Palo Alto Networks (PANW) Revenue & Revenue Breakdown
Palo Alto Networks Revenue Highlights
Latest Revenue (Y)
$8.03B
Latest Revenue (Q)
$1.98B
Main Segment (Y)
Service
Main Geography (Y)
Americas
Palo Alto Networks Revenue by Period
Palo Alto Networks Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-07-31 | $8.03B | 16.46% |
| 2023-07-31 | $6.89B | 25.29% |
| 2022-07-31 | $5.50B | 29.26% |
| 2021-07-31 | $4.26B | 24.87% |
| 2020-07-31 | $3.41B | 17.55% |
| 2019-07-31 | $2.90B | 27.56% |
| 2018-07-31 | $2.27B | 29.04% |
| 2017-07-31 | $1.76B | 27.79% |
| 2016-07-31 | $1.38B | 48.54% |
| 2015-07-31 | $928.05M | 55.15% |
| 2014-07-31 | $598.18M | 51.01% |
| 2013-07-31 | $396.11M | 55.25% |
| 2012-07-31 | $255.14M | 115.13% |
| 2011-07-31 | $118.60M | 143.12% |
| 2010-07-31 | $48.78M | 265.35% |
| 2009-07-31 | $13.35M | - |
Palo Alto Networks generated $8.03B in revenue during NA 2024, up 16.46% compared to the previous quarter, and up 276.85% compared to the same period a year ago.
Palo Alto Networks Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-04-30 | $1.98B | 0.49% |
| 2024-01-31 | $1.98B | 5.16% |
| 2023-10-31 | $1.88B | -3.85% |
| 2023-07-31 | $1.95B | 13.50% |
| 2023-04-30 | $1.72B | 3.98% |
| 2023-01-31 | $1.66B | 5.87% |
| 2022-10-31 | $1.56B | 0.83% |
| 2022-07-31 | $1.55B | 11.81% |
| 2022-04-30 | $1.39B | 5.30% |
| 2022-01-31 | $1.32B | 5.57% |
| 2021-10-31 | $1.25B | 2.30% |
| 2021-07-31 | $1.22B | 13.54% |
| 2021-04-30 | $1.07B | 5.61% |
| 2021-01-31 | $1.02B | 7.49% |
| 2020-10-31 | $946.00M | -0.46% |
| 2020-07-31 | $950.40M | 9.32% |
| 2020-04-30 | $869.40M | 6.45% |
| 2020-01-31 | $816.70M | 5.80% |
| 2019-10-31 | $771.90M | -4.21% |
| 2019-07-31 | $805.80M | 10.90% |
| 2019-04-30 | $726.60M | 2.17% |
| 2019-01-31 | $711.20M | 8.41% |
| 2018-10-31 | $656.00M | -0.32% |
| 2018-07-31 | $658.10M | 16.05% |
| 2018-04-30 | $567.10M | 4.55% |
| 2018-01-31 | $542.40M | 7.30% |
| 2017-10-31 | $505.50M | -0.71% |
| 2017-07-31 | $509.10M | 17.90% |
| 2017-04-30 | $431.80M | 2.18% |
| 2017-01-31 | $422.60M | 6.15% |
| 2016-10-31 | $398.10M | -0.67% |
| 2016-07-31 | $400.80M | 15.91% |
| 2016-04-30 | $345.80M | 3.32% |
| 2016-01-31 | $334.70M | 12.62% |
| 2015-10-31 | $297.20M | 4.69% |
| 2015-07-31 | $283.88M | 21.23% |
| 2015-04-30 | $234.17M | 7.59% |
| 2015-01-31 | $217.66M | 13.16% |
| 2014-10-31 | $192.35M | 7.92% |
| 2014-07-31 | $178.23M | 18.27% |
| 2014-04-30 | $150.70M | 6.83% |
| 2014-01-31 | $141.07M | 10.05% |
| 2013-10-31 | $128.18M | 14.05% |
| 2013-07-31 | $112.39M | 10.95% |
| 2013-04-30 | $101.29M | 4.96% |
| 2013-01-31 | $96.50M | 12.29% |
| 2012-10-31 | $85.93M | 13.61% |
| 2012-07-31 | $75.64M | 15.13% |
| 2012-04-30 | $65.70M | 15.91% |
| 2012-01-31 | $56.68M | -0.75% |
| 2011-10-31 | $57.11M | 41.98% |
| 2011-07-31 | $40.23M | 29.10% |
| 2011-04-30 | $31.16M | - |
Palo Alto Networks generated $1.98B in revenue during Q3 2024, up 0.49% compared to the previous quarter, and up 119.92% compared to the same period a year ago.
Palo Alto Networks Revenue Breakdown
Palo Alto Networks Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Jul 24 | Jul 23 | Jul 22 | Jul 21 | Jul 20 |
|---|---|---|---|---|---|
| Service | $6.42B | $5.31B | $4.14B | $3.14B | $2.34B |
| Product | $1.60B | $1.58B | $1.36B | $1.12B | $1.06B |
| Support | $2.24B | $1.60B | $1.24B | $938.90M | - |
| Subscription | $4.19B | $2.54B | $1.90B | $1.41B | - |
Palo Alto Networks's latest annual revenue breakdown by segment (product or service), as of Jul 24: Service (44.45%), Subscription (28.98%), Support (15.47%), and Product (11.09%).
Quarterly Revenue by Product
| Product/Service | Jul 24 | Apr 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Support | $1.14B | $548.20M | $548.70M | $1.02B | $486.80M | $469.40M | $440.00M | $395.40M | $390.90M | $373.10M | $344.60M | $311.20M | $300.50M | $280.70M | $255.00M | $234.20M | $227.60M | $222.10M | $207.20M | - |
| Subscription | $2.15B | $1.05B | $988.30M | $1.76B | $815.40M | $764.00M | $702.40M | $639.80M | $618.00M | $578.80M | $535.30M | $473.80M | $461.70M | $428.00M | $389.80M | $354.30M | $342.60M | $318.60M | $292.90M | - |
| Service | $3.29B | $1.59B | $1.54B | $1.45B | $1.33B | $1.30B | $1.23B | $1.14B | $1.04B | $1.01B | $951.90M | $879.90M | $785.00M | $762.20M | $708.70M | $644.80M | $588.50M | $570.20M | $540.70M | $500.10M |
| Product | $871.20M | $391.00M | $341.10M | $507.40M | $388.10M | $352.90M | $330.00M | $408.10M | $351.50M | $308.00M | $295.50M | $339.40M | $288.90M | $254.70M | $237.30M | $305.60M | $280.90M | $246.50M | $231.20M | $305.70M |
Palo Alto Networks's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Service (44.16%), Subscription (28.89%), Support (15.27%), and Product (11.68%).
Palo Alto Networks Revenue Breakdown by Country
Annual Revenue by Country
| Country | Jul 24 | Jul 23 | Jul 22 | Jul 21 | Jul 20 |
|---|---|---|---|---|---|
| Americas | $10.97B | $4.72B | $3.80B | $2.94B | $2.33B |
| EMEA | $1.60B | $1.36B | $1.06B | $817.30M | $664.80M |
| Asia Pacific | $942.60M | $813.20M | $643.10M | $501.30M | $415.70M |
| UNITED STATES | - | $4.42B | $3.56B | $2.75B | $2.17B |
| Other Americas | - | $295.70M | $242.30M | $189.70M | $159.30M |
| Service | - | - | $4.14B | - | - |
| Support | - | - | $1.60B | - | - |
| Subscription | - | - | $2.54B | - | - |
| Product | - | - | $1.36B | - | - |
Palo Alto Networks's latest annual revenue breakdown by geography, as of Jul 24: Americas (81.17%), EMEA (11.86%), and Asia Pacific (6.98%).
Quarterly Revenue by Country
| Country | Jul 24 | Apr 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia Pacific | $490.00M | $226.00M | $226.60M | $222.20M | $209.60M | $196.60M | $184.80M | $178.90M | $168.50M | $148.80M | $146.90M | $147.10M | $129.20M | $120.20M | $104.80M | $111.50M | $103.70M | $105.80M | $94.70M | $96.40M |
| EMEA | $837.90M | $399.20M | $364.90M | $378.10M | $332.10M | $341.50M | $307.90M | $300.30M | $269.50M | $252.20M | $233.80M | $230.40M | $210.20M | $205.80M | $170.90M | $179.50M | $171.50M | $166.20M | $147.60M | $150.10M |
| Americas | $5.67B | $1.36B | $1.29B | $1.35B | $1.18B | $1.12B | $1.07B | $1.07B | $948.70M | $915.90M | $866.70M | $841.80M | $734.50M | $690.90M | $670.30M | $659.40M | $594.20M | $544.70M | $529.60M | $559.30M |
| UNITED STATES | - | $1.27B | $1.20B | $1.27B | $1.11B | $1.04B | $1.01B | $1.00B | $887.20M | $858.60M | $811.70M | $790.00M | $685.40M | $644.00M | $628.40M | $614.60M | $553.50M | $505.60M | $494.90M | $515.50M |
| Other Americas | - | $88.50M | $82.30M | $82.60M | $74.00M | $74.70M | $64.40M | $68.50M | $61.50M | $57.30M | $55.00M | $51.80M | $49.10M | $46.90M | $41.90M | $44.80M | $40.70M | $39.10M | $34.70M | $43.80M |
| Support | - | - | - | - | - | $486.80M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Subscription | - | - | - | - | - | $815.40M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service | - | - | - | - | - | $1.30B | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Product | - | - | - | - | - | $352.90M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Palo Alto Networks's latest quarterly revenue breakdown by geography, as of Jul 24: Americas (81.03%), EMEA (11.97%), and Asia Pacific (7.00%).
Palo Alto Networks Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| MSFT | Microsoft | $245.12B | $61.86B |
| SQ | Block | $21.92B | $6.16B |
| ADBE | Adobe | $19.41B | $5.31B |
| PANW | Palo Alto Networks | $8.03B | $1.98B |
| CRWD | CrowdStrike | $3.06B | $963.87M |
| ZS | Zscaler | $2.17B | $553.20M |
| NTNX | Nutanix | $1.86B | $524.58M |
| MDB | MongoDB | $1.68B | $478.11M |
| PATH | UiPath | $1.31B | $316.25M |
| NET | Cloudflare | $1.30B | $401.00M |
| OKTA | Okta | $2.26M | $646.00K |
| ORCL | Oracle | - | $13.31B |
PANW Revenue FAQ
What is Palo Alto Networks’s yearly revenue?
Palo Alto Networks's yearly revenue for 2024 was $8.03B, representing an increase of 16.46% compared to 2023. The company's yearly revenue for 2023 was $6.89B, representing an increase of 25.29% compared to 2022. PANW's yearly revenue for 2022 was $5.5B, representing an increase of 29.26% compared to 2021.
What is Palo Alto Networks’s quarterly revenue?
Palo Alto Networks's quarterly revenue for Q3 2024 was $1.98B, a 0.49% increase from the previous quarter (Q2 2024), and a 15.33% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.98B, a 5.16% increase from the previous quarter (Q1 2024), and a 19.33% increase year-over-year (Q2 2023). PANW's quarterly revenue for Q1 2024 was $1.88B, a -3.85% decrease from the previous quarter (Q4 2023), and a 20.13% increase year-over-year (Q1 2023).
What is Palo Alto Networks’s revenue growth rate?
Palo Alto Networks's revenue growth rate for the last 3 years (2022-2024) was 45.91%, and for the last 5 years (2020-2024) was 135.52%.
What are Palo Alto Networks’s revenue streams?
Palo Alto Networks's revenue streams in l 24 are Service, Product, Support, and Subscription. Service generated $6.42B in revenue, accounting 44.45% of the company's total revenue, up 20.89% year-over-year. Product generated $1.6B in revenue, accounting 11.09% of the company's total revenue, up 1.58% year-over-year. Support generated $2.24B in revenue, accounting 15.47% of the company's total revenue, up 39.78% year-over-year. Subscription generated $4.19B in revenue, accounting 28.98% of the company's total revenue, up 64.97% year-over-year.
What is Palo Alto Networks’s main source of revenue?
For the fiscal year ending Jul 24, the largest source of revenue of Palo Alto Networks was Service. This segment made a revenue of $6.42B, representing 44.45% of the company's total revenue.