Gross Profit for Palo Alto Networks (PANW)
According to Palo Alto Networks's latest reported financial statements, the company's current gross profit (TTM) is $7.27B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$7.27B
YoY change
+13.4%
5Y CAGR
+23.0%
Peak year (2025)
$6.77B
Cumulative gross profit
$34.62B
Gross Profit history chart for Palo Alto Networks (PANW) from 2009 to 2025
Gross Profit history table for Palo Alto Networks (PANW) from 2009 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $6.77B | +13.4% | ||
| 2024 | $5.97B | +19.8% | ||
| 2023 | $4.98B | +31.7% | ||
| 2022 | $3.78B | +26.9% | ||
| 2021 | $2.98B | +23.8% | ||
| 2020 | $2.41B | +15.2% | ||
| 2019 | $2.09B | +28.5% | ||
| 2018 | $1.63B | +26.7% | ||
| 2017 | $1.28B | +27.4% | ||
| 2016 | $1.01B | +49.1% | ||
| 2015 | $676.55M | +54.3% | ||
| 2014 | $438.55M | +53.2% | ||
| 2013 | $286.35M | +55.1% | ||
| 2012 | $184.59M | +113.8% | ||
| 2011 | $86.32M | +160.4% | ||
| 2010 | $33.15M | +368.5% | ||
| 2009 | $7.08M | — |
Gross Profit values are taken from Palo Alto Networks's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Palo Alto Networks (PANW) gross profit totalled $6.77B – grew 13.4% year-over-year.
Palo Alto Networks gross profit has grown for 16 consecutive years, with a +23.0% compound annual growth rate over 2020–2025 (5 years).
$6.77B stands as the all-time-high annual gross profit, posted in 2025, against a low of $7.08M during 2009.
Within Technology, Palo Alto Networks (PANW) ranks 9th among 8 peers we track. The peer median for gross profit is $98.38B.
Palo Alto Networks Gross Profit by Year
Palo Alto Networks Gross Profit 2025: $6.77B
Palo Alto Networks gross profit in 2025 was $6.77B, grew 13.4% from 2024. This figure represents the highest annual value in the available history.
Palo Alto Networks Gross Profit 2024: $5.97B
Palo Alto Networks gross profit in 2024 was $5.97B, grew 19.8% from 2023.
Palo Alto Networks Gross Profit 2023: $4.98B
Palo Alto Networks gross profit in 2023 was $4.98B, surged 31.7% from 2022.
Palo Alto Networks Gross Profit 2022: $3.78B
Palo Alto Networks gross profit in 2022 was $3.78B, grew 26.9% from 2021.
Palo Alto Networks Gross Profit 2021: $2.98B
Palo Alto Networks gross profit in 2021 was $2.98B.
See more financial history for Palo Alto Networks (PANW).
Sector peers — Gross Profit
Companies in the same sector as Palo Alto Networks, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.30T | Technology |
| Apple Inc. (AAPL) | $195.20B | Technology |
| Microsoft Corporation (MSFT) | $193.89B | Technology |
| NVIDIA Corporation (NVDA) | $153.46B | Technology |
| Broadcom Inc. (AVGO) | $43.29B | Technology |
| ASML Holding N.V. (ASML) | $17.26B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $17.15B | Technology |
| Micron Technology, Inc. (MU) | $14.87B | Technology |
Frequently asked questions
What is Palo Alto Networks's gross profit?
- Latest reported gross profit for Palo Alto Networks (PANW) is $7.27B (period ending January 31, 2026).
How has Palo Alto Networks gross profit changed year-over-year?
- Palo Alto Networks (PANW) gross profit changed +13.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Palo Alto Networks gross profit?
- Palo Alto Networks (PANW) gross profit compound annual growth rate is +23.0% over the most recent 5 years available.
When did Palo Alto Networks gross profit hit its highest annual value?
- Palo Alto Networks gross profit reached its highest annual value of $6.77B in 2025.
What was Palo Alto Networks gross profit in 2024?
- Palo Alto Networks (PANW) gross profit in 2024 was $5.97B.
What was Palo Alto Networks gross profit in 2025?
- Palo Alto Networks (PANW) gross profit in 2025 was $6.77B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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