Palo Alto Networks Cash Flow Statement

Financials in millions USD. Fiscal year is August - July.

Millions USD. Fiscal year is Aug - Jul.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2010 - 2020
Period Ending	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021	2010 - 2020
Net Income	1,134	2,578	439.7	-267	-498.9	Upgrade
Depreciation & Amortization	849.4	728	700	719.8	758.9	Upgrade
Stock-Based Compensation	1,295	1,075	1,075	1,011	894.5	Upgrade
Other Adjustments	-485.2	-2,034	12.5	-3.1	-0.1	Upgrade
Change in Receivables	-154.2	-1,020	-1,059	-932.1	-445	Upgrade
Changes in Accounts Payable	106.8	-15	1	69.3	-11.8	Upgrade
Changes in Accrued Expenses	198.8	388.3	9.6	-14.5	76.6	Upgrade
Changes in Unearned Revenue	1,238	2,181	2,302	1,970	1,196	Upgrade
Changes in Other Operating Activities	-466.7	-623.4	-702.5	-568.8	-467.3	Upgrade
Operating Cash Flow	3,716	3,258	2,778	1,985	1,503	Upgrade
Operating Cash Flow Growth	14.07%	17.29%	39.95%	32.05%	45.12%	Upgrade
Capital Expenditures	-246.2	-156.8	-146.3	-192.8	-116	Upgrade
Purchases of Investments	-3,696	-3,551	-5,460	-2,272	-1,959	Upgrade
Proceeds from Sale of Investments	2,792	2,809	3,777	1,568	1,372	Upgrade
Payments for Business Acquisitions	-1,054	-610.6	-204.5	-37	-777.3	Upgrade
Investing Cash Flow	-2,205	-1,510	-2,034	-933.4	-1,481	Upgrade
Long-Term Debt Repaid	-965.6	-1,034	-1,692	-0.6	-0.9	Upgrade
Net Long-Term Debt Issued (Repaid)	-965.6	-1,034	-1,692	-0.6	-0.9	Upgrade
Issuance of Common Stock	370.5	283.9	258.8	136.6	104	Upgrade
Repurchase of Common Stock	-183.8	-593.3	-293.1	-942.6	-1,207	Upgrade
Net Common Stock Issued (Repurchased)	186.7	-309.4	-34.3	-806	-1,103	Upgrade
Other Financing Activities	-	-	-	-	-0.2	Upgrade
Financing Cash Flow	-778.9	-1,343	-1,726	-806.6	-1,104	Upgrade
Net Cash Flow	732.4	404.6	-982.6	244.7	-1,082	Upgrade
Beginning Cash & Cash Equivalents	1,547	1,142	2,125	1,880	2,962	Upgrade
Ending Cash & Cash Equivalents	2,279	1,547	1,142	2,125	1,880	Upgrade
Free Cash Flow	3,470	3,101	2,631	1,792	1,387	Upgrade
Free Cash Flow Growth	11.90%	17.85%	46.84%	29.19%	68.88%	Upgrade
FCF Margin	37.63%	38.63%	38.17%	32.57%	32.59%	Upgrade
Free Cash Flow Per Share	4.89	4.38	3.84	3.03	2.40	Upgrade
Levered Free Cash Flow	1,849	4,046	911.2	1,715	936.7	Upgrade
Unlevered Free Cash Flow	2,563	4,285	2,464	1,740	1,110	Upgrade

Updated Jul 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.