Palo Alto Networks
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Palo Alto Networks's past years’ income statements indicate that its last revenue has increased compared to the previous period by 16% to $8,027,500,000. The net income raised on $2,577,600,000 and profit margin reached 32%. Total operating expenses were $5,284,400,001.

Profit Margin

Palo Alto Networks, Inc. (NASDAQ:PANW): Profit margin
2015 928.05M -164.98M -17.78%
2016 1.37B -225.9M -16.39%
2017 1.76B -216.6M -12.3%
2018 2.27B -147.9M -6.51%
2019 2.89B -81.9M -2.82%
2020 3.40B -267M -7.83%
2021 4.25B -498.9M -11.72%
2022 5.50B -267M -4.85%
2023 6.89B 439.7M 6.38%
2024 8.02B 2.57B 32.11%

PANW Income Statement (2015 – 2024)

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue
8.02B6.89B5.50B4.25B3.40B2.89B2.27B1.76B1.37B928.05M
Cost of revenue
2.05B1.90B1.71B1.27B999.5M808.4M645.3M476.6M370M251.49M
Gross profit
5.96B4.98B3.78B2.98B2.40B2.09B1.62B1.28B1.00B676.55M
Operating exp.
Research and development
1.80B1.60B1.41B1.14B768.1M539.5M400.7M347.4M284.2M185.82M
Selling and marketing
2.79B2.54B2.14B1.75B1.52B1.34B1.09B919.1M776M522.69M
Total operating expenses
5.28B4.59B3.97B3.28B2.58B2.14B1.75B1.46B1.19B810.08M
Operating income
683.9M387.3M-188.8M-304.1M-179M-144.5M-129.1M-179.8M-190.1M-133.53M
Other income (expenses), net
304.4M179M-18.4M-160.9M-52.8M69.9M28.5M-28.3M8.4M-22.04M
Income before tax
988.3M566.3M-207.2M-465M-231.8M-74.6M-130.2M-194.1M-205.1M-155.57M
Income tax expense
-1.58B126.6M59.8M33.9M35.2M7.3M17.7M22.5M20.8M9.40M
Net income
2.57B439.7M-267M-498.9M-267M-81.9M-147.9M-216.6M-225.9M-164.98M
Earnings per share
Basic EPS
4.040.72-0.9-1.73-0.46-0.29-0.54-0.4-0.86-0.33
Diluted EPS
3.640.64-0.9-1.73-0.46-0.29-0.54-0.4-0.86-0.33
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