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

- Company: PALO ALTO NETWORKS, INC (PANW)
- Period: 2023-08-01 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-ytd-q3-income-statement
- Chart image: https://plicit.ai/charts/panw-fy2024-ytd-q3-income-statement-sankey.png

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

Income statement for 2023-08-01 through 2024-04-30. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue:**: 5,838,000,000 US dollars
- **Cost of revenue:**: 1,485,500,000 US dollars
- **Total gross profit**: 4,352,500,000 US dollars
- **Total operating expenses**: 3,907,000,000 US dollars
- **Operating income**: 445,500,000 US dollars
- **Other income (expense), net (calculated)**: 223,800,000 US dollars
- **Income before income taxes**: 669,300,000 US dollars
- **Provision for (benefit from) income taxes**: negative 1,550,600,000 US dollars
- **Net income**: 2,219,900,000 US dollars
- **Product**: 1,122,800,000 US dollars
- **Subscription**: 3,061,000,000 US dollars
- **Support**: 1,654,200,000 US dollars
- **Research and development**: 1,314,600,000 US dollars
- **Sales and marketing**: 2,052,200,000 US dollars
- **General and administrative**: 540,200,000 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-ytd-q3-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/panw-fy2024-ytd-q3-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2023-08-01 through 2024-04-30. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Revenue:**: 5,838,000,000 US dollars
- **Cost of revenue:**: 1,485,500,000 US dollars
- **Total gross profit**: 4,352,500,000 US dollars
- **Total operating expenses**: 3,907,000,000 US dollars
- **Operating income**: 445,500,000 US dollars
- **Other income (expense), net (calculated)**: 223,800,000 US dollars
- **Income before income taxes**: 669,300,000 US dollars
- **Provision for (benefit from) income taxes**: negative 1,550,600,000 US dollars
- **Net income**: 2,219,900,000 US dollars
- **Product revenue**: 1,122,800,000 US dollars
- **Subscription and support revenue**: 4,715,200,000 US dollars
- **Product cost of revenue**: 243,500,000 US dollars
- **Subscription and support cost of revenue**: 1,242,000,000 US dollars
- **Research and development**: 1,314,600,000 US dollars
- **Sales and marketing**: 2,052,200,000 US dollars
- **General and administrative**: 540,200,000 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-ytd-q3-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/panw-fy2024-ytd-q3-revenue-by-geography-sankey.png

Income statement for 2023-08-01 through 2024-04-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue:**: 5,838,000,000 US dollars
- **Cost of revenue:**: 1,485,500,000 US dollars
- **Total gross profit**: 4,352,500,000 US dollars
- **Total operating expenses**: 3,907,000,000 US dollars
- **Operating income**: 445,500,000 US dollars
- **Other income (expense), net (calculated)**: 223,800,000 US dollars
- **Income before income taxes**: 669,300,000 US dollars
- **Provision for (benefit from) income taxes**: negative 1,550,600,000 US dollars
- **Net income**: 2,219,900,000 US dollars
- **UNITED STATES**: 3,723,600,000 US dollars
- **Other Americas**: 256,800,000 US dollars
- **Europe, the Middle East, and Africa (“EMEA”)**: 1,170,900,000 US dollars
- **Asia Pacific and Japan (“APAC”)**: 686,700,000 US dollars
- **Research and development**: 1,314,600,000 US dollars
- **Sales and marketing**: 2,052,200,000 US dollars
- **General and administrative**: 540,200,000 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.