# PALO ALTO NETWORKS, INC (PANW) FY2024 Q3 P&L / Income Statement

- Company: PALO ALTO NETWORKS, INC (PANW)
- Period: 2024-02-01 to 2024-04-30
- Filing: Q3 FY2024 10-Q, filed 2024-05-21, accession number 0001327567-24-000017
- Page: https://plicit.ai/financials/panw/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/panw-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service (3 categories)

Income statement for 2024-02-01 through 2024-04-30. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue:**: 1,984,800,000 US dollars
- **Cost of revenue:**: 513,600,000 US dollars
- **Total gross profit**: 1,471,200,000 US dollars
- **Total operating expenses**: 1,294,500,000 US dollars
- **Operating income**: 176,700,000 US dollars
- **Other income (expense), net (calculated)**: 74,500,000 US dollars
- **Income before income taxes**: 251,200,000 US dollars
- **Provision for (benefit from) income taxes**: negative 27,600,000 US dollars
- **Net income**: 278,800,000 US dollars
- **Product**: 391,000,000 US dollars
- **Subscription**: 1,045,600,000 US dollars
- **Support**: 548,200,000 US dollars
- **Research and development**: 457,200,000 US dollars
- **Sales and marketing**: 718,700,000 US dollars
- **General and administrative**: 118,600,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Product and Service (2 categories)

- Page: https://plicit.ai/financials/panw/fy2024-q3-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/panw-fy2024-q3-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2024-02-01 through 2024-04-30. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Revenue:**: 1,984,800,000 US dollars
- **Cost of revenue:**: 513,600,000 US dollars
- **Total gross profit**: 1,471,200,000 US dollars
- **Total operating expenses**: 1,294,500,000 US dollars
- **Operating income**: 176,700,000 US dollars
- **Other income (expense), net (calculated)**: 74,500,000 US dollars
- **Income before income taxes**: 251,200,000 US dollars
- **Provision for (benefit from) income taxes**: negative 27,600,000 US dollars
- **Net income**: 278,800,000 US dollars
- **Product revenue**: 391,000,000 US dollars
- **Subscription and support revenue**: 1,593,800,000 US dollars
- **Product cost of revenue**: 77,900,000 US dollars
- **Subscription and support cost of revenue**: 435,700,000 US dollars
- **Research and development**: 457,200,000 US dollars
- **Sales and marketing**: 718,700,000 US dollars
- **General and administrative**: 118,600,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/panw/fy2024-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/panw-fy2024-q3-revenue-by-geography-sankey.png

Income statement for 2024-02-01 through 2024-04-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue:**: 1,984,800,000 US dollars
- **Cost of revenue:**: 513,600,000 US dollars
- **Total gross profit**: 1,471,200,000 US dollars
- **Total operating expenses**: 1,294,500,000 US dollars
- **Operating income**: 176,700,000 US dollars
- **Other income (expense), net (calculated)**: 74,500,000 US dollars
- **Income before income taxes**: 251,200,000 US dollars
- **Provision for (benefit from) income taxes**: negative 27,600,000 US dollars
- **Net income**: 278,800,000 US dollars
- **UNITED STATES**: 1,271,100,000 US dollars
- **Other Americas**: 88,500,000 US dollars
- **Europe, the Middle East, and Africa (“EMEA”)**: 399,200,000 US dollars
- **Asia Pacific and Japan (“APAC”)**: 226,000,000 US dollars
- **Research and development**: 457,200,000 US dollars
- **Sales and marketing**: 718,700,000 US dollars
- **General and administrative**: 118,600,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.