Palo Alto Networks, Inc. (PANW)
NASDAQ: PANW · Real-Time Price · USD
342.15
-6.51 (-1.87%)
At close: Jul 21, 2026, 4:00 PM EDT
341.85
-0.30 (-0.09%)
After-hours: Jul 21, 2026, 7:59 PM EDT
Palo Alto Networks Cash Flow Statement
Financials in millions USD. Fiscal year is August - July.
Millions USD. Fiscal year is Aug - Jul.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 | Jul '21 Jul 31, 2021 |
Net Income | -177 | 432 | 334 | 253.9 | 262 | 267 | 351 | 357.7 | 278.8 | 1,747 | 194.2 | 227.7 | 107.8 | 84.2 | 20 | 3.3 | -73.2 | -93.5 | -103.6 | -119.3 |
Depreciation & Amortization | 501 | 198 | 226 | 232.4 | 214 | 207 | 195 | 199 | 184.4 | 176.1 | 168.5 | 182.1 | 167.5 | 167.1 | 183.3 | 195.2 | 177.9 | 173.7 | 173 | 210.7 |
Stock-Based Compensation | 643 | 301 | 370 | 354.1 | 326 | 320 | 295 | 268.9 | 263.5 | 272 | 271 | 254.2 | 271 | 283.3 | 266 | 239.6 | 247.3 | 265.1 | 259.1 | 230 |
Other Adjustments | -86 | 8 | -4 | -63.2 | -121 | -170 | -131 | -215.4 | -127 | -1,691 | -0.3 | 7.2 | 2.8 | - | - | - | - | - | - | - |
Change in Receivables | -251 | -708 | 1,747 | -925.2 | -341 | -385 | 1,497 | -1,356 | -188.5 | -481.9 | 1,007 | -1,426 | -411 | -113.9 | 892 | -901.9 | -288.4 | -140.1 | 428.4 | -473.7 |
Changes in Accounts Payable | 10 | 42 | -2 | -12.2 | 86 | -64 | 97 | 5.5 | -67.8 | 47.7 | -0.4 | 37.3 | -37 | 1.7 | -1 | 17.7 | -8.2 | 22.2 | 37.6 | -15.2 |
Changes in Accrued Expenses | -7 | 239 | -263 | 213.8 | 47 | 232.7 | -295 | 325.9 | -39.1 | 352.2 | -250.7 | 214.7 | -15.7 | 38.2 | -220.4 | 79 | 55.8 | 51.7 | -203.2 | 213.7 |
Changes in Unearned Revenue | 397 | 178 | -522 | 1,174 | 311 | 169 | -416 | 1,313 | 349.2 | 372.1 | 146.4 | 1,207 | 535.3 | 374 | 185.6 | 1,135 | 410.2 | 291 | 134.2 | 649 |
Changes in Other Operating Activities | -206 | -136 | -115 | -206.7 | -156 | -21 | -83 | -385.4 | -124.6 | -104.1 | -9.3 | -282.6 | -188.6 | -142.5 | -88.8 | -243.8 | -131.9 | -87.5 | -136.6 | -96.7 |
Operating Cash Flow | 871 | 554 | 1,771 | 1,021 | 628 | 557 | 1,510 | 512.7 | 528.9 | 690 | 1,526 | 414.1 | 432.1 | 694.6 | 1,237 | 523.7 | 389.5 | 482.6 | 588.9 | 325.8 |
Operating Cash Flow Growth | 38.69% | -0.54% | 17.29% | 99.14% | 18.74% | -19.28% | -1.05% | 23.81% | 22.40% | -0.66% | 23.39% | -20.93% | 10.94% | 43.93% | 110.00% | 60.74% | 40.21% | 32.40% | 10.10% | -2.37% |
Capital Expenditures | -83 | -170 | -84 | -86.2 | -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 | -27.4 |
Purchases of Investments | -496 | -524 | -1,401 | -874.9 | -1,089 | -1,072 | -660 | -1,065 | -475.1 | -1,157 | -854.7 | -999 | -742.1 | -1,607 | -2,113 | -975.3 | -241.1 | -616.2 | -439.1 | -464.8 |
Proceeds from Sale of Investments | 798 | 3,921 | 504 | 753.8 | 640 | 738 | 660 | 943.7 | 625.6 | 477 | 762.5 | 1,399 | 880.1 | 665.9 | 832.6 | 562 | 322.3 | 422.6 | 261.2 | 489.8 |
Payments for Business Acquisitions | -1,985 | -2,576 | -2 | -555.4 | 0 | 1 | -500 | 0 | 0 | -610.6 | - | 0 | -18.9 | - | - | -19.6 | 0 | 0 | -17.4 | 0 |
Investing Cash Flow | -1,766 | 651 | -983 | -762.7 | -517 | -381 | -544 | -168.5 | 113.1 | -1,326 | -129 | 362.6 | 87.9 | -1,165 | -1,320 | -472.1 | 42.9 | -274.3 | -229.9 | -2.4 |
Long-Term Debt Repaid | - | - | - | -382.6 | -151 | -113 | -319 | -199.6 | -661.8 | -126.3 | -46 | -1,692 | 0 | - | - | - | - | - | - | - |
Net Long-Term Debt Issued (Repaid) | - | - | - | -382.6 | -151 | -113 | -319 | -199.6 | -661.8 | -126.3 | -46 | -1,692 | 0 | - | - | - | - | - | - | - |
Issuance of Common Stock | 126 | 8 | 130 | 9.5 | 203 | 37 | 121 | 24.2 | 115.8 | 57.5 | 86.4 | 60.1 | 130.3 | 0.7 | 67.7 | 0.3 | 77.5 | 0.1 | 58.7 | 0.3 |
Repurchase of Common Stock | -16 | -108 | -1 | -0.8 | -5 | -156 | -22 | -3.9 | -503.4 | -3.8 | -82.2 | -2.9 | -2.1 | -251.5 | -36.6 | -352.8 | -11.2 | -558.6 | -20 | -335 |
Net Common Stock Issued (Repurchased) | 110 | -100 | 129 | 8.7 | 198 | -119 | 99 | 20.3 | -387.6 | 53.7 | 4.2 | 57.2 | 128.2 | -250.8 | 31.1 | -352.5 | 66.3 | -558.5 | 38.7 | -334.7 |
Other Financing Activities | -19 | -14 | -121 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 |
Financing Cash Flow | -899 | -114 | 8 | -373.9 | 47 | -232 | -220 | -179.3 | -1,049 | -72.6 | -41.8 | -1,635 | 128.2 | -250.8 | 31.1 | -353.1 | 66.3 | -558.5 | 38.7 | -335.6 |
Net Cash Flow | -1,792 | 1,091 | 796 | -115.6 | 158 | -56 | 746 | 164.9 | -407.4 | -708.1 | 1,355 | -858.1 | 648.2 | -720.7 | -52 | -301.5 | 498.7 | -350.2 | 397.7 | -12.2 |
Free Cash Flow | 788 | 384 | 1,687 | 934.8 | 560 | 509 | 1,466 | 465.3 | 491.5 | 654.8 | 1,489 | 376.9 | 400.9 | 656.3 | 1,197 | 484.5 | 351.2 | 401.9 | 554.3 | 298.4 |
Free Cash Flow Growth | 40.71% | -24.56% | 15.07% | 100.90% | 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% | -1.16% |
FCF Margin | 26.25% | 14.80% | 68.19% | 36.85% | 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% | 24.47% |
Free Cash Flow Per Share | 0.98 | 0.54 | 2.38 | 1.32 | 0.79 | 0.72 | 2.07 | 0.66 | 0.69 | 0.92 | 2.13 | 0.53 | 0.58 | 0.99 | 1.81 | 0.72 | 0.59 | 0.68 | 0.95 | 0.51 |
Levered Free Cash Flow | 435 | 783 | -426 | 1,187 | 545 | 629.7 | -514 | 1,569 | -118.3 | 2,429 | 165.9 | -143.2 | 538.1 | 484.4 | 39.1 | 1,147 | 392.3 | 276.9 | -133.2 | 814.8 |
Unlevered Free Cash Flow | 404.37 | 663.39 | -509.5 | 1,528 | 618.5 | 673.69 | -273.21 | 1,678 | 460.81 | 1,500 | 165.58 | 1,503 | 495.06 | 440.01 | 27.94 | 1,146 | 399.13 | 284.89 | -123.54 | 863.66 |