Revenue for Palo Alto Networks (PANW)
According to Palo Alto Networks's latest reported financial statements, the company's current revenue (TTM) is $9.89B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
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TTM (last 4 quarters)
$9.89B
YoY change
+14.9%
5Y CAGR
+22.0%
Peak year (2025)
$9.22B
Cumulative revenue
$47.98B
Revenue history chart for Palo Alto Networks (PANW) from 2009 to 2025
Revenue history table for Palo Alto Networks (PANW) from 2009 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $9.22B | +14.9% | ||
| 2024 | $8.03B | +16.5% | ||
| 2023 | $6.89B | +25.3% | ||
| 2022 | $5.50B | +29.3% | ||
| 2021 | $4.26B | +24.9% | ||
| 2020 | $3.41B | +17.5% | ||
| 2019 | $2.90B | +27.6% | ||
| 2018 | $2.27B | +29.0% | ||
| 2017 | $1.76B | +27.8% | ||
| 2016 | $1.38B | +48.5% | ||
| 2015 | $928.05M | +55.1% | ||
| 2014 | $598.18M | +51.0% | ||
| 2013 | $396.11M | +55.3% | ||
| 2012 | $255.14M | +115.1% | ||
| 2011 | $118.60M | +143.1% | ||
| 2010 | $48.78M | +265.4% | ||
| 2009 | $13.35M | — |
Revenue 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) revenue totalled $9.22B – grew 14.9% year-over-year.
Over 2020–2025 (5 years), Palo Alto Networks revenue expanded at a +22.0% compound annual rate, sustaining 16 straight years of year-over-year growth.
Across the available history, revenue reached its high of $9.22B in 2025 and its low of $13.35M in 2009.
Within Technology, Palo Alto Networks (PANW) ranks 9th among 8 peers we track. The peer median for revenue is $139.91B.
Palo Alto Networks Revenue by Year
Palo Alto Networks Revenue 2025: $9.22B
Palo Alto Networks revenue in 2025 was $9.22B, grew 14.9% from 2024. This figure represents the highest annual value in the available history.
Palo Alto Networks Revenue 2024: $8.03B
Palo Alto Networks revenue in 2024 was $8.03B, grew 16.5% from 2023.
Palo Alto Networks Revenue 2023: $6.89B
Palo Alto Networks revenue in 2023 was $6.89B, grew 25.3% from 2022.
Palo Alto Networks Revenue 2022: $5.50B
Palo Alto Networks revenue in 2022 was $5.50B, grew 29.3% from 2021.
Palo Alto Networks Revenue 2021: $4.26B
Palo Alto Networks revenue in 2021 was $4.26B.
See more financial history for Palo Alto Networks (PANW).
Sector peers — Revenue
Companies in the same sector as Palo Alto Networks, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $3.85T | Technology |
| Apple Inc. (AAPL) | $416.16B | Technology |
| Microsoft Corporation (MSFT) | $281.72B | Technology |
| NVIDIA Corporation (NVDA) | $215.94B | Technology |
| Broadcom Inc. (AVGO) | $63.89B | Technology |
| Micron Technology, Inc. (MU) | $37.38B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $34.64B | Technology |
| ASML Holding N.V. (ASML) | $32.67B | Technology |
Frequently asked questions
What is Palo Alto Networks's revenue?
- Latest reported revenue for Palo Alto Networks (PANW) is $9.89B (period ending January 31, 2026).
How has Palo Alto Networks revenue changed year-over-year?
- Palo Alto Networks (PANW) revenue changed +14.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Palo Alto Networks revenue?
- Palo Alto Networks (PANW) revenue compound annual growth rate is +22.0% over the most recent 5 years available.
When did Palo Alto Networks revenue hit its highest annual value?
- Palo Alto Networks revenue reached its highest annual value of $9.22B in 2025.
What was Palo Alto Networks revenue in 2024?
- Palo Alto Networks (PANW) revenue in 2024 was $8.03B.
What was Palo Alto Networks revenue in 2025?
- Palo Alto Networks (PANW) revenue in 2025 was $9.22B.
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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