Palo Alto Networks Inc Cost of Revenue 2011-2026 | PANW
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What is cost of revenue?
Cost of revenue includes the direct costs attributable to producing goods or delivering services sold by the company.
What is Palo Alto Networks Inc's current cost of revenue?
Palo Alto Networks Inc (PANW) annual cost of revenue for 2025 was $2.45B, a 19.06% increase from 2024. Palo Alto Networks Inc cost of revenue for the quarter ending October 31, 2025 was $638.0M.
What was Palo Alto Networks Inc's cost of revenue in 2024?
Palo Alto Networks Inc annual cost of revenue for 2024 was $2.06B, a 7.83% increase from 2023.
What was Palo Alto Networks Inc's cost of revenue in 2023?
Palo Alto Networks Inc annual cost of revenue for 2023 was $1.91B, a 11.11% increase from 2022.
What is Palo Alto Networks Inc's 5-year cost of revenue CAGR?
Palo Alto Networks Inc cost of revenue grew at a compound annual growth rate (CAGR) of 19.66% from FY2020 to FY2025, going from $999.5M to $2.45B over 5 years.
Cost of Revenue History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+19.7%
FY2020
$999.5M
→
FY2025
$2.45B
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5 years selected
Cost of Revenue History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $2.45B | +19.1% | 10-K |
| FY2024 | $2.06B | +7.8% | 10-K |
| FY2023 | $1.91B | +11.1% | 10-K |
| FY2022 | $1.72B | +34.8% | 10-K |
| FY2021 | $1.27B | +27.6% | 10-K |
| FY2020 | $999.5M | +23.6% | 10-K |
| FY2019 | $808.4M | +25.3% | 10-K |
| FY2018 | $645.1M | +35.4% | 10-K |
| FY2017 | $476.4M | +28.8% | 10-K |
| FY2016 | $370.0M | +47.1% | 10-K |
| FY2015 | $251.5M | +57.6% | 10-K |
| FY2014 | $159.6M | +45.4% | 10-K |
| FY2013 | $109.8M | +55.6% | 10-K |
| FY2012 | $70.6M | +118.6% | 10-K |
| FY2011 | $32.3M | - | 10-K |
Company: Palo Alto Networks IncTicker: PANWSector: TechnologyIndustry: Computer Peripheral Equipment, NECView company profile →