Palo Alto Networks (PANW) Revenue — Quarter Ended Oct 31, 2025
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased compared to the same quarter one year earlier.
Key takeaway
Quarter ended Oct 31, 2025 · FY2026 Q1
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
-2.5%
Change from the immediately preceding quarter.
Year-over-year
+15.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.6B
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, 2025 | $2.3B | +14.3% |
| Apr 30, 2025 | $2.3B | +15.3% |
| Jul 31, 2025 | $2.5B | +15.8% |
| Oct 31, 2025 | $2.5B | +15.7% |
Revenue performance
The reported revenue reflects a sequential decrease from the prior quarter. The year-over-year comparison shows a notable increase.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. Compared to the same quarter one year ago, revenue was higher.
What to watch
The sequential decline in revenue may warrant monitoring in the context of the company's typical seasonal patterns.