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Palo Alto Networks, Inc. (PANW)
NASDAQ: PANW · Real-Time Price · USD
374.74
-15.18 (-3.89%)
At close: Sep 25, 2026, 4:00 PM EDT
374.60
-0.14 (-0.04%)
After-hours: Sep 25, 2026, 7:59 PM EDT

Palo Alto Networks Financials Overview

Millions USD. Fiscal year is Aug - Jul.

Revenue & Profits
Chart
Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Jul '26 Jul '25 Jul '24 Jul '23 Jul '22
Revenue
11,48011,4809,2218,0276,8935,502
Revenue Growth
24.50%24.50%14.88%16.46%25.29%29.26%
Gross Profit
8,0808,0806,7705,9684,9833,783
Operating Income
8098091,069684387.3-188.8
Net Income
3073071,1342,578439.7-267
Earnings Per Share
0.400.401.603.640.64-0.45
EPS Growth
-75.00%-75.00%-56.04%468.75%--

Revenue by Segment
Chart
Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Jul '26 Jul '25 Jul '24 Jul '23 Jul '22
Product
2,2802,2801,8021,6031,5781,363
Subscription
6,2396,2394,9744,1893,3352,539
Support
2,9612,9612,4452,2361,9791,599
Revenue (Total)
11,48011,4809,2218,0276,8935,502

Cash & Debt
Chart
Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Jul '26 Jul '25 Jul '24 Jul '23 Jul '22
Cash & Investments
3,0713,0712,9042,5792,3903,635
Total Debt
2,5672,5673381,3442,2713,953
Net Cash (Debt)
5045042,5661,234119.3-318.4
Net Cash Growth
-80.36%-80.36%107.87%934.70%--
Net Cash Per Share
0.660.663.621.740.17-0.54

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Jul '26 Jul '25 Jul '24 Jul '23 Jul '22
Operating Cash Flow
4,5534,5533,7163,2582,7781,985
Capital Expenditures
-440-440-247-157-146.3-192.8
Free Cash Flow
4,1134,1133,4693,1012,6311,792
Free Cash Flow Growth
18.56%18.56%11.87%17.85%46.84%29.19%

Margins
Chart
Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Jul '26 Jul '25 Jul '24 Jul '23 Jul '22
Gross Margin
70.38%70.38%73.42%74.35%72.29%68.76%
Operating Margin
7.05%7.05%11.59%8.52%5.62%-3.43%
Pretax Margin
4.67%4.67%17.31%12.31%8.22%-3.77%
Profit Margin
2.67%2.67%12.30%32.12%6.38%-4.85%
FCF Margin
35.83%35.83%37.62%38.63%38.17%32.57%

Valuation
Chart
Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Jul '26 Jul '25 Jul '24 Jul '23 Jul '22
PE Ratio
998.49880.92102.2540.79173.87-
Forward PE
89.4684.5449.0655.2751.4856.87
P/FCF Ratio
74.5365.7533.4333.9129.0627.75
PS Ratio
26.7023.5612.5813.1011.099.04