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Palo Alto Networks income statement

In fiscal 2026, Palo Alto Networks reported revenue of $11.48bn, up 24.5% on the year before, operating income of $695m (a 6.1% margin) and net income of $307m, or $0.40 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2011Jul 20112012Jul 20122013Jul 20132014Jul 20142015Jul 20152016Jul 20162017Jul 20172018Jul 20182019Jul 20192020Jul 20202021Jul 20212022Jul 20222023Jul 20232024Jul 20242025Jul 20252026Jul 2026
Revenue0.10.30.40.60.91.41.82.32.93.44.35.56.98.09.211.5
Cost of revenue0.00.10.10.20.30.40.50.60.81.01.31.71.92.12.53.4
Gross profit0.10.20.30.40.71.01.31.62.12.43.03.85.06.06.88.1
Research and development0.00.00.10.10.20.30.30.40.50.81.11.41.61.82.02.6
Selling and marketing0.10.10.20.30.50.70.91.11.31.51.82.12.52.83.13.9
General and administrative0.00.00.00.10.10.10.20.30.30.30.40.40.40.70.40.9
Operating income−0.00.0−0.0−0.2−0.1−0.2−0.2−0.1−0.1−0.2−0.3−0.20.40.71.20.7
Interest expense—0.00.00.00.00.00.00.00.10.10.20.00.00.00.00.0
Income before tax−0.00.0−0.0−0.2−0.1−0.2−0.2−0.1−0.1−0.2−0.5−0.20.61.01.60.5
Income tax0.00.00.00.00.00.00.00.00.00.00.00.10.1−1.60.50.2
Net income−0.00.0−0.0−0.2−0.1−0.2−0.2−0.1−0.1−0.3−0.5−0.30.42.61.10.3
Diluted EPS−$0.15$0.00−$0.07−$0.51−$0.27−$0.37−$0.37−$0.22−$0.14−$0.46−$0.86−$0.45$0.64$3.64$1.60$0.40
Diluted shares (average)85m117m412m446m490m523m544m550m567m581m578m591m685m708m709m764m
EBITDA−0.00.0−0.0−0.2−0.1−0.1−0.1−0.00.10.0−0.00.10.71.01.61.6

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Palo Alto Networks's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Palo Alto Networks.