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Palo Alto Networks's Revenue (2016 - 2025)

  • Palo Alto Networks's annual revenue was $9.22 B in fiscal year 2025. The annual revenue increased $1.19 B from $8.03 B (in 2024) to $9.22 B (in 2025), representing a 14.87% year-over-year growth.

  • Palo Alto Networks's quarterly revenue was $3.00 B in the quarter ending Apr 2026. The quarterly revenue increased $713.00 M from $2.29 B (in Q3: June 2025) to $3.00 B (in Q3: June 2026), representing a 31.15% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
  • The highest annual revenue for Palo Alto Networks was $9.22 B in fiscal year 2025.
  • The lowest annual revenue was $1.38 B in fiscal year 2016.
  • The average revenue was $4.56 B.

    • Learn more about Palo Alto Networks's Revenue by Segment and Revenue by Region.

    Check out competitors to Palo Alto Networks in a side-by-side comparison.

    Explore additional financial metrics for Palo Alto Networks.


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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Palo Alto Networks's Revenue Trend

2025

Palo Alto Networks's annual revenue was $9.22 B in fiscal year 2025.

Palo Alto Networks's quarterly revenue was $2.14 B(Q1: Oct 2024), $2.26 B(Q2: Jan 2025), $2.29 B(Q3: Apr 2025), $2.54 B(Q4: Jul 2025) in fiscal year 2025.

2024

Palo Alto Networks's annual revenue was $8.03 B in fiscal year 2024.

Palo Alto Networks's quarterly revenue was $1.88 B(Q1: Oct 2023), $1.98 B(Q2: Jan 2024), $1.98 B(Q3: Apr 2024), $2.19 B(Q4: Jul 2024) in fiscal year 2024.

2023

Palo Alto Networks's annual revenue was $6.89 B in fiscal year 2023.

Palo Alto Networks's quarterly revenue was $1.56 B(Q1: Oct 2022), $1.66 B(Q2: Jan 2023), $1.72 B(Q3: Apr 2023), $1.95 B(Q4: Jul 2023) in fiscal year 2023.

2022

Palo Alto Networks's annual revenue was $5.50 B in fiscal year 2022.

Palo Alto Networks's quarterly revenue was $1.25 B(Q1: Oct 2021), $1.32 B(Q2: Jan 2022), $1.39 B(Q3: Apr 2022), $1.55 B(Q4: Jul 2022) in fiscal year 2022.

2021

Palo Alto Networks's annual revenue was $4.26 B in fiscal year 2021.

Palo Alto Networks's quarterly revenue was $946.00 M(Q1: Oct 2020), $1.02 B(Q2: Jan 2021), $1.07 B(Q3: Apr 2021), $1.22 B(Q4: Jul 2021) in fiscal year 2021.

2020

Palo Alto Networks's annual revenue was $3.41 B in fiscal year 2020.

Palo Alto Networks's quarterly revenue was $771.90 M(Q1: Oct 2019), $816.70 M(Q2: Jan 2020), $869.40 M(Q3: Apr 2020), $950.40 M(Q4: Jul 2020) in fiscal year 2020.

2019

Palo Alto Networks's annual revenue was $2.90 B in fiscal year 2019.

Palo Alto Networks's quarterly revenue was $656.00 M(Q1: Oct 2018), $711.20 M(Q2: Jan 2019), $726.60 M(Q3: Apr 2019), $805.80 M(Q4: Jul 2019) in fiscal year 2019.

2018

Palo Alto Networks's annual revenue was $2.27 B in fiscal year 2018.

Palo Alto Networks's quarterly revenue was $505.50 M(Q1: Oct 2017), $542.40 M(Q2: Jan 2018), $567.10 M(Q3: Apr 2018), $658.10 M(Q4: Jul 2018) in fiscal year 2018.

2017

Palo Alto Networks's annual revenue was $1.76 B in fiscal year 2017.

Palo Alto Networks's quarterly revenue was $398.10 M(Q1: Oct 2016), $422.60 M(Q2: Jan 2017), $431.80 M(Q3: Apr 2017), $509.10 M(Q4: Jul 2017) in fiscal year 2017.

2016

Palo Alto Networks's annual revenue was $1.38 B in fiscal year 2016.

Palo Alto Networks's quarterly revenue was $297.20 M(Q1: Oct 2015), $334.70 M(Q2: Jan 2016), $345.80 M(Q3: Apr 2016), $400.80 M(Q4: Jul 2016) in fiscal year 2016.

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Palo Alto Networks's Revenue (Year-over-Year Change)

2015 0
2016 +48.54
2017 +27.79
2018 +29.04
2019 +27.56
2020 +17.55
2021 +24.87
2022 +29.26
2023 +25.29
2024 +16.46
2025 +14.87

2025

Palo Alto Networks’s annual revenue increased +14.87% during fiscal year 2025 compared to 2024. It represents a growth of $1.19 B from $8.03 B (in 2024) to $9.22 B (in 2025).

2024

Palo Alto Networks’s annual revenue increased +16.46% during fiscal year 2024 compared to 2023. It represents a growth of $1.13 B from $6.89 B (in 2023) to $8.03 B (in 2024).

2023

Palo Alto Networks’s annual revenue increased +25.29% during fiscal year 2023 compared to 2022. It represents a growth of $1.39 B from $5.50 B (in 2022) to $6.89 B (in 2023).

2022

Palo Alto Networks’s annual revenue increased +29.26% during fiscal year 2022 compared to 2021. It represents a growth of $1.25 B from $4.26 B (in 2021) to $5.50 B (in 2022).

2021

Palo Alto Networks’s annual revenue increased +24.87% during fiscal year 2021 compared to 2020. It represents a growth of $847.70 M from $3.41 B (in 2020) to $4.26 B (in 2021).

2020

Palo Alto Networks’s annual revenue increased +17.55% during fiscal year 2020 compared to 2019. It represents a growth of $508.80 M from $2.90 B (in 2019) to $3.41 B (in 2020).

2019

Palo Alto Networks’s annual revenue increased +27.56% during fiscal year 2019 compared to 2018. It represents a growth of $626.50 M from $2.27 B (in 2018) to $2.90 B (in 2019).

2018

Palo Alto Networks’s annual revenue increased +29.04% during fiscal year 2018 compared to 2017. It represents a growth of $511.50 M from $1.76 B (in 2017) to $2.27 B (in 2018).

2017

Palo Alto Networks’s annual revenue increased +27.79% during fiscal year 2017 compared to 2016. It represents a growth of $383.10 M from $1.38 B (in 2016) to $1.76 B (in 2017).

2016

Palo Alto Networks’s annual revenue increased +48.54% during fiscal year 2016 compared to 2015. It represents a growth of $450.45 M from $928.05 M (in 2015) to $1.38 B (in 2016).

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Palo Alto Networks Revenue History

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Period Revenue Year-over-Year Change
FY 2025
$9.22 B $1.19 B 14.87%
Q4: Jul 25 $2.54 B $346.80 M 15.84%
Q3: Apr 25 $2.29 B $304.20 M 15.33%
Q2: Jan 25 $2.26 B $282.30 M 14.29%
Q1: Oct 24 $2.14 B $260.70 M 13.88%
FY 2024
$8.03 B $1.13 B 16.46%
Q4: Jul 24 $2.19 B $236.20 M 12.09%
Q3: Apr 24 $1.98 B $263.90 M 15.33%
Q2: Jan 24 $1.98 B $320.00 M 19.33%
Q1: Oct 23 $1.88 B $314.70 M 20.13%
FY 2023
$6.89 B $1.39 B 25.29%
Q4: Jul 23 $1.95 B $402.80 M 25.98%
Q3: Apr 23 $1.72 B $334.20 M 24.1%
Q2: Jan 23 $1.66 B $338.20 M 25.68%
Q1: Oct 22 $1.56 B $316.00 M 25.33%
FY 2022
$5.50 B $1.25 B 29.26%
Q4: Jul 22 $1.55 B $331.20 M 27.16%
Q3: Apr 22 $1.39 B $312.80 M 29.13%
Q2: Jan 22 $1.32 B $300.00 M 29.5%
Q1: Oct 21 $1.25 B $301.40 M 31.86%
FY 2021
$4.26 B $847.70 M 24.87%
Q4: Jul 21 $1.22 B $268.90 M 28.29%
Q3: Apr 21 $1.07 B $204.50 M 23.52%
Q2: Jan 21 $1.02 B $200.20 M 24.51%
Q1: Oct 20 $946.00 M $174.10 M 22.55%
FY 2020
$3.41 B $508.80 M 17.55%
Q4: Jul 20 $950.40 M $144.60 M 17.94%
Q3: Apr 20 $869.40 M $142.80 M 19.65%
Q2: Jan 20 $816.70 M $105.50 M 14.83%
Q1: Oct 19 $771.90 M $115.90 M 17.67%
FY 2019
$2.90 B $626.50 M 27.56%
Q4: Jul 19 $805.80 M $147.70 M 22.44%
Q3: Apr 19 $726.60 M $159.50 M 28.13%
Q2: Jan 19 $711.20 M $168.80 M 31.12%
Q1: Oct 18 $656.00 M $150.50 M 29.77%
FY 2018
$2.27 B $511.50 M 29.04%
Q4: Jul 18 $658.10 M $149.00 M 29.27%
Q3: Apr 18 $567.10 M $135.30 M 31.33%
Q2: Jan 18 $542.40 M $119.80 M 28.35%
Q1: Oct 17 $505.50 M $107.40 M 26.98%
FY 2017
$1.76 B $383.10 M 27.79%
Q4: Jul 17 $509.10 M $108.30 M 27.02%
Q3: Apr 17 $431.80 M $86.00 M 24.87%
Q2: Jan 17 $422.60 M $87.90 M 26.26%
Q1: Oct 16 $398.10 M $100.90 M 33.95%
FY 2016
$1.38 B $450.45 M 48.54%
Q4: Jul 16 $400.80 M $116.92 M 41.19%
Q3: Apr 16 $345.80 M $111.63 M 47.67%
Q2: Jan 16 $334.70 M $117.05 M 53.78%
Q1: Oct 15 $297.20 M $104.85 M 54.51%

Frequently Asked Questions

What is the annual revenue of Palo Alto Networks?

In fiscal year 2025, Palo Alto Networks's revenue was $9.22 Billion.

How much did Palo Alto Networks's revenue change in the last year?

Palo Alto Networks's revenue increased by +14.87% (+$1.19 Billion) in 2025 compared to 2024.

What is Palo Alto Networks's most recent quarterly revenue?

In the third quarter (Q3) of 2026, Palo Alto Networks reported a revenue of $3.00 Billion.

What is Palo Alto Networks's revenue per share (TTM)?

Palo Alto Networks's revenue per share over the trailing twelve months is $14.55.

What is Palo Alto Networks's revenue per employee?

In the fiscal year 2025, Palo Alto Networks's revenue per employee was $573.90 K.

What is the annual net income of Palo Alto Networks?

In fiscal year 2025, Palo Alto Networks's net income was $1.13 Billion.

What is Palo Alto Networks's biggest product segment, and what is its revenue?

Subscription is Palo Alto Networks's biggest product segment, generating $4.97 Billion in revenue for fiscal year 2025.

What is Palo Alto Networks's net income per employee?

In the fiscal year 2025, Palo Alto Networks's net income per employee was $70.57 K.

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