Revenue breakdown by Products & Services
Revenue breakdown by Geography

Palo Alto Networks's Revenue by Segment

In fiscal year 2025, Palo Alto Networks's revenue by segment (products & services) are as follows:

  • Product: $1.80 B
  • Subscription: $4.97 B
  • Support: $2.45 B

Learn more about Palo Alto Networks’s Revenue by Geography

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

Explore additional financial metrics for Palo Alto Networks.

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The above chart shows Palo Alto Networks's revenue percentage share by segment (products and services).

In fiscal year 2023, Palo Alto Networks's revenue by segment is as follows:

  • Product generated $1.58 B in revenue, representing 22.9% of its total revenue.
  • Subscription generated $3.34 B in revenue, representing 48.39% of its total revenue.
  • Support generated $1.98 B in revenue, representing 28.71% of its total revenue.

The biggest segment for Palo Alto Networks is the Subscription, which represents 48.39% of its total revenue.
The smallest segment for Palo Alto Networks is the Product, which represents 22.9% of its total revenue.

The above chart shows Palo Alto Networks's revenue percentage share by segment (products and services).

In fiscal year 2024, Palo Alto Networks's revenue by segment is as follows:

  • Product generated $1.60 B in revenue, representing 19.97% of its total revenue.
  • Subscription generated $4.19 B in revenue, representing 52.18% of its total revenue.
  • Support generated $2.24 B in revenue, representing 27.85% of its total revenue.

The biggest segment for Palo Alto Networks is the Subscription, which represents 52.18% of its total revenue.
The smallest segment for Palo Alto Networks is the Product, which represents 19.97% of its total revenue.

The above chart shows Palo Alto Networks's revenue percentage share by segment (products and services).

In fiscal year 2025, Palo Alto Networks's revenue by segment is as follows:

  • Product generated $1.80 B in revenue, representing 19.54% of its total revenue.
  • Subscription generated $4.97 B in revenue, representing 53.94% of its total revenue.
  • Support generated $2.45 B in revenue, representing 26.52% of its total revenue.

The biggest segment for Palo Alto Networks is the Subscription, which represents 53.94% of its total revenue.
The smallest segment for Palo Alto Networks is the Product, which represents 19.54% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2023 2024 2025
Product 22.9% 19.97% 19.54%
Subscription 48.39% 52.18% 53.94%
Support 28.71% 27.85% 26.52%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Palo Alto Networks.

In fiscal year 2025, the Subscription generated the most revenue ($4.97 B), and the Product generated the least revenue ($1.80 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Product revenue increased 12.39% ($198.60 M) from $1.60 B (in 2024) to $1.80 B (in 2025).
  • Subscription revenue increased 18.76% ($785.90 M) from $4.19 B (in 2024) to $4.97 B (in 2025).
  • Support revenue increased 9.37% ($209.50 M) from $2.24 B (in 2024) to $2.45 B (in 2025).
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    Summary Table

    Products & Services 2023 2024 2025
    Product $1.58 B - $1.60 B
    1.58%
    $1.80 B
    12.39%
    Subscription $3.34 B - $4.19 B
    25.58%
    $4.97 B
    18.76%
    Support $1.98 B - $2.24 B
    12.98%
    $2.45 B
    9.37%
    Total Revenue $6.89 B - $8.03 B
    16.46%
    $9.22 B
    14.87%