Palo Alto Networks Inc
Palo Alto Networks Inc
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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 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 2,364 | 4,158 | 3,066 | 2,269 | 2,383 | 2,226 | 2,283 | 1,535 | 1,374 | 1,783 | 2,491 | 1,135 | |||||
Short Term Investments | 747 | 378 | 1,144 | 635 | 917 | 1,007 | 1,108 | 1,044 | 1,517 | 1,589 | 1,402 | 1,255 | |||||
Accounts Receivable Net Current | 2,852 | 2,116 | 1,343 | 2,965 | 1,950 | 1,496 | 1,133 | 2,619 | 1,715 | 1,896 | 1,413 | 2,463 | |||||
Notes And Loans Receivable Net Current | 591 | 672 | 737 | 715 | 737 | 755 | 805 | 726 | 572 | 446 | 446 | 389 | |||||
Contract With Customer Asset Net Current | - | - | - | - | - | - | - | - | 337 | 328 | 329 | - | |||||
Capitalized Contract Cost Net Current | 454 | 424 | 415 | 420 | 387 | 376 | 368 | 369 | - | - | - | 339 | |||||
Prepaid Expense And Other Assets Current | 705 | 621 | 605 | 521 | 524 | 480 | 546 | 557 | 404 | 406 | 396 | 467 | |||||
Assets Current | 7,713 | 8,369 | 7,310 | 7,523 | 6,899 | 6,340 | 6,243 | 6,850 | 5,919 | 6,447 | 6,478 | 6,048 | |||||
Property Plant And Equipment Net | 506 | 485 | 394 | 387 | 367 | 358 | 361 | 361 | 350 | 352 | 353 | 355 | |||||
Operating Lease Right Of Use Asset | 678 | 368 | 353 | 347 | 357 | 373 | 389 | 386 | 370 | 356 | 274 | 263 | |||||
Long Term Investments | 3,881 | 3,362 | 5,982 | 5,556 | 5,152 | 4,560 | 4,120 | 4,173 | 3,504 | 3,620 | 2,989 | 3,048 | |||||
Notes And Loans Receivable Net Noncurrent | 779 | 870 | 855 | 1,002 | 1,069 | 1,164 | 1,092 | 1,182 | 883 | 640 | 640 | 653 | |||||
Contract With Customer Asset Net Noncurrent | - | - | - | - | - | - | - | - | 511 | 505 | 515 | - | |||||
Capitalized Contract Cost Net Noncurrent | 551 | 526 | 546 | 586 | 528 | 523 | 532 | 562 | - | - | - | 547 | |||||
Goodwill | 21,902 | 6,931 | 4,567 | 4,567 | 4,051 | 4,051 | 4,051 | 3,350 | 3,373 | 3,373 | 2,927 | 2,927 | |||||
Intangible Assets Net Excluding Goodwill | 7,283 | 1,249 | 723 | 763 | 730 | 771 | 810 | 375 | 408 | 440 | 291 | 315 | |||||
Deferred Income Tax Assets Net | 2,380 | 2,392 | 2,416 | 2,424 | 2,452 | 2,447 | 2,398 | 2,399 | 2,292 | 2,234 | - | 23 | |||||
Other Assets Noncurrent | 593 | 427 | 390 | 422 | 397 | 365 | 380 | 353 | 321 | 326 | 343 | 322 | |||||
Assets | 46,266 | 24,979 | 23,536 | 23,576 | 22,003 | 20,952 | 20,375 | 19,991 | 17,931 | 18,292 | 14,809 | 14,501 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 293 | 262 | 223 | 232 | 235 | 149 | 212 | 116 | 109 | 179 | 132 | 132 | |||||
Employee Related Liabilities Current | 680 | 562 | 398 | 608 | 506 | 492 | 355 | 555 | 386 | 453 | 331 | 548 | |||||
Accrued Liabilities Current | 760 | 937 | 665 | 846 | 825 | 778 | 683 | 507 | 413 | 394 | 372 | 391 | |||||
Contract With Customer Liability Current | 7,113 | 6,248 | 6,132 | 6,302 | 5,757 | 5,600 | 5,508 | 5,541 | 5,015 | 4,918 | 4,732 | 4,675 | |||||
Convertible Debt Current | 160 | - | - | 0 | 383 | 534 | 646 | 964 | 1,163 | 1,822 | 1,947 | 1,992 | |||||
Liabilities Current | 9,006 | 8,009 | 7,418 | 7,988 | 7,706 | 7,552 | 7,403 | 7,683 | 7,085 | 7,766 | 7,513 | 7,738 | |||||
Convertible Debt Noncurrent | 1,192 | - | - | - | - | - | - | - | - | - | - | - | |||||
Contract With Customer Liability Noncurrent | 6,492 | 6,181 | 6,098 | 6,450 | 5,817 | 5,663 | 5,586 | 5,939 | 5,153 | 4,900 | 4,711 | 4,622 | |||||
Deferred Income Tax Liabilities Net | 259 | 75 | 96 | 89 | 26 | 116 | 251 | 388 | 503 | 589 | - | 28 | |||||
Operating Lease Liability Noncurrent | 719 | 372 | 346 | 338 | 346 | 363 | 380 | 381 | 370 | 363 | 276 | 279 | |||||
Other Liabilities Noncurrent | 930 | 949 | 913 | 887 | 878 | 883 | 844 | 431 | 353 | 318 | 138 | 86 | |||||
Liabilities | 18,598 | 15,586 | 14,871 | 15,752 | 14,772 | 14,576 | 14,463 | 14,821 | 13,463 | 13,935 | 12,638 | 12,753 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stocks Including Additional Paid In Capital | 24,608 | 6,097 | 5,780 | 5,292 | 4,952 | 4,421 | 4,215 | 3,821 | 3,531 | 3,650 | 3,297 | 3,019 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -13 | 46 | 67 | 48 | 48 | -14 | -4 | -2 | -55 | -7 | -93 | -43 | |||||
Retained Earnings Accumulated Deficit | 3,073 | 3,250 | 2,818 | 2,484 | 2,230 | 1,968 | 1,701 | 1,350 | 993 | 714 | -1,033 | -1,227 | |||||
Stockholders Equity | 27,668 | 9,393 | 8,665 | 7,824 | 7,230 | 6,375 | 5,912 | 5,170 | 4,468 | 4,357 | 2,171 | 1,748 | |||||
Liabilities And Stockholders Equity | 46,266 | 24,979 | 23,536 | 23,576 | 22,003 | 20,952 | 20,375 | 19,991 | 17,931 | 18,292 | 14,809 | 14,501 | |||||
Allowance For Doubtful Accounts Receivable Current | 6 | 13 | 14 | 10 | 11 | 9 | 9 | 8 | 8 | 7 | 8 | 8 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | |||||
Common Stock Shares Issued | 813 | 703 | 692 | 668 | 666 | 660 | 655 | 650 | 647 | 645 | 627 | 617 | |||||
Shares Outstanding | 813 | 703 | 692 | 668 | 666 | 660 | 655 | 650 | 647 | 645 | 627 | 617 | |||||
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Interactive Financial Visualizations
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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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.58% | 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% |
| 2024 | 20.53% | 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 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
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| 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) | |||||||||||||||||
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| Dividends Paid Growth (5Y) | |||||||||||||||||
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| Net Income Growth (3Y) | |||||||||||||||||
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| Net Profit Margin Growth (1Y) | |||||||||||||||||
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| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
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| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
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| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
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| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
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| Treasury Stock Change (1Y) | |||||||||||||||||
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Valuation Ratios | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
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.