Palo Alto Networks, Inc. (PANW)

Palo Alto Networks Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 30, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021	Jul 31, 2020
Net Income	1,238	2,578	439.7	-267	-498.9	-267
Depreciation & Amortization	258.5	206.1	202.7	220.2	212.6	222.2
Other Amortization	544.2	526.7	499.6	431.7	488.7	359.6
Asset Writedown & Restructuring Costs	-	-	-	-	-	-3.1
Loss (Gain) From Sale of Investments	-48.8	-60.1	-52.2	13.5	13.1	-6.2
Stock-Based Compensation	1,210	1,075	1,075	1,011	894.5	658.4
Other Operating Activities	-573.9	-1,978	62.4	51.3	44.4	-
Change in Accounts Receivable	-234.6	-154.3	-320.3	-902	-172.4	-435.6
Change in Accounts Payable	124.2	-15	1	69.3	-11.8	-12.8
Change in Unearned Revenue	1,376	2,181	2,302	1,970	1,196	893.3
Change in Other Net Operating Assets	-685.4	-1,101	-1,432	-613.4	-663.3	-373.1
Operating Cash Flow	3,208	3,258	2,778	1,985	1,503	1,036
Operating Cash Flow Growth	1.55%	17.29%	39.95%	32.05%	45.12%	-1.88%
Capital Expenditures	-207.3	-156.8	-146.3	-192.8	-116	-214.4
Cash Acquisitions	-499.5	-610.6	-204.5	-37	-777.3	-583.5
Investment in Securities	-903.9	-742.5	-1,683	-703.6	-587.3	1,086
Investing Cash Flow	-1,611	-1,510	-2,034	-933.4	-1,481	288
Long-Term Debt Issued	-	-	-	-	-	1,979
Long-Term Debt Repaid	-	-1,034	-1,692	-0.6	-0.9	-
Net Debt Issued (Repaid)	-781.9	-1,034	-1,692	-0.6	-0.9	1,979
Issuance of Common Stock	384.8	283.9	258.8	136.6	104	84
Repurchase of Common Stock	-187	-593.3	-293.1	-942.6	-1,207	-1,221
Other Financing Activities	-	-	-	-	-0.2	-169.3
Financing Cash Flow	-584.1	-1,343	-1,726	-806.6	-1,104	673
Net Cash Flow	1,013	404.6	-982.6	244.7	-1,082	1,997
Free Cash Flow	3,001	3,101	2,631	1,792	1,387	821.3
Free Cash Flow Growth	-0.39%	17.85%	46.84%	29.19%	68.88%	-11.15%
Free Cash Flow Margin	33.81%	38.63%	38.17%	32.57%	32.59%	24.10%
Free Cash Flow Per Share	4.24	4.38	3.84	3.03	2.40	1.41
Cash Interest Paid	5.6	5.6	20.2	20.2	20	13.5
Cash Income Tax Paid	342.3	342.3	147.1	34.6	24.9	17.2
Levered Free Cash Flow	3,175	2,499	2,107	1,374	1,722	983.29
Unlevered Free Cash Flow	3,176	2,500	2,118	1,384	1,682	964.83
Change in Net Working Capital	-752.6	-294	-238.9	-36.5	-502.3	-118.7

Updated May 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q