Palo Alto Networks (PANW) Revenue (2011 - 2026)
Palo Alto Networks (PANW) posted Revenue of $3.0 billion for Q2 2026, up 15.73% on a QoQ basis from $2.6 billion in Q1 2026, and up 31.15% year-over-year from $2.3 billion in Q2 2025.
Analysis
Palo Alto Networks (PANW) Revenue (2011 - 2026) Analysis & Trends
Palo Alto Networks has reported Revenue for 16 years, with the latest figure at $3.0 billion in Q2 2026.
- On a quarterly basis, Revenue rose 31.15% year-over-year to $3.0 billion in Q2 2026; TTM through Apr 2026 was $10.6 billion, a 19.52% increase from a year earlier, with the FY2025 full-year figure at $9.2 billion, up 14.87% from the prior year.
- Revenue was $3.0 billion for Q2 2026 at Palo Alto Networks, up from $2.6 billion in the prior quarter.
- The five-year high for Revenue was $3.0 billion in Q2 2026, with the low at $1.3 billion in Q1 2022.
- Average Revenue over 5 years is $2.0 billion, with a median of $2.0 billion recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Revenue gained 12.09% in 2024, then soared 31.15% in 2026.
- Over 5 years, Revenue stood at $1.6 billion in 2022, then climbed by 20.13% to $1.9 billion in 2023, then increased by 13.89% to $2.1 billion in 2024, then climbed by 15.66% to $2.5 billion in 2025, then rose by 21.34% to $3.0 billion in 2026.
- The last three Revenue figures came in at $3.0 billion (Q2 2026), $2.6 billion (Q1 2026), and $2.5 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 268.72 Bn | 265.61 Bn | 2.03 Bn | 3.00 Bn |
| 2 | CrowdStrike Holdings | 213.57 Bn | 208.56 Bn | 1.10 Bn | 1.47 Bn |
| 3 | Fortinet | 114.95 Bn | 110.88 Bn | 1.64 Bn | 2.05 Bn |
| 4 | Axon Enterprise | 40.48 Bn | 39.81 Bn | 546.45 Mn | 904.39 Mn |
| 5 | Zscaler | 26.01 Bn | 22.54 Bn | - | - |
| 6 | F5 | 22.17 Bn | 20.57 Bn | 711.51 Mn | 865.08 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 427.26 Mn |
| 8 | Gen Digital | 17.74 Bn | 17.17 Bn | 1.03 Bn | 1.34 Bn |
| 9 | Check Point Software Technologies | 14.20 Bn | 11.92 Bn | 574.10 Mn | 673.60 Mn |
| 10 | SentinelOne | 6.65 Bn | 5.99 Bn | 210.42 Mn | 291.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 3.00 Bn |
| Jan 31, 2026 | 2.59 Bn |
| Oct 31, 2025 | 2.47 Bn |
| Jul 31, 2025 | 2.54 Bn |
| Apr 30, 2025 | 2.29 Bn |
| Jan 31, 2025 | 2.26 Bn |
| Oct 31, 2024 | 2.14 Bn |
| Jul 31, 2024 | 2.19 Bn |
| Apr 30, 2024 | 1.98 Bn |
| Jan 31, 2024 | 1.98 Bn |
| Oct 31, 2023 | 1.88 Bn |
| Jul 31, 2023 | 1.95 Bn |
| Apr 30, 2023 | 1.72 Bn |
| Jan 31, 2023 | 1.66 Bn |
| Oct 31, 2022 | 1.56 Bn |
| Jul 31, 2022 | 1.55 Bn |
| Apr 30, 2022 | 1.39 Bn |
| Jan 31, 2022 | 1.32 Bn |
| Oct 31, 2021 | 1.25 Bn |
| Jul 31, 2021 | 1.22 Bn |