Palo Alto Networks (PANW) Operating Income (2011 - 2026)
Palo Alto Networks (PANW) posted Operating Income of $397.0 million for Q1 2026, up 28.48% on a QoQ basis from $309.0 million in Q4 2025, and up 64.73% year-on-year from $241.0 million in Q1 2025.
Palo Alto Networks (PANW) Operating Income (2011 - 2026) Analysis & Trends
Palo Alto Networks has disclosed Operating Income across 16 years of filings, most recently posting $397.0 million for Q1 2026.
- Operating Income for Q1 2026 came in at $397.0 million, up 64.73% year-over-year; the trailing twelve-month figure through Jan 2026 was $1.4 billion (up 50.94% YoY), and the FY2025 annual result was $1.2 billion, up 81.74% from the prior year.
- Operating Income came in at $397.0 million for Q1 2026 at Palo Alto Networks, up from $309.0 million in the prior quarter.
- Over the last five years, Operating Income for PANW reached as high as $497.2 million in Q3 2025 and fell as low as -$73.9 million in Q1 2022.
- Median Operating Income over the past 5 years was $215.2 million (2023), compared with a mean of $171.4 million.
- Year-over-year, Operating Income jumped 1546.1% in 2023 and declined 5.96% in 2024.
- Over 5 years, Operating Income stood at $15.2 million in 2022, then jumped by 1315.79% to $215.2 million in 2023, then surged by 32.9% to $286.0 million in 2024, then climbed by 8.04% to $309.0 million in 2025, then increased by 28.48% to $397.0 million in 2026.
- Per Business Quant, the three latest PANW Operating Income figures stand at $397.0 million (Q1 2026), $309.0 million (Q4 2025), and $497.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | ZenaTech | 82,806.72 Bn | 82,806.72 Bn | - | -9.77 Mn |
| 2 | Microsoft | 11,085.79 Bn | 11,007.52 Bn | 56.06 Bn | 38.40 Bn |
| 3 | Palantir Technologies | 1,073.49 Bn | 1,065.58 Bn | 1.42 Bn | 754.00 Mn |
| 4 | Rezolve Ai | 1,009.18 Bn | 1,009.17 Bn | - | - |
| 5 | Palo Alto Networks | 824.56 Bn | 820.03 Bn | 1.91 Bn | 397.00 Mn |
| 6 | CrowdStrike Holdings | 701.26 Bn | 698.20 Bn | 993.68 Mn | 13.79 Mn |
| 7 | Oracle | 514.97 Bn | 476.40 Bn | 17.12 Bn | 6.13 Bn |
| 8 | Fortinet | 456.74 Bn | 453.45 Bn | 1.49 Bn | 580.00 Mn |
| 9 | Cloudflare | 331.63 Bn | 330.68 Bn | 455.60 Mn | -61.99 Mn |
| 10 | Synopsys | 303.79 Bn | 303.67 Bn | 1.77 Bn | 203.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 397.00 Mn |
| Oct 31, 2025 | 309.00 Mn |
| Jul 31, 2025 | 497.20 Mn |
| Apr 30, 2025 | 218.80 Mn |
| Jan 31, 2025 | 241.00 Mn |
| Oct 31, 2024 | 286.00 Mn |
| Jul 31, 2024 | 238.40 Mn |
| Apr 30, 2024 | 176.70 Mn |
| Jan 31, 2024 | 53.60 Mn |
| Oct 31, 2023 | 215.20 Mn |
| Jul 31, 2023 | 253.50 Mn |
| Apr 30, 2023 | 78.70 Mn |
| Jan 31, 2023 | 39.90 Mn |
| Oct 31, 2022 | 15.20 Mn |
| Jul 31, 2022 | 15.40 Mn |
| Apr 30, 2022 | -47.60 Mn |
| Jan 31, 2022 | -73.90 Mn |
| Oct 31, 2021 | -82.70 Mn |
| Jul 31, 2021 | -60.40 Mn |
| Apr 30, 2021 | -110.40 Mn |