Palo Alto Networks, Inc. (PANW)

NASDAQ: PANW · Real-Time Price · USD

374.74

-15.18 (-3.89%)

At close: Sep 25, 2026, 4:00 PM EDT

374.60

-0.14 (-0.04%)

After-hours: Sep 25, 2026, 7:59 PM EDT

Palo Alto Networks Income Statement

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

Millions USD. Fiscal year is Aug - Jul.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul '26 Jul 31, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022
Revenue	11,480	9,221	8,027	6,893	5,502
Revenue Growth	24.50%	14.88%	16.46%	25.29%	29.26%
Cost of Revenue	3,400	2,451	2,059	1,910	1,719
Gross Profit	8,080	6,770	5,968	4,983	3,783
Selling, General & Admin	4,720	3,717	3,474	2,992	2,554
Research & Development	2,551	1,984	1,810	1,604	1,418
Operating Expenses	7,271	5,701	5,284	4,596	3,972
Operating Income	809	1,069	684	387.3	-188.8
Interest Expense	-	-3	-8	-27.2	-27.4
Interest & Investment Income	374	364	318	224.4	15.6
Currency Exchange Gain (Loss)	-35	-33	-	-7.9	1.8
Other Non Operating Income (Expenses)	-498	25	-6	-10.3	-8.4
EBT Excluding Unusual Items	650	1,422	988	566.3	-207.2
Merger & Restructuring Charges	-226	-	-	-	-
Legal Settlements	-5	39	-	-	-
Other Unusual Items	117	135	-	-	-
Pretax Income	536	1,596	988	566.3	-207.2
Income Tax Expense	229	462	-1,590	126.6	59.8
Net Income	307	1,134	2,578	439.7	-267
Net Income to Common	307	1,134	2,578	439.7	-267
Net Income Growth	-72.93%	-56.01%	486.31%	-	-
Shares Outstanding (Basic)	749	663	638	606	591
Shares Outstanding (Diluted)	764	709	708	685	591
Shares Change	7.76%	0.14%	3.43%	15.78%	2.25%
EPS (Basic)	0.41	1.71	4.04	0.73	-0.45
EPS (Diluted)	0.40	1.60	3.64	0.64	-0.45
EPS Growth	-75.00%	-56.04%	468.75%	-	-

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul '26 Jul 31, 2026	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022
Free Cash Flow	4,113	3,469	3,101	2,631	1,792
Free Cash Flow Per Share	5.38	4.89	4.38	3.84	3.03
Gross Margin	70.38%	73.42%	74.35%	72.29%	68.76%
Operating Margin	7.05%	11.59%	8.52%	5.62%	-3.43%
Profit Margin	2.67%	12.30%	32.12%	6.38%	-4.85%
Free Cash Flow Margin	35.83%	37.62%	38.63%	38.17%	32.57%
EBITDA	1,560	1,329	890	590	31.4
EBITDA Margin	13.59%	14.41%	11.09%	8.56%	0.57%
D&A For EBITDA	751	260	206	202.7	220.2
EBIT	809	1,069	684	387.3	-188.8
EBIT Margin	7.05%	11.59%	8.52%	5.62%	-3.43%
Effective Tax Rate	42.72%	28.95%	-	22.36%	-
Revenue as Reported	11,480	9,221	8,027	6,893	5,502

SEC Filings: 10-K · 10-Q