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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Palo Alto Networks's Revenue by Segment

In fiscal year 2024, Palo Alto Networks's revenue by segment (products & services) are as follows:

  • Product: $1.60 B
  • Subscription: $4.19 B
  • Support: $2.24 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 2022, Palo Alto Networks's revenue by segment is as follows:

  • Product generated $1.36 B in revenue, representing 24.78% of its total revenue.
  • Subscription generated $2.54 B in revenue, representing 46.15% of its total revenue.
  • Support generated $1.60 B in revenue, representing 29.07% of its total revenue.

The biggest segment for Palo Alto Networks is the Subscription, which represents 46.15% of its total revenue.
The smallest segment for Palo Alto Networks is the Product, which represents 24.78% of its total revenue.

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.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Product 24.78% 22.9% 19.97%
Subscription 46.15% 48.39% 52.18%
Support 29.07% 28.71% 27.85%
Total Revenue 100% 100% 100%

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

In fiscal year 2024, the Subscription generated the most revenue ($4.19 B), and the Product generated the least revenue ($1.60 B).

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

  • Product revenue increased 1.58% ($24.90 M) from $1.58 B (in 2023) to $1.60 B (in 2024).
  • Subscription revenue increased 25.58% ($853.10 M) from $3.34 B (in 2023) to $4.19 B (in 2024).
  • Support revenue increased 12.98% ($256.80 M) from $1.98 B (in 2023) to $2.24 B (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Product $1.36 B - $1.58 B
    15.79%
    $1.60 B
    1.58%
    Subscription $2.54 B - $3.34 B
    31.37%
    $4.19 B
    25.58%
    Support $1.60 B - $1.98 B
    23.73%
    $2.24 B
    12.98%
    Total Revenue $5.50 B - $6.89 B
    25.29%
    $8.03 B
    16.46%