Palo Alto Networks (PANW) financial statements
+9579.8%since 2011
- FY2026 revenue
- $11.5B▲ +24.5%
- FY2026 net income
- $307M▼ −72.9%
- FY2026 diluted EPS
- $0.40▼ −75.0%
- FY2026 free cash flow
- $4.1B▲ +18.6%
Palo Alto Networks income statement
| USD millions | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Period ended | 31 Jul 2026 | 31 Jul 2025 | 31 Jul 2024 |
| Revenue | 11,480 | 9,221 | 8,027 |
| Gross profit | 8,077 | 6,770 | 5,968 |
| Operating income | 695 | 1,243 | 684 |
| Pretax income | 536 | 1,596 | 988 |
| Net income | 307 | 1,134 | 2,578 |
| Diluted earnings per share | 0.40 | 1.60 | 3.64 |
Palo Alto Networks balance sheet
| USD millions | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Period ended | 31 Jul 2026 | 31 Jul 2025 | 31 Jul 2024 |
| Cash and cash equivalents | 2,514 | 2,269 | 1,535 |
| Total assets | 48,460 | 23,576 | 19,991 |
| Total liabilities | 20,968 | 15,752 | 14,821 |
| Total equity | 27,492 | 7,824 | 5,169 |
Palo Alto Networks cash flow statement
| USD millions | FY2026 | FY2025 | FY2024 |
|---|---|---|---|
| Period ended | 31 Jul 2026 | 31 Jul 2025 | 31 Jul 2024 |
| Operating cash flow | 4,553 | 3,716 | 3,258 |
| Capital expenditure | -440 | -247 | -157 |
| Free cash flow (derived) | 4,113 | 3,469 | 3,101 |
| Share repurchases | -1,000 | 0 | -567 |
Quarterly highlights
| USD millions | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 |
|---|---|---|---|---|
| Period ended | 31 Jul 2026 | 30 Apr 2026 | 31 Jan 2026 | 31 Oct 2025 |
| Revenue (derived) | 3,410 | 3,002 | 2,594 | 2,474 |
| Operating income (derived) | 172 | -183 | 397 | 309 |
| Net income (derived) | -282 | -177 | 432 | 334 |
| Diluted earnings per share | n/a | -0.22 | 0.61 | 0.47 |
| Operating cash flow (derived) | 1,357 | 871 | 554 | 1,771 |
| Total assets | 48,460 | 46,266 | 24,979 | 23,536 |
Palo Alto Networks major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Vanguard Capital Management | 7.4% | 60,785,782 | 30 April 2026 |
Palo Alto Networks 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 10 September 2026 | 10-K | Annual report | Annual report |
| 1 September 2026 | 8-K | Current report | Current report |
| 21 August 2026 | 8-K | Current report | Current report |
| 2 June 2026 | 10-Q | Quarterly report | Quarterly report |
| 2 June 2026 | 8-K | Current report | Current report |
| 11 April 2026 | 8-K | Current report | Current report |
| 23 March 2026 | 8-K | Current report | Current report |
| 11 March 2026 | 8-K | Current report | Current report |
Common questions
What was Palo Alto Networks' revenue in fiscal 2026?
Palo Alto Networks reported $11.5 billion in revenue for fiscal 2026, the year ended 31 July 2026, up 24.5% from fiscal 2025.
What was Palo Alto Networks' net income in fiscal 2026?
Palo Alto Networks reported net income of $307 million for fiscal 2026, the year ended 31 July 2026, down 72.9% from fiscal 2025. Diluted earnings per share were $0.40.
What was Palo Alto Networks' free cash flow in fiscal 2026?
Palo Alto Networks had $4.1 billion in free cash flow in fiscal 2026. Operating cash flow was $4.6 billion and capital expenditure was $440 million.
What were Palo Alto Networks' total assets at the end of fiscal 2026?
Palo Alto Networks reported total assets of $48.5 billion at the end of fiscal 2026, the year ended 31 July 2026.
How much Palo Alto Networks history do I get?
Every account gets the full history, annual and quarterly, with first reported values and as of dates.
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