Palo Alto Networks, Inc. Common Stock (PANW) Financial Statements
Historical financial data — 44 statements covering FY2016–FY2026
Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 80,000...
Palo Alto Networks, Inc. Common Stock's revenue increased 24.5% year over year, from $9.22B to $11.48B.
Net income decreased 72.9% over the same period, from $1.13B to $307.0M.
Over the 10-year period from FY2016 to FY2026, revenue grew by 733% in total.
Total debt increased by 659.5% to $2.57B.
The debt-to-equity ratio stands at 0.09, indicating a conservative leverage profile.
Operating cash flow grew 22.5% to $4.55B.
Palo Alto Networks, Inc. Common Stock maintains a moderate net profit margin of 2.7%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q1 FY2025 | $2.14B-2.3% | $350.7M | $1.58B | $286.5M | $1.51B | $20.37B | N/A | $5.91B |
| Q2 FY2025 | $2.26B+5.5% | $267.3M | $1.66B | $240.4M | $556.9M | $20.95B | N/A | $6.38B |
| Q3 FY2025 | $2.29B+1.4% | $262.1M | $1.67B | $218.8M | $628.7M | $22.00B | N/A | $7.23B |
| Q4 FY2025 | $2.54B+10.8% | $253.8M | $1.86B | $497.2M | $1.02B | $23.58B | $338.0M | $7.82B |
| Q1 FY2026 | $2.47B-2.5% | $334.0M | $1.84B | $309.0M | $1.77B | $23.54B | N/A | $8.66B |
| Q2 FY2026 | $2.59B+4.9% | $432.0M | $1.91B | $397.0M | $554.0M | $24.98B | N/A | $9.39B |
| Q3 FY2026 | $3.00B+15.7% | $-177.0M | $2.03B | $-183.0M | $871.0M | N/A | N/A | N/A |
| Q4 FY2026 | $3.41B+13.6% | $-282.0M | $2.30B | $172.0M | $1.36B | $48.46B | $2.57B | $27.49B |
Balance Sheet Summary (FY2026)
Palo Alto Networks, Inc. Common Stock (PANW) Financial Statements & Revenue History
Palo Alto Networks, Inc. Common Stock (PANW) is a US-listed stock operating in the Technology sector, specifically the Computer Peripheral Equipment, Nec industry trading at $340.10 with a market capitalization of $278. This page provides 44 historical financial statements for Palo Alto Networks, Inc. Common Stock, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Palo Alto Networks, Inc. Common Stock reported revenue of $11.5 billion, representing 24.5% year-over-year growth. The net profit margin of 2.7% suggests thin margins. The debt-to-equity ratio of 0.09 shows conservative leverage.
PANW Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Palo Alto Networks, Inc. Common Stock's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether PANW is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track PANW's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Palo Alto Networks, Inc. Common Stock converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of PANW's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use PANW Financial Data
Investors use Palo Alto Networks, Inc. Common Stock's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare PANW's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how PANW's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View PANW's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Palo Alto Networks, Inc. Common Stock's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.PANW trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.