← Palo Alto Networks, Inc.

PANW

Gross Margin

Percentage of revenue retained after cost of goods sold.

Latest Gross Margin: 67.5% (2026Q3); -5.4 pp YoY.

Revenue EPS Free Cash Flow Gross Margin FCF Margin P/E Ratio Cumulative FCF Shares Outstanding Rule of 40

Quarterly Gross Margin Data

Period Value
2024Q1 74.8%
2024Q2 74.7%
2024Q3 74.1%
2024Q4 73.8%
2025Q1 74.1%
2025Q2 73.5%
2025Q3 73.0%
2025Q4 73.2%
2026Q1 74.2%
2026Q2 73.6%
2026Q3 67.5%

Networking & Security Comparison

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Other PANW Charts

More quarter-by-quarter fundamentals for Palo Alto Networks, Inc.

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