Palo Alto Networks, Inc (PANW) FY2025 Annual P&L / Income Statement

Palo Alto Networks, Inc (PANW) FY2025 Annual P&L / Income Statement

Income statement for 2024-08-01 through 2025-07-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

Revenue

9,221,500,000 US dollars

Cost of revenue

2,451,600,000 US dollars

Total gross profit

6,769,900,000 US dollars

Total operating expenses

5,527,000,000 US dollars

Operating income

1,242,900,000 US dollars

Other income (expense), net (calculated)

352,800,000 US dollars

Income before income taxes

1,595,700,000 US dollars

Provision for (benefit from) income taxes

461,800,000 US dollars

Net income

1,133,900,000 US dollars

Product revenue

1,801,900,000 US dollars

Subscription and support revenue

7,419,600,000 US dollars

Product cost of revenue

413,200,000 US dollars

Subscription and support cost of revenue

2,038,400,000 US dollars

Research and development

1,984,100,000 US dollars

Sales and marketing

3,100,200,000 US dollars

General and administrative

442,700,000 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.