PANWNasdaqComputer Peripheral Equipment, NECFiscal year ends July 31

Palo Alto Networks Inc

Financials through Q4 FY2026, quarter ended Jul 31, 2026Last filing: 10-K on Sep 10, 2026

$346.95+4.95 (+1.45%)

Close on Oct 19, 2026

Market cap: $285.89B
P/E (TTM): 867.4
Dividend yield: –

Palo Alto Networks Inc income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2026 2026-07-31	FY 2025 2025-07-31	FY 2024 2024-07-31	FY 2023 2023-07-31	FY 2022 2022-07-31	FY 2021 2021-07-31	FY 2020 2020-07-31	FY 2019 2019-07-31	FY 2018 2018-07-31	FY 2017 2017-07-31	FY 2016 2016-07-31	FY 2015 2015-07-31	FY 2014 2014-07-31	FY 2013 2013-07-31	FY 2012 2012-07-31	FY 2011 2011-07-31
Revenue	11,480	9,221	8,027	6,893	5,502	4,256	3,408	2,900	2,274	1,755	1,379	928	598	396	255	119
Cost of Revenue	3,403	2,451	2,059	1,910	1,719	1,275	1,000	808	645	476	370	252	160	110	71	32
Gross Profit	8,077	6,770	5,968	4,983	3,783	2,981	2,409	2,091	1,629	1,279	1,009	677	439	286	185	86
Research & Development	2,552	1,984	1,810	1,604	1,418	1,140	768	540	401	347	284	186	105	62	39	21
Selling, General & Admin	4,830	3,543	3,474	2,992	2,554	2,145	1,820	1,606	1,332	1,097	882	591	408	242	142	75
Selling & Marketing	3,931	3,100	2,794	2,544	2,149	1,754	1,520	1,344	1,074	899	743	489	335	200	116	62
General & Administrative	899	443	680	448	405	391	300	262	258	198	138	102	73	43	26	13
Advertising Expenses	–	–	–	–	–	–	–	–	9.80	14	6.60	4.80	3.70	1.80	1.60	0.76
Operating Expenses	7,382	5,527	5,284	4,596	3,972	3,285	2,588	2,145	1,733	1,445	1,166	776	654	305	181	97
Operating Income	695	1,243	684	387	-189	-304	-179	-54	-104	-166	-157	-100	-215	-19	3.89	-10
Interest Expense	0	3.00	8.00	27	27	163	89	84	30	25	23	22	1.90	0.07	0.04	–
Interest & Investment Income	374	364	318	224	16	8.50	41	70	27	15	8.80	3.90	–	0.48	0.02	0.00
Other Non-Operating Income	64	25	-6.00	-10	-8.40	-0.70	1.20	-2.90	29	10	8.40	0.20	-5.00	0.04	-1.06	-1.65
Asset Impairment Charges	0	0	0	0	0	0	0	0	–	21	0	0	0	–	–	–
Legal Settlements	–	–	–	–	–	–	–	–	–	–	0	0	-141	0	0	–
Pretax Income	536	1,596	988	566	-207	-465	-232	-75	-105	-180	-172	-122	-222	-19	2.80	-12
Income Tax Expense	229	462	-1,590	127	60	34	35	7.30	17	23	20	9.40	4.30	11	2.06	0.48
Net Income incl. Noncontrolling Interests	–	–	–	–	–	–	–	–	–	–	-226	-165	-227	-29	–	–
Net Income	307	1,134	2,578	440	-267	-499	-267	-82	-122	-203	-193	-131	-227	-29	0.74	-13
EPS (Basic)(per share)	0.41	1.71	4.04	0.73	-0.45	-0.87	-0.46	-0.15	-0.22	-0.37	-0.37	-0.27	-0.51	-0.07	0.00	-0.15
EPS (Diluted)(per share)	0.40	1.60	3.64	0.64	-0.45	-0.87	-0.46	-0.15	-0.22	-0.37	-0.37	-0.27	-0.51	-0.07	0.00	-0.15
Shares Outstanding (Basic, Weighted)(shares)	749	663	638	606	591	578	581	567	550	544	523	490	446	412	117	85
Shares Outstanding (Diluted, Weighted)(shares)	764	709	708	685	591	578	581	567	550	544	523	490	446	412	117	85
EBITDA	1,550	1,586	968	670	94	-44	27	100	-7.80	-106	-115	-71	-196	-8.73	10	-8.22

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jul 31, 2026

Profitability, TTM

Gross margin: 70.4%
Operating margin: 6.1%
Net margin: 2.7%
Return on equity, FY2026: 1.7%

Financial strength

Current ratio: 0.87
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 25.3%

Valuation

P/E ratio: 867.4
Price to sales: 24.90
Price to book: 10.40
Dividend yield: –