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

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

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.