Palo Alto Networks Operating Income

The latest operating income for PANW is $880M as of April 2026. That compares with $990M in the prior-year period — down 10.8% year over year. Investors often review this figure alongside Palo Alto Networks's historical trend and sector peers before judging valuation or financial health.

Over the past year, PANW's operating income moved from $990M to $880M — a 10.8% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Palo Alto Networks's operating scale or balance-sheet position.

A operating income figure of $880M for PANW is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. Explore the charts below for those layers of context.

After noting PANW's operating income ($880M), review year-over-year change from $990M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.

This page's peer comparison chart is the fastest way to stack Palo Alto Networks's operating income against similar Technology names. You can also browse sector and industry screens on Stockcircle for a broader set of Technology companies and their key multiples and fundamentals.