PANW · Palo Alto Networks Inc
$382.85
+43.54 (+12.83%)
At close · Aug 27
Market Cap
$276.48B
Shares
815.00M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$9.22B
+14.9%
FY2025
Net Income
$1.13B
-56%
FY2025
Gross Margin
73.41%
-0.9pp
FY2025
Operating Margin
13.48%
+5pp
FY2025
Diluted EPS
$1.60
-56%
FY2025
Operating Cash Flow
$3.72B
+14.1%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $11.42B – $11.43B | $10.61B | $9.22BG | $8.03BG | $6.89BG | $5.5B | $4.26B | $3.41B | $2.9B | $2.27B | $1.76B | $1.38B | $928.1M | $598.2M | $396.11M | $255.14M | $118.6M | |
| — | $2.98B | $2.45B | $2.06B | $1.91B | $1.72B | $1.27B | $999.5M | $808.4M | $645.1M | $476.4M | $370M | $251.5M | $159.6M | $109.76M | $70.55M | $32.27M | |
| — | $7.63B | $6.77B | $5.97B | $4.98B | $3.78B | $2.98B | $2.41B | $2.09B | $1.63B | $1.28B | $1.01B | $676.6M | $438.6M | $286.35M | $184.59M | $86.32M | |
| — | — | 73.41% | 74.35% | 72.29% | 68.76% | 70.05% | 70.68% | 72.12% | 71.64% | 72.59% | 73.16% | 72.9% | 73.32% | 72.29% | 72.35% | 72.79% | |
| — | $2.28B | $1.98B | $1.81B | $1.6B | $1.42B | $1.14B | $768.1M | $539.5M | $400.7M | $347.4M | $284.2M | $185.8M | $104.8M | $62.48M | $38.57M | $21.37M | |
| — | $3.63B | $3.1B | $2.79B | $2.54B | $2.15B | $1.75B | $1.52B | $1.34B | $1.07B | $898.8M | $743.2M | $489M | $334.8M | $199.77M | $115.92M | $62.25M | |
| — | $699.7M | $442.7M | $680.5M | $447.7M | $405M | $391.1M | $299.6M | $261.8M | $257.8M | $198.3M | $138.4M | $101.6M | $73.1M | $42.72M | $26.21M | $13.11M | |
| — | $396.3M | $166.3M | $120.9M | $104.9M | $126.9M | $117.8M | $77.3M | $53.6M | $16.3M | $9.8M | $9.4M | $7.9M | $2.9M | $100K | $39K | — | |
| — | — | $343.4M | $283.3M | $282.2M | $282.6M | $260.4M | $206.1M | $153.8M | $96.4M | $59.8M | $42.8M | $28.9M | $19.4M | $9.89M | $6.13M | $2.19M | |
| — | $6.61B | $5.53B | $5.28B | $4.6B | $3.97B | $3.29B | $2.59B | $2.15B | $1.73B | $1.44B | $1.17B | $776.4M | $653.9M | $304.97M | $180.69M | $96.73M | |
| — | $1.02B | $1.24B | $683.9M | $387.3M | -$188.8M | -$304.1M | -$179M | -$54.1M | -$104.2M | -$165.8M | -$157.3M | -$99.8M | -$215.3M | -$18.62M | $3.89M | -$10.4M | |
| — | — | 13.48% | 8.52% | 5.62% | -3.43% | -7.15% | -5.25% | -1.87% | -4.58% | -9.41% | -11.41% | -10.75% | -35.99% | -4.7% | 1.53% | -8.77% | |
| — | — | $1.59B | $967.2M | $669.5M | $93.8M | -$43.7M | $27.1M | $99.7M | -$7.8M | -$106M | -$114.5M | -$70.9M | -$195.9M | -$8.73M | $10.03M | -$8.22M | |
| — | $0 | $3M | $8.3M | $27.2M | $27.4M | $163.3M | $88.7M | $83.9M | $29.6M | $24.5M | $23.4M | $22.3M | $1.9M | $74K | $36K | — | |
| — | $756K | — | — | — | — | — | — | — | — | — | — | — | — | $484K | $18K | $3000 | |
| — | $92.1M | $25.1M | -$5.4M | -$10.3M | -$8.4M | -$700K | $1.2M | -$2.9M | $28.5M | $10.2M | $8.4M | $200K | -$5M | $39K | -$1.06M | -$1.65M | |
| — | $1.4B | $1.6B | $988.3M | $566.3M | -$207.2M | -$465M | -$231.8M | -$74.6M | -$105.3M | -$180.1M | -$172.3M | -$121.9M | -$222.2M | -$18.66M | $2.8M | -$12.05M | |
| — | $553.8M | $461.8M | -$1.59B | $126.6M | $59.8M | $33.9M | $35.2M | $7.3M | $16.9M | $22.9M | $20.4M | $9.4M | $4.3M | $10.59M | $2.06M | $476K | |
| — | $842.9M | $1.13B | $2.58B | $439.7M | -$267M | -$498.9M | -$267M | -$81.9M | -$122.2M | -$203M | -$192.7M | -$131.3M | -$226.5M | -$29.25M | $737K | -$12.53M | |
| — | — | 12.3% | 32.11% | 6.38% | -4.85% | -11.72% | -7.83% | -2.82% | -5.38% | -11.52% | -13.98% | -14.15% | -37.86% | -7.38% | 0.29% | -10.56% | |
| — | $781.9M | $1.18B | $2.62B | $452.1M | -$312.7M | -$519.3M | -$252.8M | -$69.2M | -$135.2M | -$207.4M | -$191.6M | -$131.3M | -$226.6M | -$29.26M | $737K | -$12.53M | |
| USD/shares | — | $1.25 | $1.71 | $4.04 | $0.73 | -$0.45 | -$0.87 | -$0.46 | -$0.15 | — | — | — | — | — | — | — | — |
| USD/shares | $3.77 – $3.79* | $1.22 | $1.60G | $3.64G | $0.64G | -$0.45 | -$0.87 | -$0.46 | -$0.15 | — | — | — | — | — | — | — | — |
| shares | — | — | 662.5M | 638.5M | 606.4M | 591.2M | 578.2M | 581.4M | 567M | 550.2M | 543.6M | 522.6M | 489.6M | 445.8M | 412.09M | 117.41M | 85.21M |
| shares | — | — | 709.3M | 707.9M | 684.5M | 591.2M | 578.2M | 581.4M | 567M | 550.2M | 543.6M | 522.6M | 489.6M | 445.8M | 412.09M | 117.41M | 85.21M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2011–FY2025: $5.11B in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Peer median 7.82×
EV/EBIT
—
Peer median 46.50×
P/E (TTM)
278.07×
Peer median 66.40×
Peer medians compare against the 11 similar-size Software - Infrastructure companies (of 147 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $5,786,200,000 | $5,134,000,000 | $4,424,200,000 | $3,560,300,000 | $2,747,800,000 | $2,157,600,000 | $1,824,200,000 | $1,446,700,000 |
| EMEA | $1,917,400,000 | $1,602,000,000 | $1,359,600,000 | $1,055,800,000 | $817,300,000 | $671,900,000 | $568,600,000 | $439,600,000 |
| Asia Pacific | $1,099,000,000 | $942,600,000 | $813,200,000 | $643,100,000 | $501,300,000 | $418,500,000 | $354,000,000 | $275,300,000 |
| Other Americas | $418,900,000 | $348,900,000 | $295,700,000 | $242,300,000 | $189,700,000 | $160,400,000 | $152,800,000 | $112,000,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Subscription | $4,974,400,000 | $4,188,500,000 | $3,335,400,000 | $2,539,000,000 | $1,898,800,000 | $1,405,300,000 | $1,032,700,000 | $758,100,000 |
| Support | $2,445,200,000 | $2,235,700,000 | $1,978,900,000 | $1,599,400,000 | $1,237,000,000 | $938,900,000 | $770,700,000 | $635,700,000 |
| Product | $1,801,900,000 | $1,603,300,000 | $1,578,400,000 | $1,363,100,000 | $1,120,300,000 | $1,064,200,000 | $1,096,200,000 | $879,800,000 |
Key facts
CIK
1327567
CUSIP
697435105
13F (30d)
1830 filings
1804 filers
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