PANW Q4 2026 Earnings — Income Statement Breakdown

For its Q4 2026 period (ending 2026-07-31), PANW reported revenue of $3.4B, gross profit of $2.3B (67.6% gross margin), operating income of $172M, and net income of −$282M (-8.3% net margin). The flow of revenue into costs and profit is visualized below.

What changed

PANW reported a net loss; revenue grew 13.6% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+13.6%−59.3%−2.4 pp

Consensus estimate data is not available for this report.

PANW Q4 2026 Income Statement

PANW Q4 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$3.4B100%
Cost of Revenue−$1.1B32.4%
Gross Profit$2.3B67.6%
Research & Development−$779M22.8%
Selling, General & Administrative−$1.4B39.7%
Operating Income$172M5.0%
Other Income, net−$441M12.9%
Income Tax Expense−$13M0.4%
Net Income−$282M-8.3%

Source: original SEC filing (filed 2026-09-01). Accession 0001327567-26-000019. Data normalized by EarningsFyi.