Palo Alto Networks revenue and financials

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Close · October 6, 2026

In the fiscal year ended July 2026, Palo Alto Networks reported revenue of $11.48B (+24.50% year over year). Net income was $307M, a net margin of 2.7%.

Annual revenue · 2026: $11.48B
  1. $1.76B2017
  2. $2.27B2018
  3. $2.9B2019
  4. $3.41B2020
  5. $4.26B2021
  6. $5.5B2022
  7. $6.89B2023
  8. $8.03B2024
  9. $9.22B2025
  10. $11.48B2026

Fiscal year ending in July. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+24.50%
FY to Jul 2026 vs FY to Jul 2025
Net income growth
−72.93%
FY to Jul 2026 vs FY to Jul 2025
Net margin
2.7%
FY to Jul 2025: 12.3%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
ItemQ to Jul 2026Q to Apr 2026Q to Jan 2026Q to Oct 2025Q to Jul 2025Q to Apr 2025Q to Jan 2025Q to Oct 2024Q to Jul 2024Q to Apr 2024Q to Jan 2024Q to Oct 2023
Total assets48,46046,26624,97923,53623,57622,00320,95220,37519,99117,93118,29214,809
Current assets8,6437,7138,3697,3107,5236,8996,3406,2436,8505,9196,4476,478
Cash and equivalents2,5142,3644,1583,0662,2692,3832,2262,2831,5351,3741,7832,491
Short-term investments5577473781,1446359171,0071,1081,0441,5171,5891,402
Receivables4,2213,4432,7882,0803,6802,6872,2501,9383,3452,2882,3421,859
Net property, plant and equipment1,2231,184853747734724731750747720708627
Goodwill22,01021,9026,9314,5674,5674,0514,0514,0513,3503,3733,3732,927
Other intangible assets7,2837,2831,249723930730771810504408440291
Long-term investments4,8353,8813,3625,9825,5555,1524,5604,1204,1733,5043,6202,989
Current liabilities9,9239,0068,0097,4187,9887,7067,5527,4037,6837,0857,7667,513
Accounts payable290293262223232235149212116109179132
Long-term debt1,7741,192——————————
Total debt2,5672,1304594293388069701,0981,3441,532——
Total liabilities20,96818,59815,58614,87115,75214,77214,57614,46314,82113,46313,93512,638
Total equity (incl. minority)27,49227,6689,3938,6657,8247,2316,3755,9125,1704,4684,3572,171
Retained earnings2,7913,0733,2502,8182,4842,2301,9681,7011,350993714-1,033