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How PALO ALTO NETWORKS, INC makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$9.2B · 100%Cost of revenue$2.5B · 27%Gross profit$6.8B · 73%Operating income$1.2B · 13%Income before tax$1.6B · 17%Income tax$462M · 5%Net income$1.1B · 12%As of 2025-07-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$9.2B100%
  • 10-K · FY 2025Filing detailsAccession 0001327567-25-000027 · filed Aug 29, 2025
Cost of revenue$2.5B27%
  • 10-K · FY 2025Filing detailsAccession 0001327567-25-000027 · filed Aug 29, 2025
$6.8B73%
  • 10-K · FY 2025Filing detailsAccession 0001327567-25-000027 · filed Aug 29, 2025
$1.2B13%
  • 10-K · FY 2025Filing detailsAccession 0001327567-25-000027 · filed Aug 29, 2025
Income before tax$1.6B17%
  • 10-K · FY 2025Filing detailsAccession 0001327567-25-000027 · filed Aug 29, 2025
Income tax$462M5%
  • 10-K · FY 2025Filing detailsAccession 0001327567-25-000027 · filed Aug 29, 2025
$1.1B12%
  • 10-K · FY 2025Filing detailsAccession 0001327567-25-000027 · filed Aug 29, 2025
Source:
  • 10-K · FY 2025Filing detailsAccession 0001327567-25-000027 · filed Aug 29, 2025
· event Jul 31, 2025 · retrieved Sep 4, 2026 · annual-row source set
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