# Palo Alto Networks Inc. (PANW) — Operating Income

## Annual Operating Income (USD)

| Year | Operating Income |
| --- | --- |
| 2025 | $1.24B |
| 2024 | $684M |
| 2023 | $387M |
| 2022 | -$189M |
| 2021 | -$304M |
| 2020 | -$179M |
| 2019 | -$54M |
| 2018 | -$104M |
| 2017 | -$166M |
| 2016 | -$157M |
| 2015 | -$100M |
| 2014 | -$215M |
| 2013 | -$19M |
| 2012 | $4M |
| 2011 | -$10M |

## Quarterly Operating Income (USD)

| Quarter | Operating Income |
| --- | --- |
| 2026-04-30 | -$183M |
| 2026-01-31 | $397M |
| 2025-10-31 | $309M |
| 2025-04-30 | $219M |
| 2025-01-31 | $241M |
| 2024-10-31 | $286M |
| 2024-04-30 | $177M |
| 2024-01-31 | $54M |
| 2023-10-31 | $215M |
| 2023-04-30 | $79M |
| 2023-01-31 | $40M |
| 2022-10-31 | $15M |
| 2022-04-30 | -$48M |
| 2022-01-31 | -$74M |
| 2021-10-31 | -$83M |
| 2021-04-30 | -$110M |
| 2021-01-31 | -$89M |
| 2020-10-31 | -$45M |
| 2020-04-30 | -$57M |
| 2020-01-31 | -$53M |
| 2019-10-31 | -$52M |
| 2019-04-30 | -$19M |
| 2019-01-31 | $7M |
| 2018-10-31 | -$32M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/PANW/operating-income)