Palo Alto Networks (PANW) Gross Profit (2011 - 2026)
Palo Alto Networks' (PANW) quarterly Gross Profit came in at $2.3 billion in Q3 2026, up 24.07% year-over-year from $1.9 billion in Q3 2025, and up 13.61% on a QoQ basis from $2.0 billion in Q2 2026.
Palo Alto Networks (PANW) Gross Profit (2011 - 2026) Analysis & Trends
Palo Alto Networks (PANW) has 16 years of Gross Profit data on file, last reported at $2.3 billion in Q3 2026.
- On a quarterly basis, Gross Profit rose 24.07% year-over-year to $2.3 billion in Q3 2026; TTM through Jul 2026 was $8.1 billion, a 19.31% increase from a year earlier, with the FY2026 full-year figure at $8.1 billion, up 19.31% from the prior year.
- Gross Profit for Q3 2026 stood at $2.3 billion, up from $2.0 billion in the prior quarter.
- Across five years, Gross Profit topped out at $2.3 billion in Q3 2026 and bottomed at $911.6 million in Q1 2022.
- Historically, Gross Profit has averaged $1.5 billion across 5 years, with a median of $1.5 billion in 2024.
- The widest annual swing landed in 2023, when Gross Profit soared 36.69%; it then climbed 11.68% in 2024.
- Year by year, Gross Profit stood at $1.1 billion in 2022, then advanced by 27.58% to $1.4 billion in 2023, then advanced by 12.79% to $1.6 billion in 2024, then advanced by 15.84% to $1.8 billion in 2025, then climbed by 25.49% to $2.3 billion in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $2.3 billion in Q3 2026, $2.0 billion in Q2 2026, and $1.9 billion in Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 320.54 Bn | 317.47 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 268.77 Bn | 263.80 Bn | 1.10 Bn |
| 3 | Fortinet | 131.12 Bn | 127.05 Bn | 1.64 Bn |
| 4 | Snowflake | 118.02 Bn | 115.67 Bn | 1.04 Bn |
| 5 | Datadog | 90.27 Bn | 85.29 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 36.61 Bn | 35.93 Bn | 546.45 Mn |
| 7 | Zscaler | 34.97 Bn | 31.49 Bn | - |
| 8 | MongoDB | 34.51 Bn | 32.10 Bn | 569.77 Mn |
| 9 | Okta | 34.32 Bn | 32.02 Bn | 641.00 Mn |
| 10 | Baidu | 30.55 Bn | 8.15 Bn | 1.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.30 Bn |
| Apr 30, 2026 | 2.03 Bn |
| Jan 31, 2026 | 1.91 Bn |
| Oct 31, 2025 | 1.84 Bn |
| Jul 31, 2025 | 1.86 Bn |
| Apr 30, 2025 | 1.67 Bn |
| Jan 31, 2025 | 1.66 Bn |
| Oct 31, 2024 | 1.59 Bn |
| Jul 31, 2024 | 1.62 Bn |
| Apr 30, 2024 | 1.47 Bn |
| Jan 31, 2024 | 1.48 Bn |
| Oct 31, 2023 | 1.41 Bn |
| Jul 31, 2023 | 1.45 Bn |
| Apr 30, 2023 | 1.25 Bn |
| Jan 31, 2023 | 1.19 Bn |
| Oct 31, 2022 | 1.10 Bn |
| Jul 31, 2022 | 1.06 Bn |
| Apr 30, 2022 | 946.20 Mn |
| Jan 31, 2022 | 911.60 Mn |
| Oct 31, 2021 | 866.80 Mn |
Palo Alto Networks Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=PANW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "PANW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();