Was 2023 Palo Alto Networks, Inc.'s best revenue year?

No. Palo Alto Networks, Inc.'s highest recorded revenue year was 2025 at $8.0B. In 2023, Palo Alto Networks, Inc. reported $6.1B.

What was Palo Alto Networks, Inc.'s highest ever annual revenue?

Palo Alto Networks, Inc.'s highest ever annual revenue was $8.0B recorded in fiscal year 2025.

Palo Alto Networks, Inc.

Cybersecurity / Network Security / Cloud SecurityFounded 2005

Reviewed by Swet Parvadiya

Last reviewed: July 2025

Explore Palo Alto Networks, Inc.

Core profile pages, annual revenue records, and related research hubs for this company.

Palo Alto Networks, Inc.

Cybersecurity / Network Security / Cloud SecurityFounded 2005

Reviewed by Swet Parvadiya

Last reviewed: July 2025

Annual Revenue

Palo Alto Networks, Inc. Revenue in 2023

Q: What was Palo Alto Networks, Inc.'s revenue in 2023?

Palo Alto Networks, Inc. reported $6.1B in revenue for fiscal year 2023. Fiscal 2023 revenue of $6.09 billion is the earliest year shown here, reflecting the company's ongoing pivot from legacy hardware firewalls toward high-margin software subscriptions.

FY2023 Revenue

$6.1B

Source: Annual report / company filing

Palo Alto Networks, Inc. reported $6.1B in revenue for fiscal year 2023. In 2024, revenue increased to $7.0B.

Fiscal 2023 revenue of $6.09 billion is the earliest year shown here, reflecting the company's ongoing pivot from legacy hardware firewalls toward high-margin software subscriptions.

Revenue by Year

FY2025 FY2024 FY2023

Palo Alto Networks, Inc. Annual Revenue History

Year	Revenue	Net Income	YoY Change
FY2025	$8.0B	—	+15.1%
FY2024	$7.0B	$1.2B	+14.1%
FY2023	$6.1B	—	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.

Next year →

FY2024: $7.0B

Explore Palo Alto Networks, Inc.

Core profile pages, annual revenue records, and related research hubs for this company.