Palo Alto Networks
PANWQ1 2023(PANW Q2 FY2023)Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$1.4B
AI Revenue (Q)
$43.0M
Total Revenue (Q)
$1.7B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Q2 FY2023 (3 months ended January 31, 2023) revenue was $1,655.1M (Product $352.9M, Subscription/Support $1,302.2M). No AI revenue disclosure. XSIAM continuing early adoption phase. Subscription revenue growing 29% YoY ($1,302.2M vs $1,008.9M prior year) driven by cloud security services broadly, not specifically AI. Slight increase to 2.5% to reflect XSIAM initial customer wins. Math: $1,655.1M x 2.5% = ~$41M.
Analyzed by claude-opus-4-6
Quoted Figures
Total revenue $1,655.1M for three months ended January 31, 2023 (Product $352.9M, Subscription and support $1,302.2M)
10-Q Q2 FY2023, Condensed Consolidated Statements of Operations
AI Products Identified (Ring 1)
Cortex XSIAMCortex XDRAIOps
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
ML-Powered Next-Generation FirewallsAdvanced Threat Prevention
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix