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Palo Alto Networks, Inc. (PANW)
NASDAQ: PANW · Real-Time Price · USD
373.94
+43.29 (13.09%)
At close: Sep 14, 2026, 4:00 PM EDT
367.60
-6.34 (-1.70%)
Pre-market: Sep 15, 2026, 7:57 AM EDT

Palo Alto Networks Financials Overview

Millions USD. Fiscal year is Aug - Jul.

Revenue & Profits
Chart
Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
Revenue
3,4103,0022,5942,4742,5362,2892,2572,1392,1901,9851,9751,8781,9531,7211,6551,5631,5511,3871,3171,247
Revenue Growth
34.46%31.15%14.93%15.66%15.83%15.33%14.27%13.89%12.09%15.33%19.33%20.13%25.98%24.10%25.68%25.33%27.16%29.13%29.50%31.86%
Gross Profit
2,3042,0311,9091,8361,8571,6701,6581,5851,6161,4711,4761,4051,4471,2461,1891,1021,058946.2911.6866.8
Operating Income
184-74402297343225252249266176.7230.4215.2253.578.739.915.215.4-47.6-73.9-82.7
Net Income
-282-177432334254262267351357.7278.81,747194.2227.7107.884.2203.3-73.2-93.5-103.6
Earnings Per Share
-0.35-0.220.610.470.360.370.380.490.500.392.440.280.320.150.130.030.00-0.13-0.16-0.18
EPS Growth
--60.53%-4.08%-28.30%-5.13%-84.43%75.00%57.34%151.61%1852.00%833.33%6372.63%-------

Revenue by Segment
Chart
Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
Product
738594514434573.9452.7421.5353.8480.5391390.7341.1507.4388.1352.9330408.1351.5308295.5
Subscription
1,8391,6321,4041,3641,3151,2341,2331,1921,1281,0461,027988.3917.9838.1815.4764702.4639.8618578.8
Support
833776676676647.4601.9602.7593.2581.5548.2557.3548.7528494.7486.8469.4440395.4390.9373.1
Revenue (Total)
3,4103,0022,5942,4742,5362,2892,2572,1392,1891,9851,9751,8781,9531,7211,6551,5631,5511,3871,3171,247

Cash & Debt
Chart
Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
Cash & Investments
3,0713,1114,5364,2102,9043,3003,2333,3912,5792,8903,3713,8942,3903,9583,3473,8043,6353,8753,3403,461
Total Debt
2,5672,130459429338806970.41,0981,3441,5322,1852,2232,2713,9473,9553,9623,9533,9513,9563,972
Net Cash (Debt)
5049814,0773,7812,5662,4942,2632,2931,2341,3581,1871,671119.311.6-607.6-158-318.4-76.8-616-510.2
Net Cash Growth
-80.36%-60.67%80.20%64.92%107.87%83.65%90.69%37.18%934.70%11607.76%----------
Net Cash Per Share
0.621.225.735.333.623.533.193.231.741.911.662.390.170.02-0.92-0.23-0.47-0.13-1.05-0.87

Cash Flow & CapEx
Chart
Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
Operating Cash Flow
1,3578715541,7711,0216285571,510512.7528.96901,526414.1432.1694.61,237523.7389.5482.6588.9
Capital Expenditures
-103-83-170-84-87-68-48-44-47.4-37.4-35.2-36.8-37.2-31.2-38.3-39.6-39.2-38.3-80.7-34.6
Free Cash Flow
1,2547883841,6879345605091,466465.3491.5654.81,489376.9400.9656.31,197484.5351.2401.9554.3
Free Cash Flow Growth
34.26%40.71%-24.56%15.07%100.73%13.94%-22.27%-1.56%23.45%22.60%-0.23%24.40%-22.21%14.15%63.30%115.97%62.37%39.98%20.91%9.70%

Margins
Chart
Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
Gross Margin
67.57%67.66%73.59%74.21%73.23%72.96%73.46%74.10%73.80%74.12%74.73%74.83%74.05%72.41%71.83%70.45%68.25%68.23%69.22%69.49%
Operating Margin
5.40%-2.46%15.50%12.01%13.53%9.83%11.16%11.64%12.15%8.90%11.67%11.46%12.98%4.57%2.41%0.97%0.99%-3.43%-5.61%-6.63%
Pretax Margin
-7.89%-5.20%21.16%16.65%23.34%13.59%14.40%17.20%14.57%12.66%6.86%15.05%16.20%7.61%5.10%2.20%1.12%-3.79%-6.14%-7.31%
Profit Margin
-8.27%-5.90%16.65%13.50%10.02%11.45%11.83%16.41%16.34%14.05%88.45%10.34%11.66%6.26%5.09%1.28%0.21%-5.28%-7.10%-8.30%
FCF Margin
36.77%26.25%14.80%68.19%36.83%24.46%22.55%68.54%21.25%24.76%33.15%79.29%19.30%23.30%39.65%76.57%31.25%25.33%30.52%44.44%

Valuation
Chart
Fiscal QuarterQ4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022
Period EndingJul '26 Apr '26 Jan '26 Oct '25 Jul '25 Apr '25 Jan '25 Oct '24 Jul '24 Apr '24 Jan '24 Oct '23 Jul '23 Apr '23 Jan '23 Oct '22 Jul '22 Apr '22 Jan '22 Oct '21
PE Ratio
--96.22133.46102.25100.0096.4743.1240.7938.3546.88123.04173.87256.451398.42-----
Forward PE
84.5449.6444.9457.8249.0655.1156.8657.5055.2752.2060.5245.5851.4842.2545.1555.0956.8769.6567.9270.23
P/FCF Ratio
65.7538.3434.6040.4033.4341.2541.2838.3233.9131.1636.5325.8429.0620.1617.8421.0927.7534.4233.9134.75
PS Ratio
23.5613.7112.4715.6012.5813.9514.1214.2313.1012.0514.1810.4811.098.517.798.829.0410.6910.5110.95