Palo Alto Networks, Inc. (PANW)

NASDAQ: PANW · Real-Time Price · USD

357.53

+9.47 (2.72%)

At close: Jul 6, 2026, 4:00 PM EDT

358.94

+1.41 (0.39%)

After-hours: Jul 6, 2026, 7:59 PM EDT

Palo Alto Networks Income Statement

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

Millions USD. Fiscal year is Aug - Jul.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 30, 2026	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
Revenue	10,607	9,222	8,028	6,893	5,502	4,256
Revenue Growth (YoY)	19.52%	14.87%	16.46%	25.29%	29.26%	24.87%
Cost of Revenue	2,977	2,452	2,059	1,910	1,719	1,275
Gross Profit	7,630	6,770	5,968	4,983	3,783	2,981
Selling, General & Admin	4,333	3,543	3,475	2,992	2,554	2,145
Research & Development	2,277	1,984	1,809	1,604	1,418	1,140
Total Operating Expenses	6,610	5,527	5,284	4,596	3,972	3,285
Operating Income	1,020	1,243	683.9	387.3	-188.8	-304.1
Interest Expense	-0.2	-3	-8.3	-27.2	-27.4	-163.3
Other Non-Operating Income (Expense)	376.8	355.8	312.7	206.2	9	2.4
Total Non-Operating Income (Expense)	376.6	352.8	304.4	179	-18.4	-160.9
Pretax Income	1,397	1,596	988.3	566.3	-207.2	-465
Provision for Income Taxes	553.8	461.8	-1,589	126.6	59.8	33.9
Net Income	842.9	1,134	2,578	439.7	-267	-498.9
Net Income to Common	842.9	1,134	2,578	439.7	-267	-498.9
Net Income Growth	-31.90%	-56.01%	486.22%	-	-	-
Shares Outstanding (Basic)	713	663	639	606	591	578
Shares Outstanding (Diluted)	733	709	708	685	591	578
Shares Change (YoY)	3.43%	0.20%	3.42%	15.78%	2.25%	-0.55%
EPS (Basic)	1.26	1.71	4.04	0.73	-0.45	-0.86
EPS (Diluted)	1.22	1.60	3.64	0.64	-0.45	-0.86
EPS Growth	-30.29%	-56.04%	468.75%	-	-	-
Free Cash Flow	3,794	3,470	3,101	2,631	1,792	1,387
Free Cash Flow Growth	9.34%	11.90%	17.85%	46.84%	29.19%	68.88%
Free Cash Flow Per Share	5.18	4.89	4.38	3.84	3.03	2.40
Gross Margin	71.94%	73.41%	74.35%	72.29%	68.76%	70.05%
Operating Margin	9.62%	13.48%	8.52%	5.62%	-3.43%	-7.15%
Profit Margin	7.95%	12.30%	32.11%	6.38%	-4.85%	-11.72%
FCF Margin	35.77%	37.63%	38.63%	38.17%	32.57%	32.59%
EBITDA	2,177	2,092	1,412	1,087	531	454.8
EBITDA Margin	20.53%	22.69%	17.59%	15.77%	9.65%	10.69%
EBIT	1,020	1,243	683.9	387.3	-188.8	-304.1
EBIT Margin	9.62%	13.48%	8.52%	5.62%	-3.43%	-7.15%
Effective Tax Rate	39.65%	28.94%	-160.81%	22.36%	-28.86%	-7.29%

SEC Filings: 10-K · 10-Q