Palo Alto Networks (PANW)
Integrated cybersecurity platforms spanning networks, cloud, security operations, AI, observability, and identity.
$371.40
vs last close−0.36 (−0.10%)
In millions of USD, except per-share figures
| In millions | Q1 FY24Oct 2023 | Q2 FY24Jan 2024 | Q3 FY24Apr 2024 | Q4 FY24Jul 2024 | Q1 FY25Oct 2024 | Q2 FY25Jan 2025 | Q3 FY25Apr 2025 | Q4 FY25Jul 2025 | Q1 FY26Oct 2025 | Q2 FY26Jan 2026 | Q3 FY26Apr 2026 | Q4 FY26Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,878 | 1,975 | 1,985 | 2,190 | 2,139 | 2,257 | 2,289 | 2,536 | 2,474 | 2,594 | 3,002 | 3,410 |
| Cost of revenue | 473 | 499 | 514 | 574 | 554 | 599 | 619 | 679 | 638 | 685 | 974 | 1,106 |
| Gross profit | 1,405 | 1,476 | 1,471 | 1,616 | 1,585 | 1,658 | 1,670 | 1,857 | 1,836 | 1,909 | 2,028 | 2,304 |
| 1,190 | 1,422 | 1,295 | 1,377 | 1,299 | 1,418 | 1,451 | 1,360 | 1,527 | 1,512 | 2,211 | 2,132 | |
| Research & development | 410 | 448 | 457 | 495 | 481 | 506 | 495 | 504 | 528 | 511 | 734 | 779 |
| 781 | 975 | 837 | 883 | 818 | 912 | 956 | 857 | 999 | 1,001 | 1,477 | 1,353 | |
| Selling & marketing | 661 | 673 | 719 | 742 | 720 | 758 | 793 | 829 | 820 | 823 | 1,161 | 1,127 |
| General & administrative | 120 | 302 | 119 | 140 | 98 | 154 | 164 | 27 | 179 | 178 | 316 | 226 |
| Operating income | 215 | 54 | 177 | 238 | 286 | 240 | 219 | 497 | 309 | 400 | −183 | 169 |
| 67 | 82 | 75 | 81 | 82 | 84 | 92 | 95 | 103 | 149 | 27 | −438 | |
| Interest income | 71 | 85 | 78 | 83 | 86 | 87 | 93 | 98 | 105 | 109 | 71 | −285 |
| Interest expense | 3 | 3 | 2 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | −69 | −84 | −76 | −77 | −83 | −85 | −92 | −95 | −103 | −149 | −27 | 438 |
| Income before tax | 283 | 136 | 251 | 319 | 368 | 325 | 311 | 592 | 412 | 549 | −156 | −269 |
| Income tax expense | 88 | −1,611 | −28 | −39 | 17 | 58 | 48 | 338 | 78 | 117 | 21 | 13 |
| Net income from continuing operations | 194 | 1,747 | 279 | 358 | 351 | 267 | 262 | 254 | 334 | 432 | −177 | −282 |
| Net income | 194 | 1,747 | 279 | 358 | 351 | 267 | 262 | 254 | 334 | 432 | −177 | −282 |
| EPS, basic | $0.31 | $2.74 | $0.43 | $0.51 | $0.54 | $0.41 | $0.39 | $0.38 | $0.49 | $0.61 | −$0.29 | −$0.35 |
| EPS, diluted | $0.28 | $2.44 | $0.39 | $0.51 | $0.49 | $0.38 | $0.37 | $0.36 | $0.47 | $0.60 | −$0.28 | −$0.35 |
| Weighted average shares, basic | 620 | 639 | 646 | 708 | 654 | 659 | 665 | 669 | 679 | 695 | 729 | 749 |
| Weighted average shares, diluted | 700 | 715 | 709 | 708 | 709 | 709 | 707 | 709 | 709 | 713 | 744 | 764 |
| EBITDA | 349 | 206 | 327 | 392 | 453 | 413 | 399 | 676 | 501 | 775 | 327 | −1,067 |
| Depreciation & amortization | 64 | 69 | 74 | 76 | 84 | 88 | 88 | 84 | 89 | 226 | 483 | −798 |
| EBIT | 285 | 137 | 253 | 316 | 369 | 325 | 311 | 592 | 412 | 549 | −156 | −269 |