Palo Alto Networks, Inc. (PANW) Income Tax Expense
The tax expense for Palo Alto Networks, Inc. (PANW) is $461.80 Million with a year-over-year change of +129.06%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
PANW Tax Expense Chart
Current Tax Expense
$461.80M
$461.80 Million
Year-over-Year Change
+129.06%
vs. $-1.59B prior year
Historical Data
17
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $461.80M | +$2.05B | +129.06% |
| 2024 | $-1.59B | $-1.72B | -1355.37% |
| 2023 | $126.60M | +$66.80M | +111.71% |
| 2022 | $59.80M | +$25.90M | +76.40% |
| 2021 | $33.90M | $-1.30M | -3.69% |
| 2020 | $35.20M | +$27.90M | +382.19% |
| 2019 | $7.30M | $-10.40M | -58.76% |
| 2018 | $17.70M | $-4.80M | -21.33% |
| 2017 | $22.50M | +$1.70M | +8.17% |
| 2016 | $20.80M | +$11.39M | +121.16% |
| 2015 | $9.40M | +$5.11M | +119.13% |
| 2014 | $4.29M | $-6.30M | -59.47% |
| 2013 | $10.59M | +$8.53M | +413.58% |
| 2012 | $2.06M | +$1.59M | +333.19% |
| 2011 | $476,000 | +$420,000 | +750.00% |
| 2010 | $56,000 | +$44,000 | +366.67% |
| 2009 | $12,000 | — | — |
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