Palo Alto Networks Inc (PANW) stock
Close on Nov 12, 2026Market cap $263.94BP/E –Yield –
Palo Alto Networks Inc grew revenue 24.5% to $11.48B over the twelve months to Jul 31, 2026. Operating income fell 44.1% to $695.00M, moving the operating margin from 13.5% to 6.1%. Free cash flow was $4.11B, up 18.6% from a year earlier. At the latest close the market valued the company at $263.94B.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Jul 31, 2026
Valuation
- Market cap
- $263.94B
- P/E ratio
- –
- Price to sales
- 22.99
- Price to book
- 9.60
- Dividend yield
- –
- Free cash flow yield
- 1.56%
Fundamentals
- Revenue
- $11.48B
- Net income
- $307.00M
- EPS, diluted
- $0.40
- Free cash flow
- $4.11B
- Book value per share
- $33.36
- Diluted shares
- 824M
Trading
- Next earnings
- Nov 18, 2026 (estimated, after the close)
- Previous close
- $334.47
- Open
- $323.69
- Day's range
- $314.79 – $326.34
- Volume
- 6,034,877
- Average volume (20 days)
- 6,260,294
- Index membership
- S&P 500 (since Jun 2023), Nasdaq-100 (since Feb 2022), Russell 1000, Russell 3000
- Beta (5 years)
- 1.27
- 52-week range
- $139.57 – $432.32
- RSI (14 days)
- 38.7
- Volatility (1 year)
- 51.5%
- Relative volume
- 0.99×
- WACC
- 11.2%
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, QQQ, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2012, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | PANW | S&P 500 | Difference | PANW per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -20.1% | -2.7% | −17.4 pts | ||
| 3 months | -16.6% | -1.7% | −14.9 pts | ||
| Year to date | +75.2% | +11.9% | +63.3 pts | ||
| 1 year | +53.6% | +12.0% | +41.6 pts | ||
| 3 years | +154.6% | +78.2% | +76.4 pts | +36.5% | +21.2% |
| 5 years | +275.8% | +73.2% | +202.5 pts | +30.3% | +11.6% |
| 10 years | +1140.9% | +309.6% | +831.3 pts | +28.6% | +15.1% |
Fifteen years at a glance
Fiscal years 2012 to 2026, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Palo Alto Networks filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- News
- Update
- Results
About Palo Alto Networks
Computer Peripheral Equipment, NEC
Palo Alto Networks provides artificial intelligence-powered cybersecurity and observability solutions designed to secure modern digital operations. The company consolidates enterprise defenses across core platforms: Network and AI Security, which provides secure access service edge, next-generation firewalls, cloud services, and artificial intelligence protection tools; Cortex, which powers unified security operations, extended detection and response, cloud native application protection, and cloud observability; and Idira, which secures human, machine, and autonomous agent identities using intelligent privilege controls. Palo Alto Networks also delivers specialized threat intelligence, consulting, and incident response through Unit 42. Its offerings protect enterprise users, developers, system administrators, and third-party contractors across corporate locations, data centers, and multi-cloud networks.
Company profile, executives and historyPalo Alto Networks stock: common questions
What is Palo Alto Networks's stock price?
PANW closed at $322.66 on Nov 12, 2026, down 3.53% on the day. Over the past 52 weeks it traded between $139.57 and $432.32.
What is Palo Alto Networks's market cap?
Palo Alto Networks was worth $263.94B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
How much revenue does Palo Alto Networks make?
Palo Alto Networks reported revenue of $11.48B for the twelve months to Jul 31, 2026, up 24.5% from a year earlier.
Does Palo Alto Networks pay a dividend?
No. Palo Alto Networks has not paid a cash dividend over the last twelve months.
When does Palo Alto Networks report earnings next?
Palo Alto Networks is expected to report Q1 FY2027 results on Nov 18, 2026, after the close. The date is estimated from its past reporting pattern until the company confirms it.
How has PANW stock performed over the past year?
Including dividends, PANW returned +53.6% over the past year, against +12.0% for the S&P 500.
How many PANW shares are sold short?
21M shares were sold short at the latest FINRA report, 2.54% of the float, or 3.5 days of average trading volume.
Who are Palo Alto Networks's competitors?
Companies most similar to Palo Alto Networks by business, industry and size include FTNT, ANET, NTAP, XRX, LOGI.
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