Palo Alto Networks Research and Development Expenses 2011-2024 | PANW

Palo Alto Networks annual/quarterly research and development expenses history and growth rate from 2011 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Palo Alto Networks research and development expenses for the quarter ending January 31, 2024 were $0.448B, a 10.84% increase year-over-year.
  • Palo Alto Networks research and development expenses for the twelve months ending January 31, 2024 were $1.686B, a 12.73% increase year-over-year.
  • Palo Alto Networks annual research and development expenses for 2023 were $1.604B, a 13.14% increase from 2022.
  • Palo Alto Networks annual research and development expenses for 2022 were $1.418B, a 24.32% increase from 2021.
  • Palo Alto Networks annual research and development expenses for 2021 were $1.14B, a 48.47% increase from 2020.
Palo Alto Networks Annual Research and Development Expenses
(Millions of US $)
2023 $1,604
2022 $1,418
2021 $1,140
2020 $768
2019 $540
2018 $401
2017 $347
2016 $284
2015 $186
2014 $105
2013 $62
2012 $39
2011 $21
2010 $13
Palo Alto Networks Quarterly Research and Development Expenses
(Millions of US $)
2024-01-31 $448
2023-10-31 $410
2023-07-31 $414
2023-04-30 $414
2023-01-31 $404
2022-10-31 $372
2022-07-31 $364
2022-04-30 $355
2022-01-31 $359
2021-10-31 $340
2021-07-31 $325
2021-04-30 $311
2021-01-31 $267
2020-10-31 $237
2020-07-31 $216
2020-04-30 $196
2020-01-31 $185
2019-10-31 $171
2019-07-31 $159
2019-04-30 $139
2019-01-31 $128
2018-10-31 $113
2018-07-31 $110
2018-04-30 $100
2018-01-31 $97
2017-10-31 $94
2017-07-31 $87
2017-04-30 $86
2017-01-31 $90
2016-10-31 $84
2016-07-31 $77
2016-04-30 $74
2016-01-31 $74
2015-10-31 $60
2015-07-31 $53
2015-04-30 $48
2015-01-31 $47
2014-10-31 $37
2014-07-31 $33
2014-04-30 $28
2014-01-31 $24
2013-10-31 $20
2013-07-31 $18
2013-04-30 $16
2013-01-31 $15
2012-10-31 $13
2012-07-31 $12
2012-04-30 $10
2012-01-31 $9
2011-10-31 $8
2011-07-31
2010-07-31
Sector Industry Market Cap Revenue
Computer and Technology Internet Software $89.728B $6.893B
Palo Alto Networks, Inc. offers network security solutions to enterprises, service providers and government entities worldwide. The company's next generation firewall products deliver natively integrated application, user, and content visibility and control through its operating system, hardware and software architecture. It serves the enterprise network security market, which includes Firewall, Unified Threat Management, Web Gateway, Intrusion Detection and Prevention and Virtual Private Network technologies. Through its products and subscription services, Palo Alto provides integrated protection against dynamic security threats while simplifying the IT security infrastructure. Its solutions incorporate application-specific integrated circuits, hardware architecture, operating system, and associated security and networking functions. The company's network security gateways protect customer data, reduce security complexities and lower total cost of ownership.
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