| Period | PANW | SPY | Delta |
|---|---|---|---|
| 3M | +70.4% | +11.4% | +59.0% |
| 6M | +45.7% | +8.2% | +37.5% |
| 1Y | +45.0% | +22.9% | +22.1% |
Buy Activity
Sell Activity
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $7.42B+15.5% | $6.42B+20.9% | $5.31B+28.4% | $4.14B+32.0% | $3.14B |
| Cost of revenue | $2.04B+19.1% | $1.71B+14.7% | $1.49B+18.1% | $1.26B+30.7% | $966.4M |
| Total gross profit | $6.77B+13.4% | $5.97B+19.8% | $4.98B+31.7% | $3.78B+26.9% | $2.98B |
| Research and development | $1.98B+9.7% | $1.81B+12.8% | $1.60B+13.1% | $1.42B+24.3% | $1.14B |
| Sales and marketing | $3.10B+10.9% | $2.79B+9.8% | $2.54B+18.4% | $2.15B+22.5% | $1.75B |
| General and administrative | $442.7M-34.9% | $680.5M+52.0% | $447.7M+10.5% | $405.0M+3.6% | $391.1M |
| Total operating expenses | $5.53B+4.6% | $5.28B+15.0% | $4.60B+15.7% | $3.97B+20.9% | $3.29B |
| Operating income | $1.24B+81.7% | $683.9M+76.6% | $387.3M+305.1% | -$188.8M+37.9% | -$304.1M |
| Interest expense | -$3.0M+63.9% | -$8.3M+69.5% | -$27.2M+0.7% | -$27.4M+83.2% | -$163.3M |
| Other income, net | $355.8M+13.8% | $312.7M+51.6% | $206.2M+2191.1% | $9.0M+275.0% | $2.4M |
| Income before income taxes | $1.60B+61.5% | $988.3M+74.5% | $566.3M+373.3% | -$207.2M+55.4% | -$465.0M |
| Provision for (benefit from) income taxes | $461.8M+129.1% | -$1.59B-1355.4% | $126.6M+111.7% | $59.8M+76.4% | $33.9M |
| Net income | $1.13B-56.0% | $2.58B+486.2% | $439.7M+264.7% | -$267.0M+46.5% | -$498.9M |
| Net income per share, basic (in usd per share) | $1710000.00-57.7% | $4040000.00+453.4% | $730000.00+181.1% | -$900000.00+48.0% | -$1730000.00 |
| Net income per share, diluted (in usd per share) | $1600000.00-56.0% | $3640000.00+468.8% | $640000.00+171.1% | -$900000.00+48.0% | -$1730000.00 |
| Weighted-average shares used to compute net income per share, basic (in shares) | 662.5M+3.8% | 638.5M+5.3% | 606.4M+105.1% | 295.6M+2.2% | 289.1M |
| Weighted-average shares used to compute net income per share, diluted (in shares) | 709.3M+0.2% | 707.9M+3.4% | 684.5M+131.6% | 295.6M+2.2% | 289.1M |
| Product | |||||
| Subscription and support | |||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Palo Alto Networks reported Q3 FY2026 revenue of $3.0 billion, up 31% YoY, with non-GAAP EPS of $0.85, and raised full-year guidance.
“Q3 was a standout quarter for Palo Alto Networks, with accelerating organic bookings growth as customers turn to us to secure their AI deployments at scale.”
| Trade Date | Filed | Owner | Role | Type | Shares | Price | Value | Owned After | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-12 | 2026-06-12 | Bawa Aparna | Director | Sale | 536 | $280.00 | $150K | 7,704 | View | |
| 2026-06-12 | 2026-06-12 | Key John P. | Director | Sale | 7,500 | $279.24 | $2.09M | 12.5K | View | |
| 2026-06-11 | 2026-06-12 | Bawa Aparna | Director | Sale | 555 | $270.00 | $150K | 8,240 | View | |
| 2026-06-10 | 2026-06-12 | Bawa Aparna | Director | Sale | 377 | $265.00 | $100K | 8,795 | View | |
| 2026-05-22 | 2026-05-27 | Klarich Lee | Director & EVP Chief Product & Tech Ofcr | Sale | 62.9K | $258.65 | $16.27M | 236.0K | View |
Informational purposes only, not investment advice.