Palo Alto Networks (PANW) Income from Continuing Operations (2011 - 2026)
Palo Alto Networks (PANW) recorded Income from Continuing Operations of -$282 million in fiscal Q4 2026 (quarter ended Jul 31, 2026), compared with $254 million a year earlier.
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Analysis
Palo Alto Networks (PANW) Income from Continuing Operations (2011 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks reported Income from Continuing Operations of $307 million, down 72.9% from FY2025.
- Across earlier fiscal years, Income from Continuing Operations came in at $1.13 billion in FY2025 (-56.0%), $2.58 billion in FY2024 (+486.3%), $439.7 million in FY2023 and -$267 million in FY2022.
- The fiscal Q4 2026 figure is the lowest quarterly Income from Continuing Operations in data going back to fiscal Q1 2012.
- On a year-over-year basis, Income from Continuing Operations rose in two of the last six quarters, with growth averaging 3.0%.
- Peak year-over-year performance for Income from Continuing Operations in the last five years was growth of 871.0% in fiscal Q1 2024, against a decline of 84.7% in fiscal Q2 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -$177 million (Q3 2026), $432 million (Q2 2026) and $334 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.53 Bn | 240.60 Bn | 2.30 Bn | -282.00 Mn |
| 2 | CrowdStrike Holdings | 230.03 Bn | 210.43 Bn | 1.10 Bn | 5.33 Mn |
| 3 | Fortinet | 123.13 Bn | 109.06 Bn | 1.64 Bn | 605.20 Mn |
| 4 | Snowflake | 107.35 Bn | 94.67 Bn | 1.04 Bn | -191.72 Mn |
| 5 | Datadog | 87.69 Bn | 69.33 Bn | 881.34 Mn | 44.53 Mn |
| 6 | Zscaler | 32.63 Bn | 18.74 Bn | - | - |
| 7 | Okta | 32.61 Bn | 22.70 Bn | 641.00 Mn | 116.00 Mn |
| 8 | Axon Enterprise | 32.22 Bn | 26.75 Bn | 546.45 Mn | 29.43 Mn |
| 9 | MongoDB | 26.93 Bn | 17.40 Bn | 569.77 Mn | 40.94 Mn |
| 10 | F5 | 24.99 Bn | 19.40 Bn | 711.51 Mn | 208.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -282.00 Mn |
| Apr 30, 2026 | -177.00 Mn |
| Jan 31, 2026 | 432.00 Mn |
| Oct 31, 2025 | 334.00 Mn |
| Jul 31, 2025 | 254.00 Mn |
| Apr 30, 2025 | 262.00 Mn |
| Jan 31, 2025 | 267.00 Mn |
| Oct 31, 2024 | 351.00 Mn |
| Jul 31, 2024 | 358.10 Mn |
| Apr 30, 2024 | 278.80 Mn |
| Jan 31, 2024 | 1.75 Bn |
| Oct 31, 2023 | 194.20 Mn |
| Jul 31, 2023 | 227.70 Mn |
| Apr 30, 2023 | 107.80 Mn |
| Jan 31, 2023 | 84.20 Mn |
| Oct 31, 2022 | 20.00 Mn |
| Jul 31, 2022 | 3.30 Mn |
| Apr 30, 2022 | -73.20 Mn |
| Jan 31, 2022 | -93.50 Mn |
| Oct 31, 2021 | -103.60 Mn |
API Access
Palo Alto Networks Income from Continuing Operations 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=income-from-continuing-operations&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-continuing-operations", "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=income-from-continuing-operations&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();