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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Palo Alto Networks's Revenue by Segment

In fiscal year 2026, Palo Alto Networks's revenue by segment (products & services) are as follows:

  • Product: $2.28 B
  • Subscription: $6.24 B
  • Support: $2.96 B

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Last Updated: Jul 31, 2026 |

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.

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

In fiscal year 2026, Palo Alto Networks's revenue by segment is as follows:

  • Product generated $2.28 B in revenue, representing 19.86% of its total revenue.
  • Subscription generated $6.24 B in revenue, representing 54.35% of its total revenue.
  • Support generated $2.96 B in revenue, representing 25.79% of its total revenue.

The biggest segment for Palo Alto Networks is the Subscription, which represents 54.35% of its total revenue.
The smallest segment for Palo Alto Networks is the Product, which represents 19.86% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2024 2025 2026
Product 19.97% 19.54% 19.86%
Subscription 52.18% 53.94% 54.35%
Support 27.85% 26.52% 25.79%
Total Revenue 100% 100% 100%
Last Updated: Jul 31, 2026 |
Last Updated: Jul 31, 2026 |

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

In fiscal year 2026, the Subscription generated the most revenue ($6.24 B), and the Product generated the least revenue ($2.28 B).

Last Updated: Jul 31, 2026 |

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

  • Product revenue increased 26.53% ($478.10 M) from $1.80 B (in 2025) to $2.28 B (in 2026).
  • Subscription revenue increased 25.42% ($1.26 B) from $4.97 B (in 2025) to $6.24 B (in 2026).
  • Support revenue increased 21.09% ($515.80 M) from $2.45 B (in 2025) to $2.96 B (in 2026).
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    Summary Table

    Products & Services 2024
    Value Change
    		2025
    Value Change
    		2026
    Value Change
    Product $1.60 B - $1.80 B
    12.39%
    		$2.28 B
    26.53%
    Subscription $4.19 B - $4.97 B
    18.76%
    		$6.24 B
    25.42%
    Support $2.24 B - $2.45 B
    9.37%
    		$2.96 B
    21.09%
    Total Revenue $8.03 B - $9.22 B
    14.87%
    		$11.48 B
    24.49%
    Last Updated: Jul 31, 2026 |
    Last updated Jul 31, 2026
    Latest quarterly period ended Q4 FY2026 (July 31, 2026)
    Latest annual period ended FY 2026 (July 31, 2026)
    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

    Frequently Asked Questions

    What was Palo Alto Networks's largest product segment last year?

    In fiscal year 2026, Subscription revenue reached $6.24 Billion, representing 54.35% of Palo Alto Networks's total revenue and making it the largest segment for the company.

    Which product segment experienced the highest growth for Palo Alto Networks last year?

    The Product segment is Palo Alto Networks's highest growth segment, with a revenue growth of +26.53% in 2026 compared to 2025.

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