Palo Alto Networks Inc Total Operating Expenses 2011-2026 | PANW
What is total operating expenses?
Total operating expenses include all costs related to running the core business, including cost of goods sold, R&D, and SG&A.
What is Palo Alto Networks Inc's current total operating expenses?
Palo Alto Networks Inc (PANW) annual total operating expenses for 2025 was $5.53B, a 4.59% increase from 2024. Palo Alto Networks Inc total operating expenses for the quarter ending April 30, 2026 was $2.21B.
What was Palo Alto Networks Inc's total operating expenses in 2024?
Palo Alto Networks Inc annual total operating expenses for 2024 was $5.28B, a 14.99% increase from 2023.
What was Palo Alto Networks Inc's total operating expenses in 2023?
Palo Alto Networks Inc annual total operating expenses for 2023 was $4.60B, a 15.71% increase from 2022.
What is Palo Alto Networks Inc's 5-year total operating expenses CAGR?
Palo Alto Networks Inc total operating expenses grew at a compound annual growth rate (CAGR) of 16.39% from FY2020 to FY2025, going from $2.59B to $5.53B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $5.53B | +4.6% | 10-K |
| FY2024 | $5.28B | +15.0% | 10-K |
| FY2023 | $4.60B | +15.7% | 10-K |
| FY2022 | $3.97B | +20.9% | 10-K |
| FY2021 | $3.29B | +26.9% | 10-K |
| FY2020 | $2.59B | +20.6% | 10-K |
| FY2019 | $2.15B | +23.8% | 10-K |
| FY2018 | $1.73B | +20.0% | 10-K |
| FY2017 | $1.44B | +23.9% | 10-K |
| FY2016 | $1.17B | +50.2% | 10-K |
| FY2015 | $776.4M | +18.7% | 10-K |
| FY2014 | $653.9M | +114.4% | 10-K |
| FY2013 | $305.0M | +68.8% | 10-K |
| FY2012 | $180.7M | +86.8% | 10-K |
| FY2011 | $96.7M | - | 10-K |