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Palo Alto Networks Inc PANW
Palo Alto Networks Inc financials (annual)
Bars are annual figures from 2017 to 2026; red bars are negative (a loss or cash outflow).
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.5B | $9.2B | $8.0B | $6.9B | $5.5B | $4.3B | $3.4B | $2.9B | $2.3B | $1.8B |
| Gross profit | $8.1B | $6.8B | $6.0B | $5.0B | $3.8B | $3.0B | $2.4B | $2.1B | $1.6B | $1.3B |
| R&D expense | $2.6B | $2.0B | $1.8B | $1.6B | $1.4B | $1.1B | $768.1M | $539.5M | $400.7M | $347.4M |
| Operating income | $695.0M | $1.2B | $684.0M | $387.3M | -$188.8M | -$304.1M | -$179.0M | -$54.1M | -$104.2M | -$165.8M |
| Interest expense | — | — | $8.3M | $27.2M | $27.4M | $163.3M | $88.7M | $83.9M | $29.6M | $24.5M |
| Income tax | $229.0M | $462.0M | -$1.6B | $126.6M | $59.8M | $33.9M | $35.2M | $7.3M | $16.9M | $22.9M |
| Net income | $307.0M | $1.1B | $2.6B | $439.7M | -$267.0M | -$498.9M | -$267.0M | -$81.9M | -$122.2M | -$203.0M |
| EPS (diluted) | $0.40 | $1.60 | $3.64 | $0.64 | $-0.45 | $-0.86 | $-0.46 | $-0.14 | — | — |
| Operating cash flow | $4.6B | $3.7B | $3.3B | $2.8B | $2.0B | $1.5B | $1.0B | $1.1B | $1.0B | $868.8M |
| Cash & equivalents | $2.5B | $2.3B | $1.5B | $1.1B | $2.1B | $1.9B | $3.0B | $961.4M | $2.5B | $744.3M |
| Inventory | $117.0M | $113.0M | $115.9M | — | — | — | — | — | — | — |
| Total assets | $48.5B | $23.6B | $20.0B | $14.5B | $12.3B | $10.2B | $9.1B | $6.6B | $5.9B | $3.4B |
| Total liabilities | $21.0B | $15.8B | $14.8B | $12.8B | $12.0B | $9.5B | — | — | — | — |
| Shareholders' equity | $27.5B | $7.8B | $5.2B | $1.7B | $210.0M | $634.5M | $1.1B | $1.6B | $1.2B | $927.8M |
Growth · year-over-year · Revenue CAGR 23.2%
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +24.5% | +14.9% | +16.5% | +25.3% | +29.3% | +24.9% | +17.5% | +27.5% | +29.1% | +27.8% |
| Net income growth | -72.9% | -56.0% | +486.3% | — | — | — | — | — | — | — |
| EPS growth | -75.0% | -56.0% | +468.8% | — | — | — | — | — | — | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-07-31. Facts plus Stocktoria's own computed scores — not investment advice.