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Palo Alto Networks provides next-generation firewalls, cloud security, and AI-driven threat detection for enterprises.
For the fiscal year ended July 31, 2025, Palo Alto Networks, Inc. reported revenue of $9.2B and net income of $1.1B, with operating cash flow of $3.7B. Source: Form 10-K filed September 10, 2026
The latest annual report covers the period ended July 31, 2026 (filed September 10, 2026); figures for that year are not yet in our data.
Reviewed · SEC data as of
Reported SEC XBRL figures. Each metric’s period and original filing are listed below.
Delayed Cboe One market data via TradingView. It may differ from primary-exchange or consolidated quotes.
Reported figures from Palo Alto Networks, Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.
| Metric | Value | Period | Source |
|---|---|---|---|
| Revenue | $9.2B | 2024-08-01 – 2025-07-31 | SEC filing |
| Net income | $1.1B | 2024-08-01 – 2025-07-31 | SEC filing |
| Operating cash flow | $3.7B | 2024-08-01 – 2025-07-31 | SEC filing |
| Diluted EPS | $1.60 | 2024-08-01 – 2025-07-31 | SEC filing |
| Net margin | 12.3% | 2024-08-01 – 2025-07-31 | SEC filing |
| Shares outstanding | 816M | As of 2026-02-11 | SEC filing |
Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.
Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.
For Palo Alto Networks, Inc., the most important recurring operating and market variables are:
Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.
Next-Generation Security ARR reached $5.6 billion at July 31, 2025 versus $4.2 billion a year earlier, and remaining performance obligations rose to $15.8 billion from $12.7 billion. Item 7 defines NGS ARR as an operating metric that excludes hardware, so compare its growth with total revenue of $9.2 billion, up 15%.
Product revenue was $1.8 billion, or 19.5% of fiscal 2025 revenue, driven by ML-Powered Next-Generation Firewalls and software licenses. Item 1A discusses supply, inventory, and component risks tied to hardware, so watch whether the subscription and support share keeps rising as customers move to SASE and cloud-delivered services.
The 10-K states that 44.2% of fiscal 2025 revenue came from sales to three distributors under a two-tier fulfillment model, while no end customer exceeded 10%. Check the risk factors on distributors and channel partners for how payment terms and termination rights could affect reported results.
The company agreed in July 2025 to acquire identity-security vendor CyberArk, expected to close in the second half of fiscal 2026, after buying Protect AI and IBM QRadar assets. Item 1A lists integration, dilution, and completion risks; compare fiscal 2025 net income of $1.1 billion with the cost and share issuance of the deal.
Operating cash flow was $3.7B, 3.28 times net income of $1.1B, for the fiscal year ended July 31, 2025.
Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.
Net income was 12.3% of revenue for the fiscal year ended July 31, 2025, based on revenue and net income reported for the same period.
Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.
The SEC lists Palo Alto Networks, Inc.'s fiscal year end as July 31, not December 31. The latest annual figures here run from August 1, 2024 to July 31, 2025.
Annual results cover a different 12 months from calendar-year peers. Align periods before comparing growth or margins across companies.
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| Politician | Trade date | Type | Owner | Amount | Source |
|---|---|---|---|---|---|
| John McGuire | 2026-07-31 | Sale | Spouse | $1,001 - $15,000 | Filing #20035180 |
| Josh Gottheimer | 2026-07-16 | Purchase | Joint | $1,001 - $15,000 | Filing #20035186 |
| Dan Newhouse | 2026-07-10 | Sale | Spouse | $1,001 - $15,000 | Filing #20034998 |
| Josh Gottheimer | 2026-05-14 | Purchase | Joint | $1,001 - $15,000 | Filing #20034693 |
| Gilbert Cisneros | 2026-04-14 | Purchase | Self | $1,001 - $15,000 | Filing #20034500 |
| Jared Moskowitz | 2026-03-31 | Purchase | Self | $1,001 - $15,000 | Filing #20034274 |
| Alan Armstrong | 2026-03-27 | Purchase | Self | $1,001 - $15,000 | Filing #fda235b3-bad7-4637-8fa1-053f354d929c |
| Jared Moskowitz | 2026-03-23 | Purchase | Dependent | $1,001 - $15,000 | Filing #20034274 |
| Jared Moskowitz | 2026-03-23 | Purchase | Self | $1,001 - $15,000 | Filing #20034274 |
| Gilbert Cisneros | 2026-03-13 | Purchase | Self | $1,001 - $15,000 | Filing #20034285 |
All verified PANW congressional disclosures
Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.
Palo Alto Networks provides next-generation firewalls, cloud security, and AI-driven threat detection for enterprises.
For the fiscal year ended July 31, 2025, Palo Alto Networks, Inc. reported revenue of $9.2B and net income of $1.1B, with operating cash flow of $3.7B. The figures come from Palo Alto Networks, Inc.'s SEC XBRL filings.
The SEC lists Palo Alto Networks, Inc.'s fiscal year end as July 31.
The current verified House and Senate snapshot contains 37 transaction rows for PANW, each linked to the original filing.
This page does not rate PANW as a buy or sell. It sets out what Palo Alto Networks, Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.
This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.
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