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Palo Alto Networks (PANW) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Palo Alto Networks (PANW) over the last 15 years, with Q4 2025 value amounting to $820.0 million.

  • Palo Alto Networks' Cost of Revenue rose 1388.89% to $820.0 million in Q4 2025 from the same period last year, while for Oct 2025 it was $3.2 billion, marking a year-over-year increase of 1212.68%. This contributed to the annual value of $3.1 billion for FY2025, which is 1093.93% up from last year.
  • Latest data reveals that Palo Alto Networks reported Cost of Revenue of $820.0 million as of Q4 2025, which was up 1388.89% from $829.3 million recorded in Q3 2025.
  • In the past 5 years, Palo Alto Networks' Cost of Revenue ranged from a high of $829.3 million in Q3 2025 and a low of $427.4 million during Q1 2021
  • In the last 5 years, Palo Alto Networks' Cost of Revenue had a median value of $650.0 million in 2023 and averaged $638.6 million.
  • Its Cost of Revenue has fluctuated over the past 5 years, first soared by 3018.53% in 2021, then skyrocketed by 739.84% in 2023.
  • Palo Alto Networks' Cost of Revenue (Quarter) stood at $505.9 million in 2021, then grew by 21.57% to $615.0 million in 2022, then rose by 7.4% to $660.5 million in 2023, then increased by 9.01% to $720.0 million in 2024, then increased by 13.89% to $820.0 million in 2025.
  • Its Cost of Revenue stands at $820.0 million for Q4 2025, versus $829.3 million for Q3 2025 and $792.5 million for Q2 2025.