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Palo Alto Networks, Inc. (PANW)
NASDAQ: PANW · Real-Time Price · USD
418.78
+20.28 (5.09%)
At close: Oct 9, 2026, 4:00 PM EDT
418.85
+0.07 (0.02%)
After-hours: Oct 9, 2026, 7:59 PM 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
11,48010,6079,8949,5579,2218,8758,5708,2888,0277,7917,5277,2076,8936,4906,1565,8185,5025,1704,8584,558
Revenue Growth
24.50%19.52%15.44%15.30%14.88%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%
Gross Profit
8,0807,6337,2727,0216,7706,5296,3306,1485,9685,7995,5745,2874,9834,5954,2954,0183,7833,5853,3823,180
Operating Income
809967.81,2671,1171,069992943.7922.1684875.8777.8587.3387.3149.222.9-90.9-188.8-264.6-327.4-342.3
Net Income
307842.91,2821,1171,1341,2381,2552,7342,5782,4482,277613.9439.7215.334.3-143.4-267-389.6-461.5-510.3
Earnings Per Share
0.401.151.801.581.601.741.773.843.643.463.230.890.640.330.05-0.24-0.45-0.66-0.79-0.88
EPS Growth
-75.00%-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 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
2,2802,1161,9751,8821,8021,7091,6471,6161,6031,6301,6271,5901,5781,4791,4431,3981,3631,2941,2321,179
Subscription
6,2395,7155,3175,1474,9744,7874,5984,3924,1893,9793,7713,5603,3353,1202,9222,7242,5392,3722,2062,050
Support
2,9612,7752,6012,5282,4452,3792,3262,2802,2362,1822,1292,0581,9791,8911,7921,6961,5991,5041,4201,329
Revenue (Total)
11,48010,6069,8939,5569,2218,8748,5708,2888,0277,7917,5277,2076,8936,4906,1565,8185,5025,1704,8584,558

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
0.661.335.735.333.623.523.193.231.741.921.692.420.170.02-0.96-0.27-0.54-0.13-1.05-0.88

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
4,5534,2173,9743,9773,7163,2083,1093,2423,2583,1593,0623,0672,7782,8872,8452,6331,9851,7871,6751,557
Capital Expenditures
-440-423.2-408.2-286.2-247-207.4-176.8-164-157-146.6-140.4-143.5-146.3-148.3-155.4-197.8-192.8-181-169.6-121
Free Cash Flow
4,1133,7943,5663,6913,4693,0002,9323,0783,1013,0122,9222,9232,6312,7392,6892,4351,7921,6061,5061,436
Free Cash Flow Growth
18.56%26.45%21.63%19.93%11.87%-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%

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
70.38%71.96%73.50%73.47%73.42%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%
Operating Margin
7.05%9.13%12.80%11.69%11.59%11.18%11.01%11.13%8.52%11.24%10.33%8.15%5.62%2.30%0.37%-1.56%-3.43%-5.12%-6.74%-7.51%
Pretax Margin
4.67%13.17%18.84%17.16%17.31%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%
Profit Margin
2.67%7.95%12.96%11.69%12.30%13.95%14.64%32.99%32.12%31.41%30.24%8.52%6.38%3.32%0.56%-2.46%-4.85%-7.54%-9.50%-11.20%
FCF Margin
35.83%35.77%36.04%38.62%37.62%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%

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
880.92172.5396.22133.47102.25100.0096.4743.1240.7938.3546.88123.04173.87256.451398.42-----
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
65.7538.3334.5940.3933.4341.2541.2838.3233.9131.1636.5325.8429.0620.1617.8421.0927.7534.4233.9134.75
PS Ratio
23.5613.7112.4715.6012.5813.9514.1214.2313.1012.0514.1810.4811.098.517.798.829.0410.6910.5110.95