Develops cybersecurity software for enterprise networks and clouds.
Jul 2026Revenue $11.5B/yrExpenses $10.8B/yr
Reached break-even Jan 2023
Figures by year
When did Palo Alto Networks become profitable?
Its revenue passed its expenses in Jan 2023. In the 12 months to Jul 2026, revenue was $11.5B and expenses $10.8B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Jul 2026 | $11.5B | $10.8B | $695M |
| Jul 2025 | $9.22B | $7.98B | $1.24B |
| Jul 2024 | $8.03B | $7.34B | $684M |
| Jul 2023 | $6.89B | $6.51B | $387M |
| Jul 2022 | $5.50B | $5.69B | −$189M |
| Jul 2021 | $4.26B | $4.56B | −$304M |
| Jul 2020 | $3.41B | $3.59B | −$179M |
| Jul 2019 | $2.90B | $2.95B | −$54.1M |
| Jul 2018 | $2.27B | $2.38B | −$104M |
| Jul 2017 | $1.76B | $1.92B | −$166M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.