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Palo Alto Networks's peak revenue was $8.0B in 2024. The peak quarterly revenue was $2.3B in 2025(q2).
Palo Alto Networks's revenue increased from $118.6m in 2011 to $8.0B currently. That's a 6,668.72% change in annual revenue.
| Fiscal year / year | Palo Alto Networks revenue |
|---|---|
| 2011 | $118.6M |
| 2012 | $255.1M |
| 2013 | $396.1M |
| 2014 | $598.2M |
| 2015 | $928.1M |
| 2016 | $1.4B |
| 2017 | $1.8B |
| 2018 | $2.3B |
| 2019 | $2.9B |
| 2020 | $3.4B |
| 2021 | $4.3B |
| 2022 | $5.5B |
| 2023 | $6.9B |
| 2024 | $8.0B |
Rate Palo Alto Networks' financial transparency
Palo Alto Networks saw the greatest revenue growth in 2012, when revenue increased by 115.13%.
Palo Alto Networks had the lowest revenue growth in 2021, when revenue changed by -99.88%.
| Year | Palo Alto Networks growth |
|---|---|
| 2012 | 115%↑ |
| 2013 | 55%↑ |
| 2014 | 51%↑ |
| 2015 | 55%↑ |
| 2016 | 49%↑ |
| 2017 | 28%↑ |
| 2018 | 29%↑ |
| 2019 | 28%↑ |
| 2020 | 18%↑ |
| 2021 | 25%↑ |
| 2022 | 29%↑ |
| 2023 | 25%↑ |
| 2024 | 16%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2012 | - | - | - | $75.6M |
| 2013 | $85.9M | $96.5M | $101.3M | $112.4M |
| 2014 | $128.2M | $141.1M | $150.7M | $178.3M |
| 2015 | $192.3M | $217.7M | $234.2M | $283.9M |
| 2016 | $297.2M | $334.7M | $345.8M | $400.8M |
| 2017 | $398.1M | $422.6M | $431.8M | $509.1M |
| 2018 | $501.8M | $542.4M | $567.1M | $658.1M |
| 2019 | $656.0M | $711.2M | $726.6M | $805.8M |
| 2020 | $771.9M | $816.7M | $869.4M | $950.4M |
| 2021 | $946.0M | $1.0B | $1.1B | $1.2B |
| 2022 | $1.2B | $1.3B | $1.4B | $1.6B |
| 2023 | $1.6B | $1.7B | $1.7B | $2.0B |
| 2024 | $1.9B | $2.0B | $2.0B | $2.2B |
| 2025 | $2.1B | $2.3B | - | - |
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Did Palo Alto Networks meet its revenue projections?
| CEO | Nikesh Arora |
| Industry | Technology Hardware & Equipment |
| Company Type | Public |
| Employees Number | 11,098 |
| Date Founded | 2005 |
| Headquarters | Santa Clara, California |
| Number of Locations | 13 |
| Revenue | $8.0B |
| Net Income | $439,700,000 |
| Gross Proft | $6.0B (2024) |
| PE Ratio | 6.33 |
| Tax Rate | -1.6% |
| Market Capitalization | $16.3B |
| Total Assets | $14,501,100,000 |
| Ticker | PANW |
Palo Alto Networks received early financing of $10.0M on 2006-01-01.
| Series | Round size | Date |
|---|---|---|
| Series A | $10M | 01/2006 |
| Series B | $18M | 06/2007 |
| Series C | $27M | 08/2008 |
| Series C | $10M | 11/2008 |
| Investors | Security type |
|---|---|
| Icon Ventures | Series A |
| Sequoia Capital | Series A |
| Greylock Partners | Series A |
| Globespan Capital Partners | Series B |
| Sequoia Capital | Series B |
| Greylock Partners | Series B |
| Lehman Brothers | Series C |
| Globespan Capital Partners | Series C |
| Sequoia Capital | Series C |
| Greylock Partners | Series C |
| Icon Ventures | Series C |
| Northgate Capital | Series C |
| JAPAN ASIA INVESTMENT CO LTD | Series C |
Palo Alto Networks's top competitor, Google, earned an annual revenue of $350.0B.
Palo Alto Networks's smallest competitor is Bay Seal with revenue of $2.2M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Fortinet | $125,742 | $6.0B | 9,700 | 284 |
| F5 | $122,454 | $2.8B | 6,550 | 193 |
| IBM | $86,845 | $62.8B | 270,000 | 4,168 |
| $140,774 | $350.0B | 139,995 | 3,943 | |
| Intel | $94,208 | $53.1B | 121,100 | 438 |
| Netgear | $134,655 | $673.8M | 1,008 | 17 |
| Dell | $98,219 | $95.6B | 165,000 | 137 |
| Akritiv | $96,240 | - | 10,002 | - |
| Citrix | $114,526 | $3.2B | 9,000 | 6 |
| HP | $102,566 | $53.6B | 53,000 | 404 |
Zippia gives an in-depth look into the details of Palo Alto Networks, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Palo Alto Networks. The employee data is based on information from people who have self-reported their past or current employments at Palo Alto Networks. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Palo Alto Networks. The data presented on this page does not represent the view of Palo Alto Networks and its employees or that of Zippia.
Palo Alto Networks may also be known as or be related to Palo Alto Networks, Palo Alto Networks Inc, Palo Alto Networks Inc. and Palo Alto Networks, Inc.