PALO ALTO NETWORKS, INC (PANW) FY2026 Q3 P&L / Income Statement

PALO ALTO NETWORKS, INC (PANW) FY2026 Q3 P&L / Income Statement

Income statement for 2026-02-01 through 2026-04-30. View: Product and service (2 categories). Revenue and costs use their disclosed categories.

Total revenue

3,002,000,000 US dollars

Total cost of revenue

974,000,000 US dollars

Total gross profit

2,028,000,000 US dollars

Total operating expenses

2,211,000,000 US dollars

Operating income (loss)

negative 183,000,000 US dollars

Other income (expense), net (calculated)

27,000,000 US dollars

Income (loss) before income taxes

negative 156,000,000 US dollars

Provision for income taxes

21,000,000 US dollars

Net income (loss)

negative 177,000,000 US dollars

Product revenue

594,000,000 US dollars

Subscription and support revenue

2,408,000,000 US dollars

Product cost of revenue

167,000,000 US dollars

Subscription and support cost of revenue

807,000,000 US dollars

Research and development

734,000,000 US dollars

Sales and marketing

1,161,000,000 US dollars

General and administrative

316,000,000 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.