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Palo Alto Networks, Inc. (PANW)
NASDAQ: PANW · Real-Time Price · USD
339.90
-11.00 (-3.13%)
At close: Aug 25, 2026, 4:00 PM EDT
337.50
-2.40 (-0.71%)
Pre-market: Aug 26, 2026, 6:30 AM EDT

Palo Alto Networks Financials Overview

Millions USD. Fiscal year is Aug - Jul.

Revenue & Profits
Chart
Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingApr '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 Jul '21
Revenue
10,6079,8949,5579,2228,8758,5708,2888,0287,7917,5277,2076,8936,4906,1565,8185,5025,1704,8584,5584,256
Revenue Growth
19.52%15.44%15.30%14.87%13.90%13.86%15.00%16.46%20.05%22.28%23.89%25.29%25.52%26.73%27.65%29.26%29.67%28.41%27.22%24.87%
Gross Profit
7,6337,2727,0216,7706,5296,3306,1485,9685,7995,5745,2874,9834,5954,2954,0183,7833,5853,3823,1802,981
Operating Income
967.81,2671,1171,069992943.7922.1888.3875.8777.8587.3387.3149.222.9-90.9-188.8-264.6-327.4-342.3-304.1
Net Income
842.91,2821,1171,1341,2381,2552,7342,5782,4482,277613.9439.7215.334.3-143.4-267-389.6-461.5-510.3-498.9
Earnings Per Share
1.151.801.581.601.741.773.843.643.463.230.890.640.330.05-0.24-0.45-0.66-0.79-0.88-0.86
EPS Growth
-34.06%1.65%-58.87%-56.04%-49.66%-45.17%332.06%468.75%939.97%5808.52%----------

Revenue by Segment
Chart
Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingApr '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 Jul '21
Product
2,1161,9751,8821,8021,7091,6471,6161,6031,6301,6271,5901,5781,4791,4431,3981,3631,2941,2321,1791,120
Subscription
5,7155,3175,1474,9744,7874,5984,3924,1893,9793,7713,5603,3353,1202,9222,7242,5392,3722,2062,0501,899
Support
2,7752,6012,5282,4452,3792,3262,2802,2362,1822,1292,0581,9791,8911,7921,6961,5991,5041,4201,3291,237
Revenue (Total)
10,6079,8949,5579,2228,8758,5708,2888,0287,7917,5277,2076,8936,4906,1565,8185,5025,1704,8584,5584,256

Cash & Debt
Chart
Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingApr '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 Jul '21
Cash & Investments
3,1114,5364,2102,9033,3003,2333,3912,5792,8903,3713,8942,3903,9583,3473,8043,6353,8753,3403,4612,901
Total Debt
2,130459429417.4806970.41,0981,3441,5322,1852,2232,2713,9473,9553,9623,9533,9513,9563,9723,539
Net Cash (Debt)
9814,0773,7812,4862,4942,2632,2931,2341,3581,1871,671119.311.6-607.6-158-318.4-76.8-616-510.2-638.3
Net Cash Growth
-60.67%80.20%64.92%101.38%83.65%90.69%37.18%934.70%11607.76%-----------
Net Cash Per Share
1.335.735.333.503.523.193.231.741.921.692.420.170.02-0.96-0.27-0.54-0.13-1.05-0.88-1.10

Cash Flow & CapEx
Chart
Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingApr '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 Jul '21
Operating Cash Flow
4,2173,9743,9773,7163,2083,1093,2423,2583,1593,0623,0672,7782,8872,8452,6331,9851,7871,6751,5571,503
Capital Expenditures
-423.2-408.2-286.2-246.2-207.4-176.8-164-156.8-146.6-140.4-143.5-146.3-148.3-155.4-197.8-192.8-181-169.6-121-116
Free Cash Flow
3,7943,5663,6913,4703,0002,9323,0783,1013,0122,9222,9232,6312,7392,6892,4351,7921,6061,5061,4361,387
Free Cash Flow Growth
26.45%21.63%19.93%11.90%-0.40%0.34%5.28%17.85%9.99%8.65%20.07%46.84%70.56%78.62%69.55%29.19%15.48%23.08%25.02%68.88%

Margins
Chart
Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingApr '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 Jul '21
Gross Margin
71.96%73.50%73.47%73.41%73.57%73.86%74.18%74.35%74.43%74.05%73.35%72.29%70.80%69.77%69.06%68.76%69.34%69.63%69.77%70.05%
Operating Margin
9.13%12.80%11.69%11.59%11.18%11.01%11.13%11.07%11.24%10.33%8.15%5.62%2.30%0.37%-1.56%-3.43%-5.12%-6.74%-7.51%-7.14%
Pretax Margin
13.17%18.84%17.16%17.30%14.91%14.74%12.95%12.31%12.65%11.50%11.30%8.22%4.12%1.36%-1.40%-3.77%-6.32%-8.74%-10.40%-10.93%
Profit Margin
7.95%12.96%11.69%12.30%13.95%14.64%32.99%32.11%31.41%30.24%8.52%6.38%3.32%0.56%-2.46%-4.85%-7.54%-9.50%-11.20%-11.72%
FCF Margin
35.77%36.04%38.62%37.63%33.81%34.21%37.13%38.63%38.66%38.82%40.56%38.17%42.20%43.69%41.85%32.57%31.06%30.99%31.51%32.59%

Valuation
Chart
Fiscal QuarterQ3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period EndingApr '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 Jul '21
PE Ratio
172.5396.22133.47102.26100.0096.4743.1240.7938.3546.88123.04173.87256.451398.42------
Forward PE
49.6444.9457.8249.0655.1156.8657.5055.2752.2060.5245.5851.4842.2545.1555.0956.8769.6567.9270.2360.84
P/FCF Ratio
38.3334.5940.3933.4241.2541.2838.3233.9131.1636.5325.8429.0620.1617.8421.0927.7534.4233.9134.7528.02
PS Ratio
13.7112.4715.6012.5713.9514.1214.2313.1012.0514.1810.4811.098.517.798.829.0410.6910.5110.959.13