Palo Alto Networks (PANW) Revenue & Revenue Breakdown

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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
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
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	-

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	$65.58B
SQ	Block	$21.92B	$5.98B
ADBE	Adobe	$19.41B	$5.41B
PANW	Palo Alto Networks	$8.03B	$1.98B
CRWD	CrowdStrike	$3.06B	$963.87M
ZS	Zscaler	$2.17B	$553.20M
NTNX	Nutanix	$2.15B	$524.58M
MDB	MongoDB	$1.68B	$478.11M
PATH	UiPath	$1.31B	$316.25M
NET	Cloudflare	$1.30B	$430.08M
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.