KPIs & Operating Metrics(New)
Growth Metrics

Palo Alto Networks (PANW) Net Margin (2016 - 2026)

Palo Alto Networks has reported Net Margin over the past 15 years, most recently at 16.65% for Q1 2026.

  • Quarterly results put Net Margin at 16.65% for Q1 2026, up 482.0% from a year ago — trailing twelve months through Jan 2026 was 12.96% (down 181.0% YoY), and the annual figure for FY2025 was 12.3%, down 1995.0%.
  • Net Margin for Q1 2026 was 16.65% at Palo Alto Networks, up from 13.5% in the prior quarter.
  • Over the last five years, Net Margin for PANW hit a ceiling of 88.45% in Q1 2024 and a floor of 7.1% in Q1 2022.
  • Median Net Margin over the past 5 years was 11.45% (2025), compared with a mean of 13.04%.
  • Biggest five-year swings in Net Margin: surged 8336bps in 2024 and later crashed -7662bps in 2025.
  • Palo Alto Networks' Net Margin stood at 1.28% in 2022, then skyrocketed by 708bps to 10.34% in 2023, then skyrocketed by 59bps to 16.41% in 2024, then fell by -18bps to 13.5% in 2025, then grew by 23bps to 16.65% in 2026.
  • The last three reported values for Net Margin were 16.65% (Q1 2026), 13.5% (Q4 2025), and 10.01% (Q3 2025) per Business Quant data.