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operation-income-chart

PANW Operation Income

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The latest data point in Q3'26 shows operating income of -186M USD, marking the first negative result in the observed period and a sharp reversal from the 397M USD recorded in Q2'26. From Q4'23 to Q3'26, operating income exhibited significant volatility with a general upward trajectory that peaked at 497M USD in Q4'25 before the dramatic decline; YoY growth rates fluctuated substantially, ranging from a high of 15.5% in Q4'23 to the current -185% in Q3'26, indicating the company experienced consistent profitability until the most recent quarter's substantial loss.