PANW Gross Margin
Percentage of revenue retained after cost of goods sold.
Gross Margin
Latest: 67.6% (Q4 FY2026)
| Period | Value |
|---|---|
| Q1 FY2024 | 74.8% |
| Q2 FY2024 | 74.7% |
| Q3 FY2024 | 74.1% |
| Q4 FY2024 | 73.8% |
| Q1 FY2025 | 74.1% |
| Q2 FY2025 | 73.5% |
| Q3 FY2025 | 73.0% |
| Q4 FY2025 | 73.2% |
| Q1 FY2026 | 74.2% |
| Q2 FY2026 | 73.6% |
| Q3 FY2026 | 67.5% |
| Q4 FY2026 | 67.6% |
Other PANW Charts
More quarter-by-quarter fundamentals for Palo Alto Networks, Inc.
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Revenue
EPS
Free Cash Flow
FCF Margin
P/E Ratio
Cumulative FCF
Shares Outstanding
Total Assets
Total Debt
Rule of 40
Networking & Security Comparison
1 / 3
Gross Margin
Gross Margin
Gross Margin
Latest Gross Margin: 67.6% (Q4 FY2026); −5.6 pp YoY.
Across the 12 quarters from Q1 FY2024 to Q4 FY2026, Gross Margin ranged from 67.5% in Q3 FY2026 to 74.8% in Q1 FY2024.