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Palo Alto Networks, Inc. (PANW)
NASDAQ: PANW · Real-Time Price · USD
192.96
-2.04 (-1.05%)
At close: Dec 10, 2025, 4:00 PM EST
192.00
-0.96 (-0.50%)
After-hours: Dec 10, 2025, 7:59 PM EST

Palo Alto Networks Operating Metrics

Period EndingJun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018
Billings
10.21B9.90B9.83B9.48B9.16B8.66B8.20B7.80B
Billings Growth
11.48%14.42%19.89%21.55%22.08%29.20%32.26%34.48%

Revenue by Segment

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018
Subscription
7.67B7.42B7.17B6.92B6.67B6.42B6.16B5.90B
Subscription Growth
15.02%15.49%16.31%17.35%18.77%20.89%22.96%25.18%
Product
1.88B1.80B1.71B1.65B1.62B1.60B1.63B1.63B
Product Growth
16.47%12.39%4.80%1.20%1.67%1.58%10.22%12.81%

Gross Profit by Segment

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018
Subscription
5.63B5.44B5.20B5.04B4.88B4.71B4.52B4.31B
Subscription Growth
15.39%15.49%15.17%16.99%19.75%23.29%26.43%28.97%
Product
1.46B1.39B1.33B1.29B1.27B1.26B1.28B1.26B
Product Growth
14.79%10.90%3.46%1.89%4.64%8.19%25.44%32.62%

Operating Expense Breakdown

Period EndingSep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018
Sales and Marketing
3.20B3.10B3.01B2.94B2.85B2.79B2.72B2.64B
Sales and Marketing Growth
12.12%10.94%10.93%11.47%10.22%9.85%10.84%11.99%
Research and Development
2.03B1.98B1.98B1.94B1.88B1.81B1.73B1.69B
Research and Development Growth
8.05%9.66%14.25%14.99%14.53%12.81%11.30%12.73%
General and Administrative
524.00M442.70M555.70M510.40M658.10M680.50M654.80M650.40M
General and Administrative Growth
-20.38%-34.94%-15.13%-21.53%40.53%52.00%48.31%54.09%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.