PALO ALTO NETWORKS INC
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures adjusted for later stock splits (split ratios inferred from EPS restated in later SEC filings).
CAPITALIZATION 7/31/26
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | – | – |
| Stockholders' equity | 27,492 | 100.0 |
| Total capitalization | 27,492 | 100.0 |
818,000,000 shares outstanding at 31 August 2026 (cover page of the 10-K filed 10 September 2026).
LONG-TERM DEBT 7/31/26
| ($ millions) | Amount |
|---|---|
| Not tagged in XBRL |
CAPITAL STOCK 7/31/26
| Common shares authorized | 2,000,000,000 |
| Common shares issued | 815,000,000 |
| Par or stated value per share ($) | 0.0001 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 8/31/26 | 818,000,000 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2026 | – | – |
| 2025 | – | – |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 3577, Computer Peripheral Equipment, NEC. Large accelerated filer. Principal executive office: 3000 Tannery Way, Santa Clara, CA 95054. Fiscal year ends July 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 7/31/26 | 7/31/25 | 7/31/24 |
|---|---|---|---|
| Revenues | 11,480 | 9,221 | 8,027 |
| Cost of revenues | 3,403 | 2,451 | 2,059 |
| Gross profit | 8,077 | 6,770 | 5,968 |
| Research and development | 2,552 | 1,984 | 1,810 |
| Depreciation and amortization | 855 | 343 | 284 |
| Operating income | 695 | 1,243 | 684 |
| Interest expense | 0 | 3 | 8 |
| Income before income taxes | 536 | 1,596 | 988 |
| Income taxes | 229 | 462 | (1,590) |
| Net income | 307 | 1,134 | 2,578 |
| Earned per share, diluted ($) | 0.40 | 1.60 | 3.64 |
| Dividends per share ($) | – | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 7/31/26 | 7/31/25 |
|---|---|---|
| Cash and equivalents | 2,514 | 2,269 |
| Receivables, net | 3,629 | 2,965 |
| Inventories | 117 | 113 |
| Total current assets | 8,643 | 7,523 |
| Property, plant and equipment, net | 523 | 387 |
| Goodwill | 22,010 | 4,567 |
| Total assets | 48,460 | 23,576 |
| Total current liabilities | 9,923 | 7,988 |
| Total liabilities | 20,968 | 15,752 |
| Stockholders' equity | 27,492 | 7,824 |
| Total liabilities and equity | 48,460 | 23,576 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7/31/26 | 11,480 | 695 | 307 | 2.7 | 0.40 | – | 4,553 | 440 | 4,113 | 48,460 | 20,968 | – | 27,492 | 1.1 | – |
| 7/31/25 | 9,221 | 1,243 | 1,134 | 12.3 | 1.60 | – | 3,716 | 247 | 3,469 | 23,576 | 15,752 | – | 7,824 | 14.5 | – |
| 7/31/24 | 8,027 | 684 | 2,578 | 32.1 | 3.64 | – | 3,258 | 157 | 3,101 | 19,991 | 14,821 | – | 5,169 | 49.9 | – |
| 7/31/23 | 6,893 | 387 | 440 | 6.4 | 0.64 | – | 2,778 | 146 | 2,631 | 14,501 | 12,753 | 1,992 | 1,748 | 25.2 | 1.14 |
| 7/31/22 | 5,502 | (189) | (267) | -4.9 | (0.45) | – | 1,985 | 193 | 1,792 | 12,254 | 12,044 | 3,677 | 210 | -127.1 | 17.51 |
| 7/31/21 | 4,256 | (304) | (499) | -11.7 | (0.86) | – | 1,503 | 116 | 1,387 | 10,242 | 9,478 | 3,226 | 634 | -78.6 | 5.08 |
| 7/31/20 | 3,408 | (179) | (267) | -7.8 | (0.46) | – | 1,036 | 214 | 821 | 9,065 | 7,964d | 3,084 | 1,102 | -24.2 | 2.80 |
| 7/31/19 | 2,900 | (54) | (82) | -2.8 | (0.14) | – | 1,056 | 131 | 924 | 6,592 | 5,006d | 1,430 | 1,586 | -5.2 | 0.90 |
| 7/31/18 | 2,274 | (104) | (122) | -5.4 | (0.22) | – | 1,038 | 112 | 926 | 5,949 | 4,789d | 1,920 | 1,160 | -10.5 | 1.65 |
| 7/31/17 | 1,762 | (166) | (203) | -11.5 | (0.37) | – | 869 | 163 | 705 | 3,438 | 2,510d | 525 | 760 | -26.7 | 0.69 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Palo Alto Networks Inc
CIK 1327567 · EIN 20-2530195
PRINCIPAL OFFICE:
3000 Tannery Way, Santa Clara, CA 95054
Tel.: 408-753-4000
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
3577 · Computer Peripheral Equipment, NEC
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 7/31/26, filed 10 September 2026
FORMER NAMES:
Palo Alto Networks Inc
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2026 (filed 9/10/26) · 10-K FY2025 (filed 8/29/25) · 10-K FY2024 (filed 9/6/24) · 10-K FY2023 (filed 9/1/23) · 10-K FY2022 (filed 9/6/22) · 10-K FY2021 (filed 9/3/21) · 10-K FY2020 (filed 9/4/20) · 10-K FY2019 (filed 9/9/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.