Palo Alto Networks, Inc. (PANW) Net margin 2017–2026
Palo Alto Networks, Inc. (PANW) net profit margin by fiscal year — reported net income divided by reported revenue.
2.7%FY2026 · since FY2017: -11.6% → 2.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 2.7% | -9.6 pp |
| FY2025 | 12.3% | -19.8 pp |
| FY2024 | 32.1% | +25.7 pp |
| FY2023 | 6.4% | +11.2 pp |
| FY2022 | -4.9% | +6.9 pp |
| FY2021 | -11.7% | -3.9 pp |
| FY2020 | -7.8% | -5.0 pp |
| FY2019 | -2.8% | +2.6 pp |
| FY2018 | -5.4% | +6.2 pp |
| FY2017 | -11.6% | — |
Net margin = reported net income ÷ reported revenue for the same fiscal year. Loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice
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