Palo Alto Networks, Inc. PANW

374.74 (15.18) (3.89%) as of 25 Sep
Market cap
$316.8B
P/E
706×
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Palo Alto Networks, Inc. (PANW) Net margin

Palo Alto Networks, Inc.'s net margin over the twelve months to 31 July 2026 was 2.67%. Over the past ten years it has ranged from −14.2% (fiscal 2015) to 32.1% (fiscal 2024); the current reading is higher than 75% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Net margin, annual

Annual

Period Net margin Change (points)
FY2026 2.67% (9.63)
FY2025 12.3% (19.82)
FY2024 32.1% 25.74
FY2023 6.38% 11.23
FY2022 −4.85% 6.87
FY2021 −11.7% (3.89)
FY2020 −7.83% (5.01)
FY2019 −2.82% 2.55
FY2018 −5.37% 6.20
FY2017 −11.6% 2.41

Quarterly

Period Net margin Change (points)
Jul 2026 −8.27% (2.37)
Apr 2026 −5.90% (22.55)
Jan 2026 16.7% 3.15
Oct 2025 13.5% 3.48
43 more quarters

Against its own ten years

Low −14.2% High 32.1%
Ten-year median −5.11%
Current reading's percentile 75

Net margin against peers

Company Net margin
PLTR Palantir Technologies Inc. compare 49.0%
FTNT Fortinet, Inc. compare 28.2%
ORCL Oracle Corporation compare 26.1%
SNPS Synopsys, Inc. compare 11.4%
NBIS Nebius Group N.V. compare 3.13%
PANW Palo Alto Networks, Inc. 2.67%
CRWD CrowdStrike compare 0.83%
NET Cloudflare, Inc. compare −8.21%
CRWV CoreWeave Inc. compare −25.4%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.55%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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