FINHUB Insights

Palo Alto Networks Q1 FY26: where the revenue came from and where it went

The whole income statement of Palo Alto Networks for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Aug 1 – Oct 31, 2025
Reported
Nov 20, 2025 10-Q accession 0001327567-25-000035

Revenue$2.47B +16% year over year
Gross profit$1.84B 74% margin
Operating profit$0.31B 12% margin
Net profit$0.33B 14% margin

Net profit is larger than what operations earned, because the statement adds $0.10B below it, under Other income, net.

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The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Oct 31, 2025).
ItemValueShare of revenueYear over year
Revenue 2.47 100% +16%
US 1.53 62% +14%
EMEA 0.52 21% +18%
Asia Pacific 0.31 12% +22%
Other Americas 0.12 5% +17%
Cost of revenue−0.6426%
Gross profit1.8474% margin+0pp
R&D−0.5322%−1pp
Sales & marketing−0.8233%−1pp
G&A−0.187%+3pp
Operating profit0.3112% margin−1pp
Other income, net0.10
Tax−0.08
Net profit0.33 14% margin−3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

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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