The financials
Palo Alto Networks by the numbers
Palo Alto Networks (PANW) reported revenue of $3.00B in Q3 2026 (quarter ended April 30, 2026), up 31% from the same quarter a year earlier. That came with a gross margin of 68% and net loss of $177M. For the full year FY2025, revenue was $9.22B (+15% year on year) and net income $1.13B. Its largest region in 2026-Q2 was US at $1.85B, 62% of the disclosed total, just ahead of EMEA at 21%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $3.00B | $2.29B | +31% |
| Gross profit | $2.03B | $1.67B | +21% |
| Operating income | −$183M | $219M | to a loss |
| Net income | −$177M | $262M | to a loss |
| Diluted EPS | −$0.22 | $0.37 | to a loss |
| Geographic | Revenue | Share |
|---|---|---|
| US | $1.85B | 62% |
| EMEA | $633M | 21% |
| Asia Pacific | $351M | 12% |
| Other Americas | $164M | 5.5% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $3.00B (+16%)
Other Americas grew +56% year on yearAsia Pacific +26% year on year
Segment Latestquarter on quarteryear on year
- US$1.85B$1.85BQoQ +17%year on year +30%+17%+30%
- EMEA$633.0M$633.0MQoQ +13%year on year +32%+13%+32%
- Asia Pacific$351.0M$351.0MQoQ +9.0%year on year +26%+9.0%+26%
- Other Americas$164.0M$164.0MQoQ +32%year on year +56%+32%+56%
Software - Infrastructure
Ranks #43 of 78 by Smart Score