KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
Others
Ratios

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

Palo Alto Networks (PANW) has 16 years of Cost of Revenue data on record, last reported at $823.0 million in Q1 2026.

  • For Q1 2026, Cost of Revenue rose 37.4% year-over-year to $823.0 million; the TTM value through Jan 2026 reached $3.6 billion, up 46.81%, while the annual FY2025 figure was $3.1 billion, 50.55% up from the prior year.
  • Cost of Revenue reached $823.0 million in Q1 2026 per PANW's latest filing, roughly flat from $820.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.2 billion in Q3 2025 and bottomed at $29.7 million in Q3 2023.
  • Average Cost of Revenue over 5 years is $606.9 million, with a median of $599.0 million recorded in 2025.
  • Peak YoY movement for Cost of Revenue: plummeted 88.75% in 2023, then soared 1831.65% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $461.9 million in 2022, then surged by 43.0% to $660.5 million in 2023, then dropped by 16.12% to $554.0 million in 2024, then skyrocketed by 48.01% to $820.0 million in 2025, then rose by 0.37% to $823.0 million in 2026.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $823.0 million in Q1 2026, $820.0 million in Q4 2025, and $1.2 billion in Q3 2025.