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Palo Alto Networks, Inc. (PANW)
NASDAQ: PANW · Real-Time Price · USD
279.90
-4.64 (-1.63%)
At close: Jun 16, 2026, 4:00 PM EDT
279.97
+0.07 (0.03%)
After-hours: Jun 16, 2026, 7:59 PM EDT

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 EndingMar 31, 2026Dec 31, 2025Sep 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
8.49B7.92B7.67B7.42B7.17B6.92B6.67B6.42B
Subscription Growth
18.48%14.37%15.02%15.49%16.31%17.35%18.77%20.89%
Product
2.12B1.97B1.88B1.80B1.71B1.65B1.62B1.60B
Product Growth
23.85%19.91%16.47%12.39%4.80%1.20%1.67%1.58%

Gross Profit by Segment

Period EndingMar 31, 2026Dec 31, 2025Sep 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
6.08B5.80B5.63B5.44B5.20B5.04B4.88B4.71B
Subscription Growth
16.95%15.04%15.39%15.49%15.17%16.99%19.75%23.29%
Product
1.61B1.54B1.46B1.39B1.33B1.29B1.27B1.26B
Product Growth
21.49%19.33%14.79%10.90%3.46%1.89%4.64%8.19%

Operating Expense Breakdown

Period EndingMar 31, 2026Dec 31, 2025Sep 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
3.63B3.26B3.20B3.10B3.01B2.94B2.85B2.79B
Sales and Marketing Growth
20.58%11.07%12.12%10.94%10.93%11.47%10.22%9.85%
Research and Development
2.28B2.04B2.03B1.98B1.98B1.94B1.88B1.81B
Research and Development Growth
15.24%5.10%8.05%9.66%14.25%14.99%14.53%12.81%
General and Administrative
700.30M548.20M524.00M442.70M555.70M510.40M658.10M680.50M
General and Administrative Growth
26.02%7.41%-20.38%-34.94%-15.13%-21.53%40.53%52.00%