Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Palo Alto Networks, Inc. Revenue & Financial Statements
Palo Alto Networks, Inc. reported revenue of $9.2B for the fiscal year ended July 31, 2025, up 14.9% year over year, with net income of $1.1B and diluted EPS of $1.60.
- Company
- Palo Alto Networks, Inc. PANW · NASDAQ
- Latest fiscal year
- FY ended Jul 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 4.3B | 5.5B | 6.9B | 8.0B | 9.2B |
| Cost of revenue | 1.3B | 1.7B | 1.9B | 2.1B | 2.5B |
| Gross profit | 3.0B | 3.8B | 5.0B | 6.0B | 6.8B |
| Operating income | (304.1M) | (188.8M) | 387.3M | 683.9M | 1.2B |
| Pretax income | (482.2M) | (152.3M) | 374.3M | 669.2M | 1.1B |
| Net income | (498.9M) | (267.0M) | 439.7M | 2.6B | 1.1B |
| Diluted EPS | -5.18 | -2.71 | 1.28 | 7.28 | 1.60 |
| EBITDA | (209.9M) | (96.0M) | 483.2M | 769.0M | 1.3B |
Quarterly
| USD | Q3 '24 | Q4 '24 | Q1 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.0B | 2.2B | 2.1B | 2.3B | 2.3B | 2.5B | 2.5B | 2.6B |
| Cost of revenue | 513.6M | 573.7M | 554.1M | 599.2M | 619.3M | 679.0M | 638.0M | 685.0M |
| Gross profit | 1.5B | 1.6B | 1.6B | 1.7B | 1.7B | 1.9B | 1.8B | 1.9B |
| Operating income | 176.7M | 238.4M | 286.5M | 240.4M | 218.8M | 497.2M | 309.0M | 397.0M |
| Pretax income | 251.2M | 319.0M | 368.6M | 324.8M | 310.5M | 591.8M | 412.0M | 549.0M |
| Net income | 278.8M | 357.7M | 350.7M | 267.3M | 262.1M | 253.8M | 334.0M | 432.0M |
| Diluted EPS | 0.79 | 1.01 | 0.99 | 0.38 | 0.37 | 0.36 | 0.47 | 0.61 |
| EBITDA | 251.0M | 314.5M | 370.4M | — | 306.9M | 581.0M | 398.0M | — |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 10.2B | 12.3B | 14.5B | 20.0B | 23.6B |
| Current assets | 4.6B | 6.4B | 6.0B | 6.8B | 7.5B |
| Cash & equivalents | 1.9B | 2.1B | 1.1B | 1.5B | 2.3B |
| Total liabilities | — | 12.0B | 12.8B | 14.8B | 15.8B |
| Current liabilities | 5.1B | 8.3B | 7.7B | 7.7B | 8.0B |
| Long-term debt | 3.2B | 3.7B | 2.0B | — | — |
| Total debt | 3.2B | 3.7B | 2.0B | — | — |
| Stockholders’ equity | 634.5M | 210.0M | 1.7B | 5.2B | 7.8B |
| Net debt | 1.4B | 1.6B | 856.2M | — | — |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 1.5B | 2.0B | 2.8B | 3.3B | 3.7B |
| Investing cash flow | (1.5B) | (933.4M) | (2.0B) | (1.5B) | (2.2B) |
| Financing cash flow | (1.1B) | (806.6M) | (1.7B) | (1.3B) | (778.9M) |
| Capital expenditure | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 894.5M | 1.0B | 1.1B | 1.1B | 1.3B |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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