FINHUB Insights

PANW · Q4 FY25 · May 1 – Jul 31, 2025

Palo Alto Networks Q4 FY25: where the revenue came from and where it went

Palo Alto Networks Q4 FY25: revenue $2.5B (+16% year over year). Net profit $0.3B. Largest cohort US $1.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
May 1 – Jul 31, 2025
Reported
Aug 29, 2025 10-K
Sankey diagram of Palo Alto Networks's income statement for Q4 FY25: revenue of $2.5 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$2.5B +16% year over year
Gross profit$1.9B 73% margin
Operating profit$0.5B 20% margin
Net profit$0.3B 10% margin

The numbers

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Jul 31, 2025).
ItemValueShare of revenueYear over year
Revenue 2.5 100% +16%
US 1.6 64% +15%
EMEA 0.5 20% +19%
Asia Pacific 0.3 12% +13%
Other Americas 0.1 4% +24%
Cost of revenue−0.728%
Gross profit1.973% margin−1pp
Research & development−0.520%−3pp
Sales & marketing−0.833%−1pp
G&A−01%−5pp
Operating profit0.520% margin+9pp
Tax−0.3
Net profit0.310%−6pp
Filing on EDGAR More quarters of PANW

Source of the numbers: structured XBRL data from the filing (10-K). The diagram is generated automatically and checked against EDGAR before release. The fourth quarter has no column of its own in an annual report, so it is the full year minus the first nine months. How we calculate it → About and methodology.

Older quarters