.89%
2024-04-30	8.90%
2024-01-31	2.71%
2023-10-31	11.46%
2023-07-31	12.98%
2023-04-30	4.57%
2023-01-31	2.41%
2022-10-31	0.97%
2022-07-31	0.99%
2022-04-30	-3.43%
2022-01-31	-5.61%
2021-10-31	-6.63%
2021-07-31	-4.95%
2021-04-30	-10.28%
2021-01-31	-8.73%
2020-10-31	-4.70%
2020-07-31	-1.87%
2020-04-30	-6.50%
2020-01-31	-6.48%
2019-10-31	-6.71%
2019-07-31	-1.23%
2019-04-30	-2.57%
2019-01-31	0.93%
2018-10-31	-4.89%
2018-07-31	1.31%
2018-04-30	-7.99%
2018-01-31	-4.15%
2017-10-31	-10.58%
2017-07-31	-5.36%
2017-04-30	-11.37%
2017-01-31	-12.87%
2016-10-31	-12.31%
2016-07-31	-11.33%
2016-04-30	-15.18%
2016-01-31	-14.97%
2015-10-31	-10.77%
2015-07-31	-12.16%
2015-04-30	-15.67%
2015-01-31	-17.69%
2014-10-31	-12.37%
2014-07-31	-14.28%
2014-04-30	-96.70%
2014-01-31	-26.34%
2013-10-31	-5.47%
2013-07-31	-6.12%
2013-04-30	-6.37%
2013-01-31	-2.24%
2012-10-31	-3.64%
2012-07-31	-5.61%
2012-04-30	-0.06%
2012-01-31	2.25%
2011-10-31	12.08%
2011-07-31	-13.38%
2011-04-30	-6.51%

DATE

OPERATING MARGIN

2026-07-31

4.96%

2026-04-30

-6.10%

2026-01-31

15.42%

2025-10-31

12.49%

2025-07-31

19.60%

2025-04-30

9.56%

2025-01-31

10.65%

2024-10-31

13.37%

2024-07-31

10.89%

2024-04-30

8.90%

2024-01-31

2.71%

2023-10-31

11.46%

2023-07-31

12.98%

2023-04-30

4.57%

2023-01-31

2.41%

2022-10-31

0.97%

2022-07-31

0.99%

2022-04-30

-3.43%

2022-01-31

-5.61%

2021-10-31

-6.63%

2021-07-31

-4.95%

2021-04-30

-10.28%

2021-01-31

-8.73%

2020-10-31

-4.70%

2020-07-31

-1.87%

2020-04-30

-6.50%

2020-01-31

-6.48%

2019-10-31

-6.71%

2019-07-31

-1.23%

2019-04-30

-2.57%

2019-01-31

0.93%

2018-10-31

-4.89%

2018-07-31

1.31%

2018-04-30

-7.99%

2018-01-31

-4.15%

2017-10-31

-10.58%

2017-07-31

-5.36%

2017-04-30

-11.37%

2017-01-31

-12.87%

2016-10-31

-12.31%

2016-07-31

-11.33%

2016-04-30

-15.18%

2016-01-31

-14.97%

2015-10-31

-10.77%

2015-07-31

-12.16%

2015-04-30

-15.67%

2015-01-31

-17.69%

2014-10-31

-12.37%

2014-07-31

-14.28%

2014-04-30

-96.70%

2014-01-31

-26.34%

2013-10-31

-5.47%

2013-07-31

-6.12%

2013-04-30

-6.37%

2013-01-31

-2.24%

2012-10-31

-3.64%

2012-07-31

-5.61%

2012-04-30

-0.06%

2012-01-31

2.25%

2011-10-31

12.08%

2011-07-31

-13.38%

2011-04-30

-6.51%

Operating Margin: 6.05%

PANW Operating Margin

PANW Average Operating Margin Chart

PANW Current vs Average Operating Margin Chart

PANW Operating Margin Metrics

PANW Competitors' Operating Margin

Operating Efficiency

Operating Margin Formula & Definition

Operating Margin FAQ

PANW Operating Margin History

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