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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Ratios

Palo Alto Networks (PANW) Cost of Revenue (2016 - 2026)

Palo Alto Networks has reported Cost of Revenue over the past 16 years, most recently at $685.0 million for Q1 2026.

  • Quarterly results put Cost of Revenue at $685.0 million for Q1 2026, down 9.63% from a year ago — trailing twelve months through Jan 2026 was $3.4 billion (up 34.22% YoY), and the annual figure for FY2025 was $3.1 billion, up 50.55%.
  • Cost of Revenue for Q1 2026 was $685.0 million at Palo Alto Networks, up from $638.0 million in the prior quarter.
  • Over the last five years, Cost of Revenue for PANW hit a ceiling of $1.3 billion in Q3 2025 and a floor of $140.4 million in Q3 2022.
  • Median Cost of Revenue over the past 5 years was $638.0 million (2025), compared with a mean of $625.2 million.
  • Biggest five-year swings in Cost of Revenue: plummeted 83.24% in 2022 and later soared 372.93% in 2023.
  • Palo Alto Networks' Cost of Revenue stood at $615.0 million in 2022, then decreased by 23.12% to $472.8 million in 2023, then skyrocketed by 52.28% to $720.0 million in 2024, then fell by 11.39% to $638.0 million in 2025, then grew by 7.37% to $685.0 million in 2026.
  • The last three reported values for Cost of Revenue were $685.0 million (Q1 2026), $638.0 million (Q4 2025), and $1.3 billion (Q3 2025) per Business Quant data.