Palo Alto Networks, Inc.
Palo Alto Networks, Inc. (PANW) Financial Performance & Income Statement Overview
Explore the financials of Palo Alto Networks, Inc. (PANW), including yearly and quarterly data on income, cash flow, and balance sheets.
Palo Alto Networks, Inc. (PANW) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Palo Alto Networks, Inc. PANW financial performance.
| Metric | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|
| Revenue | $2.26B | $2.14B | $2.19B | $1.98B |
| Cost of Revenue | $599.20M | $554.10M | $573.70M | $513.60M |
| Gross Profit | $1.66B | $1.58B | $1.62B | $1.47B |
| Gross Profit Ratio | $0.73 | $0.74 | $0.74 | $0.74 |
| R&D Expenses | $505.70M | $480.40M | $494.80M | $457.20M |
| SG&A Expenses | $912.10M | $817.80M | $882.60M | $833.60M |
| Operating Expenses | $1.42B | $1.30B | $1.38B | $1.30B |
| Total Costs & Expenses | $2.02B | $1.85B | $1.95B | $1.81B |
| Interest Income | $86.90M | $85.70M | $83.10M | $76.00M |
| Interest Expense | $600000.00 | $700000.00 | $300000.00 | $0.00 |
| Depreciation & Amortization | $87.60M | $83.90M | $76.10M | $74.30M |
| EBITDA | $413.00M | $453.20M | $395.40M | $254.70M |
| EBITDA Ratio | $0.18 | $0.21 | $0.18 | $0.13 |
| Operating Income | $240.40M | $286.50M | $238.40M | $180.40M |
| Operating Income Ratio | $0.11 | $0.13 | $0.11 | $0.09 |
| Other Income/Expenses (Net) | $84.40M | $82.10M | $80.60M | $74.50M |
| Income Before Tax | $324.80M | $368.60M | $319.00M | $251.20M |
| Income Before Tax Ratio | $0.14 | $0.17 | $0.15 | $0.13 |
| Income Tax Expense | $57.50M | $17.90M | -$38.70M | -$27.60M |
| Net Income | $267.30M | $350.70M | $357.70M | $278.80M |
| Net Income Ratio | $0.12 | $0.16 | $0.16 | $0.14 |
| EPS | $0.41 | $0.54 | $0.51 | $0.43 |
| Diluted EPS | $0.38 | $0.49 | $0.51 | $0.40 |
| Weighted Avg Shares Outstanding | $659.30M | $653.60M | $707.80M | $645.80M |
| Weighted Avg Shares Outstanding (Diluted) | $709.00M | $709.00M | $707.80M | $709.20M |
Over the last four quarters, Palo Alto Networks, Inc. achieved steady financial progress, growing revenue from $1.98B in Q3 2024 to $2.26B in Q2 2025. Gross profit stayed firm with margins at 73% in Q2 2025 versus 74% in Q3 2024. Operating income totaled $240.40M in Q2 2025, maintaining a 11% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $413.00M. Net income dropped to $267.30M, with EPS at $0.41. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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