Palo Alto Networks Inc
PANWTech hardwarepaloaltonetworks.com
Latest available resultsJuly 31, 2026Quarter · 10-K filed Sep 10, 2026
Next reportNovember 18, 2026forecast 0.991 $/share
Revenue
$3.41B
▲ +34.4% vs prior year YoY
Net income
−$282.00M
▼ -211.1% vs prior year YoY
EPS
—
Net margin
-8.3%
▼ -18.3 pp vs prior year YoY
Revenue▲ +34.4%
Margins (% of revenue)GrossOperatingNet
Net income▼ -211.1%
EPS
Financial statements
View 10-K filed September 10, 2026 on SEC ↗| Metric | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025* | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026* | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $2.14B | $2.26B | $2.29B | $2.54B | $2.47B | $2.59B | $3.00B | $3.41B | ▲ +34.4% |
| Gross profit | $1.58B | $1.66B | $1.67B | $1.86B | $1.84B | $1.91B | $2.03B | $2.30B | ▲ +24.1% |
| Operating income | $286.00M | $241.00M | $219.00M | $497.20M | $309.00M | $397.00M | −$183.00M | $172.00M | ▼ -65.4% |
| Net income | $351.00M | $267.00M | $262.00M | $253.80M | $334.00M | $432.00M | −$177.00M | −$282.00M | ▼ -211.1% |
| R&D | $481.00M | $505.00M | $494.00M | $503.50M | $528.00M | $511.00M | $734.00M | $779.00M | ▲ +54.7% |
| EPS (diluted) | 0.49 $ | 0.38 $ | 0.37 $ | — | 0.47 $ | 0.61 $ | -0.22 $ | — | — |
| Margins (% of revenue) | |||||||||
| Gross | 74.1 % | 73.5 % | 73.0 % | 73.2 % | 74.2 % | 73.6 % | 67.6 % | 67.6 % | ▼ -5.7 pt |
| Operating | 13.4 % | 10.7 % | 9.6 % | 19.6 % | 12.5 % | 15.3 % | -6.1 % | 5.0 % | ▼ -14.6 pt |
| Net | 16.4 % | 11.8 % | 11.4 % | 10.0 % | 13.5 % | 16.7 % | -5.9 % | -8.3 % | ▼ -18.3 pt |
| Balance sheet | |||||||||
| Assets | $20.37B | $20.95B | $22.00B | $23.58B | $23.54B | $24.98B | $46.27B | $48.46B | ▲ +105.5% |
| Liabilities | $14.46B | $14.58B | $14.77B | $15.75B | $14.87B | $15.59B | $18.60B | $20.97B | ▲ +33.1% |
| Equity | $5.91B | $6.38B | $7.23B | $7.82B | $8.66B | $9.39B | $27.67B | $27.49B | ▲ +251.4% |
| Cash | $2.28B | $2.23B | $2.38B | $2.27B | $3.07B | $4.16B | $2.36B | $2.51B | ▲ +10.8% |
| Capital | |||||||||
| Shares outstanding | 328.10M | 662.10M | 666.80M | 668.90M | 697.00M | 816.00M | 815.00M | 818.00M | ▲ +22.3% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.