Palo Alto Networks (PANW) Revenue — Quarter Ended Oct 31, 2024
Revenue declined from the prior quarter but rose compared to the same quarter last year. The sequential decrease contrasts with the year-over-year growth.
Key takeaway
Quarter ended Oct 31, 2024 · FY2025 Q1
Revenue declined from the prior quarter but rose compared to the same quarter last year. The sequential decrease contrasts with the year-over-year growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
-2.3%
Change from the immediately preceding quarter.
Year-over-year
+13.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 31, 2024 | $2B | +19.3% |
| Apr 30, 2024 | $2B | +15.3% |
| Jul 31, 2024 | $2.2B | +12.1% |
| Oct 31, 2024 | $2.1B | +13.9% |
Revenue performance
The reported revenue decreased relative to the immediately preceding quarter. This marks a reversal from the prior quarter's sequential increase.
Quarterly comparison
Compared with the same quarter one year earlier, revenue increased. The sequential decline from the prior quarter stands in contrast to the year-over-year gain.
What to watch
Monitor whether the sequential revenue decline continues in future quarters.