Net Income for Palo Alto Networks (PANW)
According to Palo Alto Networks's latest reported financial statements, the company's current net income (TTM) is $1.28B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.28B
YoY change
-56.0%
5Y CAGR
N/A
Peak year (2024)
$2.58B
Cumulative net income
$1.97B
Net Income history chart for Palo Alto Networks (PANW) from 2009 to 2025
Net Income history table for Palo Alto Networks (PANW) from 2009 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.13B | -56.0% | ||
| 2024 | $2.58B | +486.2% | ||
| 2023 | $439.70M | -264.7% | ||
| 2022 | -$267.00M | -46.5% | ||
| 2021 | -$498.90M | +86.9% | ||
| 2020 | -$267.00M | +226.0% | ||
| 2019 | -$81.90M | -44.6% | ||
| 2018 | -$147.90M | -31.7% | ||
| 2017 | -$216.60M | -4.1% | ||
| 2016 | -$225.90M | +36.9% | ||
| 2015 | -$164.98M | -27.1% | ||
| 2014 | -$226.45M | +674.3% | ||
| 2013 | -$29.25M | -4068.2% | ||
| 2012 | $737,000 | -105.9% | ||
| 2011 | -$12.53M | -40.7% | ||
| 2010 | -$21.13M | +11.2% | ||
| 2009 | -$19.00M | — |
Net Income 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
The 2025 reading of Palo Alto Networks (PANW) net income is $1.13B – plunged 56.0% year-over-year.
Palo Alto Networks net income plunged from $2.58B in 2024 to $1.13B in 2025, a 56.0% drawdown.
Across the available history, net income reached its high of $2.58B in 2024 and its low of -$498.90M in 2021.
Among 8 Technology peers, Palo Alto Networks (PANW) ranks 9th; the peer median for net income is $62.48B.
Palo Alto Networks Net Income by Year
Palo Alto Networks Net Income 2025: $1.13B
Palo Alto Networks net income in 2025 was $1.13B, plunged 56.0% below 2024.
Palo Alto Networks Net Income 2024: $2.58B
Palo Alto Networks net income in 2024 was $2.58B, surged 486.2% from 2023. This figure represents the highest annual value in the available history.
Palo Alto Networks Net Income 2023: $439.70M
Palo Alto Networks net income in 2023 was $439.70M, plunged 264.7% below 2022.
Palo Alto Networks Net Income 2022: -$267.00M
Palo Alto Networks net income in 2022 was -$267.00M, plunged 46.5% below 2021.
Palo Alto Networks Net Income 2021: -$498.90M
Palo Alto Networks net income in 2021 was -$498.90M.
See more financial history for Palo Alto Networks (PANW).
Sector peers — Net Income
Companies in the same sector as Palo Alto Networks, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.74T | Technology |
| NVIDIA Corporation (NVDA) | $120.07B | Technology |
| Apple Inc. (AAPL) | $112.01B | Technology |
| Microsoft Corporation (MSFT) | $101.83B | Technology |
| Broadcom Inc. (AVGO) | $23.13B | Technology |
| ASML Holding N.V. (ASML) | $9.61B | Technology |
| Micron Technology, Inc. (MU) | $8.54B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $4.33B | Technology |
Frequently asked questions
What is Palo Alto Networks's net income?
- Latest reported net income for Palo Alto Networks (PANW) is $1.28B (period ending January 31, 2026).
How has Palo Alto Networks net income changed year-over-year?
- Palo Alto Networks (PANW) net income changed -56.0% year-over-year on the latest annual filing.
When did Palo Alto Networks net income hit its highest annual value?
- Palo Alto Networks net income reached its highest annual value of $2.58B in 2024.
What was Palo Alto Networks net income in 2024?
- Palo Alto Networks (PANW) net income in 2024 was $2.58B.
What was Palo Alto Networks net income in 2025?
- Palo Alto Networks (PANW) net income in 2025 was $1.13B.
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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