PANW logo Palo Alto Networks +
Palo Alto Networks
+

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. ... See more

  • 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.
    • Continue reading...
... See more

Palo Alto Networks's Revenue Trend

Last Updated: Apr 30, 2026 |

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. ... See more

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.

... See more ... See more

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
Last Updated: Apr 30, 2026 |

2025

Palo Alto Networksโ€™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). ... See more

2024

Palo Alto Networksโ€™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 Networksโ€™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 Networksโ€™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 Networksโ€™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 Networksโ€™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 Networksโ€™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 Networksโ€™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 Networksโ€™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 Networksโ€™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).

... See more ... See more

Palo Alto Networks Revenue History

Sign in to download table

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%
Last Updated: Apr 30, 2026 |
Last updated Apr 30, 2026
Latest quarterly period ended Q3 FY2026 (April 30, 2026)
Latest annual period ended FY 2025 (July 31, 2025)
Data provided by Financial Modeling Prep
Original source Company Forms 10-Q and 10-K filed with the SEC
Methodology Company-reported financial data
Limitations Historical values may change because of company restatements or reclassifications
Links View source filings

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.

Related

People Also Search For

Submit feedback to Bullfincher