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Palo Alto Networks, Inc. (PANW)
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Palo Alto Networks, Inc. (PANW) Revenue CAGR:19.52%(TTM)

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The revenue cagr for Palo Alto Networks, Inc. (PANW) is +19.52% over the latest trailing 12-month period. Revenue CAGR uses precomputed financial statement history.

The revenue CAGR for Palo Alto Networks, Inc. (PANW) stock is 19.52% over the past 12 months. The 3 year CAGR is 17.79% and the 5 year CAGR is 21.62%. Revenue CAGR measures how Palo Alto Networks, Inc.'s top-line revenue has grown over time. Consistent revenue growth is a key indicator of business expansion and market share gains.

PANW Revenue CAGR Chart

Palo Alto Networks, Inc. (PANW)

PANW Quarterly Revenue Growth (YoY)

Revenue growth vs the same quarter one year earlier, last 20 quarters.

PANW Revenue CAGR History

YearStart RevenueEnd RevenueChange% ChangeCAGR
2025$8.03B$9.22B+$1.19B+14.87%+14.87%
2024$6.89B$8.03B+$1.13B+16.46%+16.46%
2023$5.50B$6.89B+$1.39B+25.29%+25.29%
2022$4.26B$5.50B+$1.25B+29.26%+29.26%
2021$3.41B$4.26B+$847.70M+24.87%+24.87%
2020$2.90B$3.41B+$508.80M+17.55%+17.55%
2019$2.27B$2.90B+$626.50M+27.56%+27.56%
2018$1.76B$2.27B+$511.50M+29.04%+29.04%
2017$1.38B$1.76B+$383.10M+27.79%+27.79%
2016$928.05M$1.38B+$450.45M+48.54%+48.54%
2015$598.18M$928.05M+$329.87M+55.15%+55.15%
2014$396.11M$598.18M+$202.07M+51.01%+51.01%
2013$255.14M$396.11M+$140.97M+55.25%+55.25%
2012$118.60M$255.14M+$136.54M+115.13%+115.13%
2011$48.78M$118.60M+$69.81M+143.12%+143.12%
2010$13.35M$48.78M+$35.43M+265.35%+265.35%

Quarterly Revenue: QoQ & YoY

QuarterValueQoQYoY
Q3 2026$3.00B+15.7%+31.1%
Q2 2026$2.59B+4.9%+14.9%
Q1 2025$2.47B-2.5%+15.7%
Q4 2025$2.54B+10.8%+15.8%
Q3 2025$2.29B+1.4%+15.3%
Q2 2025$2.26B+5.5%+14.3%
Q1 2024$2.14B-2.3%+13.9%
Q4 2024$2.19B+10.3%+12.1%
Q3 2024$1.98B+0.5%+15.3%
Q2 2024$1.98B+5.2%+19.3%
Q1 2023$1.88B-3.8%+20.1%
Q4 2023$1.95B+13.5%+26.0%
Q3 2023$1.72B+4.0%+24.1%
Q2 2023$1.66B+5.9%+25.7%
Q1 2022$1.56B+0.8%+25.3%
Q4 2022$1.55B+11.8%+27.2%

QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.

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
15,758 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Nikesh Arora