Company research / PANW

Palo Alto Networks Inc (PANW)

CIK 0001327567 · Nasdaq · Computer Peripheral Equipment, NEC

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Jul 31

For the year ended 2026-07-31, Palo Alto Networks Inc reported revenue of $11.48B. Revenue grew 24.5% from the prior annual period.

Key ratios (year ended 2026-07-31)

70.4%
Gross margin
6.1%
Operating margin
2.7%
Net margin
1.1%
Return on year-end equity
24.5%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-14

Headquarters locality: Santa Clara · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Stock splits: 3-for-1, first reflected in a filing dated 2022-11-18; 2-for-1, first reflected in a filing dated 2025-02-14. Figures are as filed: per-share figures and share counts last reported before a split are on the old share basis, so changes and growth rates across a split are not shown. Splits are read from the filings' own restatements, so a share conversion in a merger or reorganization shows up the same way.

Period ended2026-07-312025-07-312024-07-312023-07-312022-07-312021-07-312020-07-312019-07-312018-07-312017-07-31
Revenue$11.48B$9.22B$8.03B$6.89B$5.50B$4.26B$3.41B$2.90B$2.27B$1.76B
Cost of Revenue$3.40B$2.45B$2.06B$1.91B$1.72B$1.27B$999.50M$808.40M$645.10M$476.40M
Gross Profit$8.08B$6.77B$5.97B$4.98B$3.78B$2.98B$2.41B$2.09B$1.63B$1.28B
R&D Expense$2.55B$1.98B$1.81B$1.60B$1.42B$1.14B$768.10M$539.50M$400.70M$347.40M
Operating Income$695.00M$1.24B$684.00M$387.30M-$188.80M-$304.10M-$179.00M-$54.10M-$104.20M-$165.80M
Depreciation & Amortization$855.00M$343.00M$284.00M$282.20M$282.60M$260.40M$206.10M$153.80M$96.40M$59.80M
EBITDA$1.55B$1.59B$968.00M$669.50M$93.80M-$43.70M$27.10M$99.70M-$7.80M-$106.00M
Net Income$307.00M$1.13B$2.58B$439.70M-$267.00M-$498.90M-$267.00M-$81.90M-$122.20M-$203.00M
EPS (Diluted)$0.40$1.60$3.64$0.64-$0.90-$1.73-$2.76-$0.87n/an/a
Total Assets$48.46B$23.58B$19.99B$14.50B$12.25B$10.24B$9.07B$6.59B$5.95B$3.44B
Total Liabilities$20.97B$15.75B$14.82B$12.75B$12.04B$9.48Bn/an/an/an/a
Long-Term Debtn/an/an/a$1.99B$3.68B$3.23B$3.08B$1.43B$1.92B$524.70M
Shareholders' Equity$27.49B$7.82B$5.17B$1.75B$210.00M$634.50M$1.10B$1.59B$1.16B$759.60M
Cash & Equivalents$2.51B$2.27B$1.53B$1.14B$2.12B$1.87B$2.96B$961.40M$2.51B$744.30M
Operating Cash Flow$4.55B$3.72B$3.26B$2.78B$1.98B$1.50B$1.04B$1.06B$1.04B$868.80M
Capital Expenditures$440.00M$247.00M$157.00M$146.30M$192.80M$116.00M$214.40M$131.20M$112.00M$163.40M
Free Cash Flow$4.11B$3.47B$3.10B$2.63B$1.79B$1.39B$821.30M$924.40M$926.10M$705.40M
Share Repurchases$1.00B$0$567.00M$272.70M$892.30M$1.18B$1.20B$330.00M$259.10M$411.00M
Shares Outstanding815.00M668.00M650.20M308.30M298.80M97.30M96.30M96.80M93.60M91.50M
Weighted Average Diluted Shares764.00M709.00M708.00M684.50M295.60M289.10M96.90M94.50Mn/an/a
EPS (Basic)$0.41$1.71$4.04$0.73-$0.90-$1.73-$2.76-$0.87n/an/a

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