FINHUB Insights

PANW · Q3 FY25 · Feb 1 – Apr 30, 2025

Palo Alto Networks Q3 FY25: where the revenue came from and where it went

Palo Alto Networks Q3 FY25: revenue $2.3B (+15% year over year). Net profit $0.3B. Largest cohort US $1.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Feb 1 – Apr 30, 2025
Reported
May 21, 2025 10-Q
Sankey diagram of Palo Alto Networks's income statement for Q3 FY25: revenue of $2.3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$2.3B +15% year over year
Gross profit$1.7B 73% margin
Operating profit$0.2B 10% margin
Net profit$0.3B 11% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Apr 30, 2025).
ItemValueShare of revenueYear over year
Revenue 2.3 100% +15%
US 1.4 61% +12%
EMEA 0.5 22% +20%
Asia Pacific 0.3 13% +23%
Other Americas 0.1 4% +18%
Cost of revenue−0.626%
Gross profit1.773% margin−1pp
Research & development−0.522%−1pp
Sales & marketing−0.835%−2pp
G&A−0.27%+1pp
Operating profit0.210% margin+1pp
Net profit0.311%−3pp
Filing on EDGAR More quarters of PANW

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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