Palo Alto Networks, Inc. (NEO:PANW)

Palo Alto Networks Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Cash & Equivalents	2,269	1,535	1,135	2,119	1,874
Short-Term Investments	634.6	1,044	1,255	1,516	1,027
Cash & Short-Term Investments	2,903	2,579	2,390	3,635	2,901
Cash Growth	12.58%	7.90%	-34.24%	25.28%	-22.59%
Accounts Receivable	3,680	3,345	2,852	2,143	1,240
Other Receivables	-	-	-	111.3	79
Receivables	3,680	3,345	2,852	2,254	1,319
Prepaid Expenses	520.5	541.7	440.8	200.2	140.8
Restricted Cash	-	11.6	6.9	6.3	5.4
Other Current Assets	419.5	373.1	358.3	320.1	280.6
Total Current Assets	7,523	6,850	6,048	6,415	4,647
Property, Plant & Equipment	734.3	747	617.8	599.8	581.3
Long-Term Investments	5,556	4,173	3,048	1,052	888.3
Goodwill	4,567	3,350	2,927	2,748	2,710
Other Intangible Assets	762.7	504.1	447.5	515.4	613.4
Long-Term Accounts Receivable	1,002	1,182	653.3	-	-
Long-Term Deferred Tax Assets	2,424	2,399	23.1	-	-
Long-Term Deferred Charges	585.9	562	547.1	550.1	494.6
Other Long-Term Assets	421.8	223.7	189.6	373.8	306.6
Total Assets	23,576	19,991	14,501	12,254	10,242
Accounts Payable	232.2	116.3	132.3	128	56.9
Accrued Expenses	1,454	980.2	920.4	827.9	753.6
Current Portion of Long-Term Debt	-	963.9	1,992	3,677	1,558
Current Portion of Leases	-	65.9	-	-	-
Current Unearned Revenue	6,302	5,541	4,675	3,641	2,742
Other Current Liabilities	-	15.3	18.7	32.4	6.4
Total Current Liabilities	7,988	7,683	7,738	8,306	5,117
Long-Term Debt	-	-	-	-	1,668
Long-Term Leases	338.2	380.5	279.2	276.1	313.4
Long-Term Unearned Revenue	6,450	5,939	4,622	3,353	2,282
Long-Term Deferred Tax Liabilities	89.1	387.7	28.1	-	-
Other Long-Term Liabilities	886.8	430.9	86.1	108.4	226.8
Total Liabilities	15,752	14,821	12,753	12,044	9,607
Common Stock	5,292	3,821	3,019	1,933	2,311
Retained Earnings	2,484	1,350	-1,227	-1,667	-1,667
Comprehensive Income & Other	48.4	-1.6	-43.2	-55.6	-9.9
Shareholders' Equity	7,824	5,170	1,748	210	634.5
Total Liabilities & Equity	23,576	19,991	14,501	12,254	10,242
Total Debt	338.2	1,410	2,271	3,953	3,539
Net Cash (Debt)	2,565	1,169	119.3	-318.4	-638.3
Net Cash Growth	119.51%	879.46%	-	-	-
Net Cash Per Share	3.62	1.65	0.17	-0.54	-1.10
Filing Date Shares Outstanding	669.4	651.2	617.19	598.43	584.44
Total Common Shares Outstanding	669.4	650.2	616.6	597.6	583.8
Working Capital	-465.2	-833	-1,690	-1,891	-469.4
Book Value Per Share	11.69	7.95	2.84	0.35	1.09
Tangible Book Value	2,495	1,316	-1,626	-3,053	-2,689
Tangible Book Value Per Share	3.73	2.02	-2.64	-5.11	-4.61
Land	-	87.2	87.2	87.2	49.6
Machinery	-	514.7	479.8	449.4	392.4
Leasehold Improvements	-	274	268.9	249.3	231.6

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.