Palo Alto Networks, Inc. (PANW)
NASDAQ: PANW · Real-Time Price · USD
161.95
-1.26 (-0.77%)
At close: Apr 6, 2026, 4:00 PM EDT
161.87
-0.08 (-0.05%)
Pre-market: Apr 7, 2026, 5:16 AM 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 | 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 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Apr '21 Apr 30, 2021 |
Net Income | 1,282 | 1,117 | 1,134 | 1,238 | 1,255 | 2,734 | 2,578 | 2,448 | 2,277 | 613.9 | 439.7 | 215.3 | 34.3 | -143.4 | -267 | -389.6 | -461.5 | -510.3 | -498.9 | -438.5 |
Depreciation & Amortization | 870.6 | 880.1 | 849.1 | 816.3 | 785.9 | 754.5 | 728 | 711.1 | 694.2 | 685.2 | 700 | 713.1 | 723.5 | 730.1 | 719.8 | 735.3 | 751.1 | 760.3 | 758.9 | 731.8 |
Stock-Based Compensation | 1,351 | 1,370 | 1,295 | 1,210 | 1,147 | 1,099 | 1,075 | 1,061 | 1,068 | 1,080 | 1,075 | 1,060 | 1,036 | 1,018 | 1,011 | 1,002 | 987.3 | 947.8 | 894.5 | 838.7 |
Other Adjustments | -180.2 | -358.5 | -485.5 | -636.9 | -643.7 | -2,164 | -2,034 | -1,811 | -1,681 | 10.95 | 12.5 | 4.05 | 1.25 | - | -3.1 | - | - | - | -0.1 | 0 |
Change in Receivables | -227.2 | 95.8 | -154.2 | -586 | -432.9 | -529.8 | -1,020 | -1,090 | -1,312 | -944.4 | -1,059 | -534.8 | -412.2 | -438.4 | -902 | -473.8 | -282.8 | -126.3 | -172.4 | -67.1 |
Changes in Accounts Payable | 113.8 | 7.8 | 106.8 | 124.2 | -29.3 | 82.4 | -15 | 16.8 | 47.6 | 1.6 | 1 | -18.6 | 10.2 | 30.7 | 69.3 | 36.4 | 71.6 | 43.5 | -11.8 | 13.4 |
Changes in Accrued Expenses | 237.1 | 230.8 | 198.8 | 312 | 224.5 | 344 | 388.3 | 277.1 | 300.5 | -13.5 | 16.8 | -118.9 | -47.4 | -33.9 | -16.7 | 118 | 46.4 | 28.2 | 76.6 | 17.5 |
Changes in Unearned Revenue | 1,141 | 1,132 | 1,238 | 1,376 | 1,415 | 1,618 | 2,181 | 2,075 | 2,261 | 2,263 | 2,302 | 2,230 | 2,104 | 2,021 | 1,970 | 1,484 | 1,287 | 1,194 | 1,196 | 986.7 |
Changes in Other Operating Activities | -613.7 | -499.2 | -467.2 | -646.5 | -614.5 | -697.1 | -623.4 | -188.4 | -252.4 | -290.8 | -370.3 | -663.7 | -607 | -552 | -599.8 | -452.7 | -451 | -507 | -467.3 | -570 |
Operating Cash Flow | 3,974 | 3,977 | 3,716 | 3,208 | 3,109 | 3,242 | 3,258 | 3,159 | 3,062 | 3,067 | 2,778 | 2,887 | 2,845 | 2,633 | 1,985 | 1,787 | 1,675 | 1,557 | 1,503 | 1,511 |
Operating Cash Flow Growth | 27.84% | 22.69% | 14.07% | 1.55% | 1.52% | 5.70% | 17.29% | 9.42% | 7.65% | 16.50% | 39.95% | 61.58% | 69.81% | 69.08% | 32.05% | 18.26% | 19.39% | 15.73% | 45.12% | 61.85% |
Capital Expenditures | -408.2 | -286.2 | -246.2 | -207.3 | -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 | -120.4 |
Purchases of Investments | -3,889 | -4,437 | -3,696 | -3,886 | -3,272 | -3,357 | -3,551 | -3,486 | -3,753 | -4,202 | -5,460 | -5,437 | -4,936 | -3,945 | -2,272 | -1,761 | -1,902 | -1,568 | -1,959 | -2,379 |
Proceeds from Sale of Investments | 5,819 | 2,636 | 2,792 | 2,982 | 2,967 | 2,706 | 2,809 | 3,264 | 3,518 | 3,707 | 3,777 | 2,941 | 2,383 | 2,140 | 1,568 | 1,496 | 1,521 | 1,435 | 1,372 | 1,131 |
Payments for Business Acquisitions | -3,133 | -556.4 | -1,054 | -499.5 | -499 | -1,111 | -610.6 | -610.6 | -629.5 | -111.7 | -204.5 | -224.1 | -112.4 | -19.6 | -37 | -17.4 | -164.2 | -569.6 | -777.3 | -777.3 |
Investing Cash Flow | -1,612 | -2,644 | -2,205 | -1,611 | -980.4 | -1,925 | -1,510 | -978.8 | -1,004 | -843 | -2,034 | -2,869 | -2,914 | -2,023 | -933.4 | -463.7 | -714.2 | -824.3 | -1,481 | -2,146 |
Long-Term Debt Repaid | -533.6 | -646.6 | -965.6 | -781.9 | -1,293 | -1,307 | -1,034 | -2,526 | -1,864 | -1,738 | -1,692 | 0 | - | - | -0.6 | - | - | - | -0.9 | - |
Net Long-Term Debt Issued (Repaid) | -533.6 | -646.6 | -965.6 | -781.9 | -1,293 | -1,307 | -1,034 | -2,526 | -1,864 | -1,738 | -1,692 | 0 | - | - | -0.6 | - | - | - | -0.9 | - |
Issuance of Common Stock | 350.5 | 379.5 | 370.5 | 384.8 | 298 | 318.5 | 283.9 | 319.8 | 334.3 | 277.5 | 258.8 | 199 | 146.2 | 145.6 | 136.6 | 136.6 | 117.1 | 117.3 | 104 | 104 |
Repurchase of Common Stock | -114.8 | -162.8 | -183.8 | -187 | -685.3 | -533.1 | -593.3 | -592.3 | -91 | -338.7 | -293.1 | -643 | -652.1 | -959.2 | -942.6 | -924.8 | -1,270 | -717.2 | -1,207 | -877.8 |
Net Common Stock Issued (Repurchased) | 235.7 | 216.7 | 186.7 | 197.8 | -387.3 | -214.6 | -309.4 | -272.5 | 243.3 | -61.2 | -34.3 | -444 | -505.9 | -813.6 | -806 | -788.2 | -1,153 | -599.9 | -1,103 | -773.8 |
Other Financing Activities | -135 | -121 | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | -0.2 | -0.2 |
Financing Cash Flow | -432.9 | -550.9 | -778.9 | -584.1 | -1,681 | -1,521 | -1,343 | -2,799 | -1,621 | -1,799 | -1,726 | -444.6 | -506.5 | -814.2 | -806.6 | -789.1 | -1,154 | -600.8 | -1,104 | 1,037 |
Net Cash Flow | 1,929 | 782.4 | 732.4 | 1,013 | 447.5 | -204.6 | 404.6 | -618.4 | 437.2 | 424.6 | -982.6 | -426 | -575.5 | -205 | 244.7 | 534 | -193 | 131.9 | -1,082 | 402.2 |
Free Cash Flow | 3,566 | 3,691 | 3,470 | 3,001 | 2,932 | 3,078 | 3,101 | 3,012 | 2,922 | 2,923 | 2,631 | 2,739 | 2,689 | 2,435 | 1,792 | 1,606 | 1,506 | 1,436 | 1,387 | 1,391 |
Free Cash Flow Growth | 21.63% | 19.93% | 11.90% | -0.39% | 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% | 99.27% |
FCF Margin | 36.04% | 38.62% | 37.63% | 33.81% | 34.21% | 37.13% | 38.63% | 38.66% | 38.82% | 40.56% | 38.17% | 42.20% | 43.68% | 41.85% | 32.57% | 31.06% | 30.99% | 31.51% | 32.59% | 34.87% |
Free Cash Flow Per Share | 5.03 | 5.21 | 4.90 | 4.24 | 4.14 | 4.33 | 4.38 | 4.26 | 4.16 | 4.24 | 3.87 | 4.08 | 4.15 | 3.87 | 2.94 | 2.73 | 2.57 | 2.47 | 2.40 | 2.41 |
Levered Free Cash Flow | 2,089 | 1,936 | 1,848 | 2,231 | 1,566 | 3,366 | 4,046 | 2,666 | 3,322 | 1,377 | 1,251 | 2,208 | 2,063 | 1,855 | 1,682 | 1,351 | 1,074 | 887.2 | 936.7 | 620.5 |
Unlevered Free Cash Flow | 2,319 | 2,328 | 2,563 | 2,696 | 2,541 | 3,860 | 4,285 | 4,480 | 4,491 | 2,944 | 2,804 | 2,113 | 2,038 | 1,839 | 1,707 | 1,425 | 1,179 | 1,029 | 1,110 | 780.07 |
Updated Feb 17, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.