Stock Analysis on Net

Palo Alto Networks Inc. (NASDAQ:PANW)

Analysis of Revenues

Microsoft Excel

Revenues as Reported

Palo Alto Networks Inc., income statement, revenues

US$ in thousands

Microsoft Excel
12 months ended: Jul 31, 2023 Jul 31, 2022 Jul 31, 2021 Jul 31, 2020 Jul 31, 2019 Jul 31, 2018
Product 1,578,400 1,363,100 1,120,300 1,064,200 1,096,200 871,500
Subscription 3,335,400 2,539,000 1,898,800 1,405,300 1,032,700 759,600
Support 1,978,900 1,599,400 1,237,000 938,900 770,700 642,000
Subscription and support 5,314,300 4,138,400 3,135,800 2,344,200 1,803,400 1,401,600
Revenue 6,892,700 5,501,500 4,256,100 3,408,400 2,899,600 2,273,100

Based on: 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31), 10-K (reporting date: 2018-07-31).

Item Description The company
Revenue Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Palo Alto Networks Inc. revenue increased from 2021 to 2022 and from 2022 to 2023.