# PALO ALTO NETWORKS, INC (PANW) FY2026 Q1 P&L / Income Statement

- Company: PALO ALTO NETWORKS, INC (PANW)
- Period: 2025-08-01 to 2025-10-31
- Filing: Q1 FY2026 10-Q, filed 2025-11-20, accession number 0001327567-25-000035
- Page: https://plicit.ai/financials/panw/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/panw-fy2026-q1-income-statement-sankey.png

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

Income statement for 2025-08-01 through 2025-10-31. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 2,474,000,000 US dollars
- **Total cost of revenue**: 638,000,000 US dollars
- **Total gross profit**: 1,836,000,000 US dollars
- **Total operating expenses**: 1,527,000,000 US dollars
- **Operating income**: 309,000,000 US dollars
- **Other income (expense), net (calculated)**: 103,000,000 US dollars
- **Income before income taxes**: 412,000,000 US dollars
- **Provision for income taxes**: 78,000,000 US dollars
- **Net income**: 334,000,000 US dollars
- **Product**: 434,000,000 US dollars
- **Subscription**: 1,364,000,000 US dollars
- **Support**: 676,000,000 US dollars
- **Research and development**: 528,000,000 US dollars
- **Sales and marketing**: 820,000,000 US dollars
- **General and administrative**: 179,000,000 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/fy2026-q1-income-statement/revenue-by-product-and-service-2-categories
- Chart image: https://plicit.ai/charts/panw-fy2026-q1-revenue-by-product-and-service-2-categories-sankey.png

Income statement for 2025-08-01 through 2025-10-31. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

- **Total revenue**: 2,474,000,000 US dollars
- **Total cost of revenue**: 638,000,000 US dollars
- **Total gross profit**: 1,836,000,000 US dollars
- **Total operating expenses**: 1,527,000,000 US dollars
- **Operating income**: 309,000,000 US dollars
- **Other income (expense), net (calculated)**: 103,000,000 US dollars
- **Income before income taxes**: 412,000,000 US dollars
- **Provision for income taxes**: 78,000,000 US dollars
- **Net income**: 334,000,000 US dollars
- **Product revenue**: 434,000,000 US dollars
- **Subscription and support revenue**: 2,040,000,000 US dollars
- **Product cost of revenue**: 89,000,000 US dollars
- **Subscription and support cost of revenue**: 549,000,000 US dollars
- **Research and development**: 528,000,000 US dollars
- **Sales and marketing**: 820,000,000 US dollars
- **General and administrative**: 179,000,000 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/fy2026-q1-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/panw-fy2026-q1-revenue-by-geography-sankey.png

Income statement for 2025-08-01 through 2025-10-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenue**: 2,474,000,000 US dollars
- **Total cost of revenue**: 638,000,000 US dollars
- **Total gross profit**: 1,836,000,000 US dollars
- **Total operating expenses**: 1,527,000,000 US dollars
- **Operating income**: 309,000,000 US dollars
- **Other income (expense), net (calculated)**: 103,000,000 US dollars
- **Income before income taxes**: 412,000,000 US dollars
- **Provision for income taxes**: 78,000,000 US dollars
- **Net income**: 334,000,000 US dollars
- **UNITED STATES**: 1,526,000,000 US dollars
- **Other Americas**: 115,000,000 US dollars
- **Europe, the Middle East, and Africa (“EMEA”)**: 521,000,000 US dollars
- **Asia Pacific and Japan (“APAC”)**: 312,000,000 US dollars
- **Research and development**: 528,000,000 US dollars
- **Sales and marketing**: 820,000,000 US dollars
- **General and administrative**: 179,000,000 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.