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Palo Alto Networks Inc

PANW

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Financial Statements

Values in Millions ($)
2026-04-30
2026-01-31
2025-10-31
2025-07-31
2025-04-30
2025-01-31
2024-10-31
2024-07-31
2024-04-30
2024-01-31
2023-10-31
2023-07-31
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
2,3644,1583,0662,2692,3832,2262,2831,5351,3741,7832,4911,135
Short Term Investments
7473781,1446359171,0071,1081,0441,5171,5891,4021,255
Accounts Receivable Net Current
2,8522,1161,3432,9651,9501,4961,1332,6191,7151,8961,4132,463
Notes And Loans Receivable Net Current
591672737715737755805726572446446389
Contract With Customer Asset Net Current
--------337328329-
Capitalized Contract Cost Net Current
454424415420387376368369---339
Prepaid Expense And Other Assets Current
705621605521524480546557404406396467
Assets Current
7,7138,3697,3107,5236,8996,3406,2436,8505,9196,4476,4786,048
Property Plant And Equipment Net
506485394387367358361361350352353355
Operating Lease Right Of Use Asset
678368353347357373389386370356274263
Long Term Investments
3,8813,3625,9825,5565,1524,5604,1204,1733,5043,6202,9893,048
Notes And Loans Receivable Net Noncurrent
7798708551,0021,0691,1641,0921,182883640640653
Contract With Customer Asset Net Noncurrent
--------511505515-
Capitalized Contract Cost Net Noncurrent
551526546586528523532562---547
Goodwill
21,9026,9314,5674,5674,0514,0514,0513,3503,3733,3732,9272,927
Intangible Assets Net Excluding Goodwill
7,2831,249723763730771810375408440291315
Deferred Income Tax Assets Net
2,3802,3922,4162,4242,4522,4472,3982,3992,2922,234-23
Other Assets Noncurrent
593427390422397365380353321326343322
Assets
46,26624,97923,53623,57622,00320,95220,37519,99117,93118,29214,80914,501
Liabilities And Stockhold…
Liabilities Current
Accounts Payable Current
293262223232235149212116109179132132
Employee Related Liabilities Current
680562398608506492355555386453331548
Accrued Liabilities Current
760937665846825778683507413394372391
Contract With Customer Liability Current
7,1136,2486,1326,3025,7575,6005,5085,5415,0154,9184,7324,675
Convertible Debt Current
160--03835346469641,1631,8221,9471,992
Liabilities Current
9,0068,0097,4187,9887,7067,5527,4037,6837,0857,7667,5137,738
Convertible Debt Noncurrent
1,192-----------
Contract With Customer Liability Noncurrent
6,4926,1816,0986,4505,8175,6635,5865,9395,1534,9004,7114,622
Deferred Income Tax Liabilities Net
25975968926116251388503589-28
Operating Lease Liability Noncurrent
719372346338346363380381370363276279
Other Liabilities Noncurrent
93094991388787888384443135331813886
Liabilities
18,59815,58614,87115,75214,77214,57614,46314,82113,46313,93512,63812,753
Stockholders Equity
Preferred Stock Value
000000000000
Common Stocks Including Additional Paid In Capital
24,6086,0975,7805,2924,9524,4214,2153,8213,5313,6503,2973,019
Accumulated Other Comprehensive Income Loss Net Of…
-1346674848-14-4-2-55-7-93-43
Retained Earnings Accumulated Deficit
3,0733,2502,8182,4842,2301,9681,7011,350993714-1,033-1,227
Stockholders Equity
27,6689,3938,6657,8247,2306,3755,9125,1704,4684,3572,1711,748
Liabilities And Stockholders Equity
46,26624,97923,53623,57622,00320,95220,37519,99117,93118,29214,80914,501
Allowance For Doubtful Accounts Receivable Current
6131410119988788
Preferred Stock Par Or Stated Value Per Share
000000000000
Preferred Stock Shares Authorized
100100100100100100100100100100100100
Preferred Stock Shares Issued
000000000000
Preferred Stock Shares Outstanding
000000000000
Common Stock Par Or Stated Value Per Share
000000000000
Common Stock Shares Authorized
2,0002,0002,0002,0002,0002,0001,0002,0001,0001,0001,0001,000
Common Stock Shares Issued
813703692668666660655650647645627617
Shares Outstanding
813703692668666660655650647645627617

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
20263.58%2.13%-13.91%9.63%2.22%36.45%8.48%15.46%----
2025-1.15%-12.79%-2.47%-9.55%-23.23%-6.16%8.28%3.38%-7.83%9.27%9.12%7.73%
202420.53%14.27%39.37%7.71%6.53%13.55%1.81%7.97%6.36%-0.02%9.12%14.16%
2023----------5.85%0.16%2.01%

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Performance and Valuation Metrics

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Metrics
2026-04-30
2026-01-31
2025-10-31
2025-07-31
2025-04-30
2025-01-31
2024-10-31
2024-07-31
2024-04-30
2024-01-31
2023-10-31
2023-07-31
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Liquidity Ratios
Current Ratio
0.86
1.04
0.99
0.94
0.90
0.84
0.84
0.89
0.84
0.83
0.86
0.78
Quick Ratio
0.78
0.97
0.90
0.88
0.83
0.78
0.77
0.82
0.78
0.78
0.81
0.72
Working Capital
-1.29B
360.00M
-108.00M
-465.20M
-806.60M
-1.21B
-1.16B
-833.00M
-1.17B
-1.32B
-1.04B
-1.69B
Leverage & Debt
Debt to Equity
0.67
1.66
1.72
2.01
2.04
2.29
2.45
2.87
3.01
3.20
5.82
7.29
Interest Coverage TTM
-
1,421.90
632.95
414.30
298.30
204.80
117.92
82.40
51.02
31.30
25.21
14.24
Debt Ratio
0.40
0.62
0.63
0.67
0.67
0.70
0.71
0.74
0.75
0.76
0.85
0.88
Efficiency & Turnover
Asset Turnover TTM
0.31
0.43
0.44
0.42
0.44
0.44
0.47
0.47
0.49
0.48
0.53
0.52
Days Sales Outstanding TTM
82.63
66.62
47.28
110.50
75.38
72.23
56.06
115.53
74.00
76.96
67.13
121.95
Receivables Turnover TTM
4.42
5.48
7.72
3.30
4.84
5.05
6.51
3.16
4.93
4.74
5.44
2.99
Per Share Metrics
Diluted EPS TTM
1.05
1.80
1.58
1.60
1.75
1.77
3.86
3.64
3.45
3.18
0.88
0.64
Free Cash Flow Per Share TTM
4.74
5.07
5.44
5.24
4.51
4.45
4.71
4.86
4.66
4.57
4.71
4.34
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
71.94%
73.50%
73.47%
73.41%
73.57%
73.86%
74.18%
74.35%
74.43%
74.05%
73.35%
72.29%
Operating Profit Margin TTM
9.62%
14.37%
13.25%
13.48%
11.09%
10.99%
9.11%
8.52%
8.97%
7.98%
8.15%
5.62%
Net Profit Margin TTM
7.95%
12.96%
11.69%
12.30%
13.95%
14.64%
32.99%
32.11%
31.41%
30.24%
8.52%
6.38%
Growth Metrics
Net Revenue Growth (1Y)
19.52%
15.44%
15.30%
14.87%
13.90%
13.85%
15.00%
16.46%
20.05%
22.28%
23.89%
25.29%
Net Income Growth (1Y)
-31.90%
2.18%
-59.15%
-56.01%
-49.43%
-44.90%
345.41%
486.22%
1,036.83%
6,537.32%
-528.10%
-264.68%
EPS Growth (1Y)
-43.46%
-4.35%
-60.66%
-57.60%
-50.89%
-46.54%
322.39%
456.75%
969.94%
6,177.06%
-513.88%
-260.55%
Valuation Metrics
P/E TTM
170.41
97.19
133.89
101.43
100.44
96.88
43.09
40.22
38.38
47.53
122.76
172.36
P/B TTM
5.19
13.26
17.26
14.70
17.19
19.06
19.93
20.05
21.02
24.83
34.72
43.35
P/S TTM
13.54
12.59
15.65
12.47
14.01
14.18
14.22
12.91
12.06
14.37
10.46
11.00
Market Cap
143.64B
124.59B
149.54B
115.01B
124.31B
121.53B
117.83B
103.67B
93.93B
108.20B
75.36B
75.79B
Enterprise Value
142.61B
120.42B
146.47B
112.73B
122.30B
119.84B
116.18B
103.09B
93.71B
108.24B
74.81B
76.64B
Calculated Values
Free Cash Flow TTM
3.79B
3.57B
3.69B
3.47B
3.00B
2.93B
3.08B
3.10B
3.01B
2.92B
2.92B
2.63B
Net Debt
-1.02B
-4.17B
-3.08B
-2.28B
-2.01B
-1.69B
-1.65B
-582.90M
-219.40M
32.50M
-550.70M
856.20M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-23Sale
Owner: Golechha, Dipak
Title: EVP, Chief Financial Officer
Shares: 5,000
Price/Share: $288.90
Value: $1,444,500.00
Shares Owned: 145,250
Relationship: Officer
Ownership: Direct
2026-06-22Sale
Owner: Bawa, Aparna
Title: -
Shares: 345
Price/Share: $290.17
Value: $100,108.65
Shares Owned: 7,359
Relationship: Director
Ownership: Indirect
2026-06-12Sale
Owner: Key, John P.
Title: -
Shares: 7,500
Price/Share: $279.24
Value: $2,094,300.00
Shares Owned: 12,500
Relationship: Director
Ownership: Direct
2026-06-12Sale
Owner: Goetz, James J
Title: -
Shares: 20,000
Price/Share: $279.84
Value: $5,596,800.00
Shares Owned: 20,000
Relationship: Director
Ownership: Indirect
2026-06-12Sale
Owner: Bawa, Aparna
Title: -
Shares: 536
Price/Share: $280.00
Value: $150,080.00
Shares Owned: 7,704
Relationship: Director
Ownership: Indirect

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Institutional Ownership

No data available for chart
2026-03-31
74.11%
Inst. Shares: 593,581,110
Shares Outstanding: 801,000,000
2025-12-31
76.29%
Inst. Shares: 537,099,258
Shares Outstanding: 704,000,000
2025-09-30
77.44%
Inst. Shares: 525,788,977
Shares Outstanding: 679,000,000
2025-06-30
74.79%
Inst. Shares: 495,480,644
Shares Outstanding: 662,500,000
2025-03-31
72.58%
Inst. Shares: 482,647,814
Shares Outstanding: 665,000,000

Palo Alto Networks Inc (PANW) — SEC Financial Statements & Analysis

Palo Alto Networks Inc (PANW) is a computer peripheral equipment, nec company, incorporated in DE. Palo Alto Networks Inc trades on Nasdaq as: PANW. Based on its latest SEC filing (Form 10-Q, period ending 2026-04-30), Palo Alto Networks Inc reported a 19.52% year-over-year revenue growth, a Gross Profit Margin of 71.94% (TTM), a Debt-to-Equity ratio of 0.67x, a Price-to-Sales (P/S) ratio of 13.54x (TTM), a Price-to-Book (P/B) ratio of 5.19x (TTM), at a market cap of $143.64B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
19.52%
Gross Profit Margin TTM
71.94%
Debt To Equity
0.67x
P/S TTM
13.54x
P/B TTM
5.19x
Market Cap
$143.64B

Data as of 2026-04-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Palo Alto Networks Inc in?

Palo Alto Networks Inc (PANW) operates in the Computer Peripheral Equipment, NEC industry.

What is PANW's market cap?

Palo Alto Networks Inc (PANW) has a market capitalization of $143.64B as of 2026-04-30.

What is PANW's P/E ratio?

Palo Alto Networks Inc (PANW)'s trailing twelve month P/E ratio is 170.41x as of 2026-04-30.

What exchange does PANW trade on?

Palo Alto Networks Inc (PANW) trades on the Nasdaq.

Where is Palo Alto Networks Inc incorporated?

Palo Alto Networks Inc is incorporated in DE.

Wall Street's data.
Main Street's price.