Palo Alto Networks vs Xerox: revenue, profit, margins and growth compared
Palo Alto Networks brought in $11.5B of revenue in fiscal 2026, Xerox $7B in fiscal 2025. Revenue changed by +24.5% at Palo Alto Networks and +12.9% at Xerox on the year before, so Palo Alto Networks grew faster. Palo Alto Networks kept 2.7% of its revenue as net profit, Xerox -14.7%. Free cash flow was $4.1B at Palo Alto Networks and $187M at Xerox.
Fiscal years as each company reports them; the two may end in different months.
Questions about Palo Alto Networks and Xerox
Which is bigger by revenue, Palo Alto Networks or Xerox?
Palo Alto Networks is bigger by revenue: $11.5B in fiscal 2026, against $7B for Xerox in fiscal 2025.
Which keeps more of its revenue as profit, Palo Alto Networks or Xerox?
Palo Alto Networks had a net margin of 2.7% in fiscal 2026; Xerox had -14.7% in fiscal 2025.
Which grew revenue faster, Palo Alto Networks or Xerox?
In their latest fiscal years revenue changed by +24.5% at Palo Alto Networks and +12.9% at Xerox.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.