Palo Alto Networks (PANW) Net Income (2011 - 2026)
Palo Alto Networks (PANW) recorded quarterly Net Income of $432.0 million in Q1 2026, up 29.34% quarter-over-quarter from $334.0 million in Q4 2025, and up 61.8% on a YoY basis from $267.0 million in Q1 2025.
Palo Alto Networks (PANW) Net Income (2011 - 2026) Analysis & Trends
Palo Alto Networks' Net Income history runs 16 years deep, the most recent figure standing at $432.0 million for Q1 2026.
- In Q1 2026, Net Income rose 61.8% year-over-year to $432.0 million; the TTM figure through Jan 2026 stood at $1.3 billion (up 2.18% YoY), while the FY2025 annual figure was $1.1 billion, down 56.01% from the prior year.
- Net Income was $432.0 million for Q1 2026 at Palo Alto Networks, up from $334.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $1.7 billion in Q1 2024 to a low of -$93.5 million in Q1 2022.
- Historically, Net Income has averaged $279.6 million across 5 years, with a median of $253.8 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Net Income surged 6800.0% in 2023, then tumbled 84.72% in 2025.
- A 5-year view of Net Income shows it stood at $20.0 million in 2022, then jumped by 871.0% to $194.2 million in 2023, then soared by 80.74% to $351.0 million in 2024, then declined by 4.84% to $334.0 million in 2025, then climbed by 29.34% to $432.0 million in 2026.
- The last three Net Income figures came in at $432.0 million (Q1 2026), $334.0 million (Q4 2025), and $253.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 31.78 Bn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 593,000.00 |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 3.72 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 876.40 Mn |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 432.00 Mn |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 61.44 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 534.60 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 64.72 Mn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | -22.90 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | -740.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 432.00 Mn |
| Oct 31, 2025 | 334.00 Mn |
| Jul 31, 2025 | 253.80 Mn |
| Apr 30, 2025 | 262.10 Mn |
| Jan 31, 2025 | 267.00 Mn |
| Oct 31, 2024 | 351.00 Mn |
| Jul 31, 2024 | 357.70 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 |
| Jul 31, 2021 | -119.30 Mn |
| Apr 30, 2021 | -145.10 Mn |