PALO ALTO NETWORKS, INC (PANW) FY2026 YTD Q2 P&L / Income Statement

2025-08-01 to 2026-01-31

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PALO ALTO NETWORKS, INC (PANW) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2025-08-01 through 2026-01-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETUNITED STATESEurope, the Middle East, and Africa (“EMEA”)Asia Pacific and Japan (“APAC”)Other AmericasTotal revenueTotal gross profitTotal cost of revenueOperating incomeTotal operating expensesSales and marketingResearch and developmentGeneral and administrativeOther income (expense), net (calculated)Income before income taxesNet incomeProvision for income taxesOther income (expense), net (calculated)Other income,net (calculated)$255.00 MIncome before income taxesPretax income$961.00 MTotal revenueTotal revenue$5.07 BTotal gross profitTotal gross profit$3.75 BOperating incomeOperating income$706.00 MNet incomeNet income$766.00 MTotal operating expensesTotal operatingexpenses$3.04 BUNITED STATESUNITED STATES$3.11 BProvision for income taxesProvision forincome taxes$195.00 MSales and marketingSales and marketing$1.64 BEurope, the Middle East, and Africa (“EMEA”)Europe, the Middle East,and Africa (“EMEA”)$1.08 BResearch and developmentResearch and development$1.04 BTotal cost of revenueTotal cost of revenue$1.32 BAsia Pacific and Japan (“APAC”)Asia Pacific and Japan (“APAC”)$634.00 MGeneral and administrativeGeneral and administrative$357.00 MOther AmericasOther Americas$239.00 M
Chart details

PALO ALTO NETWORKS, INC (PANW) FY2026 YTD Q2 P&L / Income Statement

Income statement for 2025-08-01 through 2026-01-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenue
5,068,000,000 US dollars
Total cost of revenue
1,323,000,000 US dollars
Total gross profit
3,745,000,000 US dollars
Total operating expenses
3,039,000,000 US dollars
Operating income
706,000,000 US dollars
Other income (expense), net (calculated)
255,000,000 US dollars
Income before income taxes
961,000,000 US dollars
Provision for income taxes
195,000,000 US dollars
Net income
766,000,000 US dollars
UNITED STATES
3,114,000,000 US dollars
Other Americas
239,000,000 US dollars
Europe, the Middle East, and Africa (“EMEA”)
1,081,000,000 US dollars
Asia Pacific and Japan (“APAC”)
634,000,000 US dollars
Research and development
1,039,000,000 US dollars
Sales and marketing
1,643,000,000 US dollars
General and administrative
357,000,000 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.
PALO ALTO NETWORKS, INC (PANW) FY2026 YTD Q2 Revenue by Geography Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

73.9%

Gross profit / revenue

Operating margin

13.9%

Operating profit / revenue

Cash conversion

303.5%

Operating cash / net income, same period

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