Palo Alto Networks, Inc.
PANWNASDAQTechnology● Active
$268.18
$-3.87(-1.42%)
Market Cap$182.8B
P/E Ratio—
52W High$302.95
52W Low$139.57
Palo Alto Networks, Inc. (PANW) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · PANW · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-07 | 2024-07 | 2023-07 | 2022-07 | 2021-07 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $9.22B | $8.03B | $6.89B | $5.50B | $4.26B |
| Cost of Revenue | $2.45B | $2.06B | $1.91B | $1.72B | $1.27B |
| Gross Profit | $6.77B | $5.97B | $4.98B | $3.78B | $2.98B |
| Gross Margin %(computed) | 73.41% | 74.35% | 72.29% | 68.76% | 70.05% |
| Operating Expenses | |||||
| R&D Expenses | $1.98B | $1.81B | $1.60B | $1.42B | $1.14B |
| G&A Expenses | $0.44B | $0.68B | $0.45B | $0.41B | $0.39B |
| Total Operating Expenses | $5.53B | $5.28B | $4.60B | $3.97B | $3.29B |
| Operating Income | $1.24B | $0.68B | $0.39B | ($0.19B) | ($0.30B) |
| Operating Margin %(computed) | 13.48% | 8.52% | 5.62% | -3.43% | -7.15% |
| Interest Income | $0.36B | $0.32B | $0.22B | $0.02B | $0.01B |
| Interest Expense | $0.00B | $0.01B | $0.03B | $0.03B | $0.16B |
| Income Before Tax | $1.60B | $0.99B | $0.57B | ($0.21B) | ($0.47B) |
| Income Tax Expense | $0.46B | ($1.59B) | $0.13B | $0.06B | $0.03B |
| Net Income | $1.13B | $2.58B | $0.44B | ($0.27B) | ($0.50B) |
| Net Margin %(computed) | 12.30% | 32.11% | 6.38% | -4.85% | -11.72% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $1.71 | $4.04 | $0.73 | $-0.45 | $-0.86 |
| Wtd Avg Shares | 0.66B | 0.64B | 0.61B | 0.59B | 0.58B |
| EBITDA | $1.94B | $1.28B | $0.87B | $0.10B | ($0.05B) |
| EBITDA Margin %(computed) | 21.05% | 15.90% | 12.61% | 1.74% | -1.09% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About Palo Alto Networks, Inc. (PANW) Income Statement
Palo Alto Networks, Inc. (PANW) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, PANW reported revenue of $9.22B, gross profit of $6.77B (gross margin 73.41%), and net income of $1.13B — a net profit margin of 12.30%.
Frequently asked questions
PANW · 4 questionsPalo Alto Networks, Inc. (PANW) reported revenue of $9.22B for 2025, up 14.9% year-over-year.
PANW revenuePANW salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08