Palo Alto Networks Inc (PANW) › Cost of RevenuePalo Alto Networks Inc (PANW) — Cost of RevenueAnnual figures by fiscal year, from SEC filings.2011: $32.27M2012: $70.55M2013: $109.76M2014: $159.60M2015: $251.50M2016: $370.00M2017: $476.40M2018: $645.10M2019: $808.40M2020: $999.50M2021: $1.27B2022: $1.72B2023: $1.91B2024: $2.06B2025: $2.45B$2.45B2011Cost of Revenue (USD)2025Fiscal YearCost of RevenueChange YoY2025$2.45B+19.1%2024$2.06B+7.8%2023$1.91B+11.1%2022$1.72B+34.8%2021$1.27B+27.6%2020$999.50M+23.6%2019$808.40M+25.3%2018$645.10M+35.4%2017$476.40M+28.8%2016$370.00M+47.1%2015$251.50M+57.6%2014$159.60M+45.4%2013$109.76M+55.6%2012$70.55M+118.6%2011$32.27M—Other metrics: RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesShareholders' EquityCash & EquivalentsOperating Cash FlowCapital ExpendituresShares OutstandingDividends Per Share