KPIs & Operating Metrics(New)
Growth Metrics

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

Palo Alto Networks' Net Margin history spans 15 years, with the latest figure at 16.65% for Q1 2026.

  • Quarterly Net Margin rose 482.0% to 16.65% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 12.96% through Jan 2026, down 168.0% year-over-year, with the annual reading at 12.3% for FY2025, 1981.0% down from the prior year.
  • Net Margin came in at 16.65% for Q1 2026, up from 13.5% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 88.45% in Q1 2024 to a low of 7.1% in Q1 2022.
  • The 5-year median for Net Margin is 11.45% (2025), against an average of 13.01%.
  • Year-over-year, Net Margin surged 8336bps in 2024 and then crashed -7662bps in 2025.
  • Palo Alto Networks' Net Margin stood at 1.28% in 2022, then surged by 708bps to 10.34% in 2023, then surged by 59bps to 16.41% in 2024, then dropped by -18bps to 13.5% in 2025, then increased by 23bps to 16.65% in 2026.
  • Per Business Quant, the three most recent readings for PANW's Net Margin are 16.65% (Q1 2026), 13.5% (Q4 2025), and 10.01% (Q3 2025).