Gross Profit Comparison: Palo Alto Networks, Inc. and Gen Digital Inc. Trends

Gross Profit Trends: Palo Alto Networks vs. Gen Digital

In the ever-evolving landscape of cybersecurity, financial performance is a key indicator of a company's resilience and growth. Over the past decade, Palo Alto Networks, Inc. and Gen Digital Inc. have showcased contrasting trajectories in their gross profit margins.

A Decade of Financial Evolution

From 2014 to 2024, Gen Digital Inc. experienced a significant decline in gross profit, dropping from a peak of $5.5 billion in 2014 to a low of $2.1 billion in 2020, before rebounding to $3.1 billion in 2024. This represents a 43% decrease at its lowest point, highlighting the challenges faced by the company.

Conversely, Palo Alto Networks, Inc. demonstrated robust growth, with gross profits surging from $438 million in 2014 to nearly $6 billion in 2024, marking an impressive 1,265% increase. This growth underscores Palo Alto Networks' strategic positioning and market adaptability, making it a formidable player in the cybersecurity sector.