Palo Alto Networks, Inc. (PANW) Financials
PeriodFY2026Q3 FY2026
Published
Palo Alto Networks reported $11.48 billion in revenue for FY2026, the fiscal year ended July 31, 2026, up 24.5% from a year earlier. Reported earnings went the other way: net income was $307 million, down 72.9%, or $0.40 per diluted share, and operating income was $695 million, down 44.1%, as the CyberArk and Chronosphere acquisitions the company closed during the year brought amortization of acquired intangibles, acquisition-related compensation and a non-cash fair value charge on the convertible notes assumed with CyberArk into the results. Cash generation kept building, with free cash flow of $4.11 billion, up 18.6%, and Next-Generation Security annualized recurring revenue of $9.1 billion at July 31, 2026, up 62.5%.
| Metric | Amount | vs. year ago |
|---|---|---|
| Revenue | $11,480,000,000 | up 24.5% |
| Net income | $307,000,000 | down 72.9% |
| Diluted EPS | $0.40 | down 75.0% |
| Operating income | $695,000,000 | down 44.1% |
| Free cash flow | $4,113,000,000 | up 18.6% |
| Next-Generation Security ARR | $9,100,000,000 | up 62.5% |
Company details
| Name | Palo Alto Networks Inc |
|---|---|
| Ticker | PANW |
| CIK | 0001327567 |
| Exchange | Nasdaq |
| State | California |
| Incorporation | Delaware |
| SIC | 3577 |
| Office | Technology |
| Industry | Computer Peripheral Equipment, NEC |
| Latest period covered | FY2026, ended 2026-07-31, 10-K, accession 0001327567-26-000023 |
| Fiscal year end | 07/31 (MM/DD) |
| Next expected filing | 10-Q around 2026-11-19 (predicted) |
Data files
- Financial statementsPage Annual financial statements plus the latest quarter: income statement, balance sheet, cash flow. Actual dollars, actual shares. Sourcing notes and uncertainties included, plus a figure_sources block linking each figure the filing tags to the line that prints it.
- 10-K and 10-Q summaryPage Qualitative synthesis of the latest 10-K + 10-Q: business, risk factors (quarter-over-quarter changes flagged), MD&A, legal proceedings, subsequent events.
- 8-K filings and eventsPage Digest of material 8-K filings: earnings headlines, management changes, capital-return and financing actions, governance. SEC accession numbers cited throughout.
FAQ · Palo Alto Networks FY2026
How much revenue did Palo Alto Networks make in FY2026?
Palo Alto Networks reported $11.48 billion in revenue for FY2026, the fiscal year ended July 31, 2026. That is up 24.5% from $9.22 billion a year earlier.
Why did Palo Alto Networks' net income fall in FY2026?
Palo Alto Networks' net income fell to $307 million in FY2026 from $1.13 billion a year earlier, down 72.9%, even though revenue grew. The decline follows the CyberArk and Chronosphere acquisitions the company closed during the year: amortization of acquired intangibles and acquisition-related compensation pushed operating income down to $695 million from $1.24 billion, and a non-cash fair value charge on the convertible notes assumed with CyberArk swung other income (expense), net to a net expense from income a year earlier, accounting for much of the remaining shortfall below the operating line.
How much free cash flow did Palo Alto Networks generate in FY2026?
Palo Alto Networks generated $4.11 billion of free cash flow in FY2026, the fiscal year ended July 31, 2026, up 18.6% from $3.47 billion a year earlier. Cash generation grew even as reported earnings fell, and the company earned $0.40 per diluted share for the year.
What is Palo Alto Networks' Next-Generation Security ARR?
Next-Generation Security annualized recurring revenue was $9.1 billion at July 31, 2026, the end of FY2026, up 62.5% from $5.6 billion a year earlier. Palo Alto Networks reports it alongside its GAAP results as the measure of recurring revenue from its newer security offerings.
Where can I get Palo Alto Networks, Inc. (PANW) financial data in machine-readable form?
Ticker Scout publishes Palo Alto Networks, Inc.'s financial statements as JSON at https://tickerscout.ai/panw/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/panw/narrative.md and https://tickerscout.ai/panw/events.md. Palo Alto Networks, Inc.'s SEC CIK is 0001327567. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does Palo Alto Networks, Inc. (PANW) next file with the SEC?
Palo Alto Networks, Inc. (PANW) is expected to file its next Form 10-Q with the SEC on or around November 19, 2026. That date is a projection rather than a company-announced date: it is derived from Palo Alto Networks, Inc.'s own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-K for FY2026, the period ended 2026-07-31, SEC accession 0001327567-26-000023.
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How this page was built
This page was built from Palo Alto Networks, Inc.'s own filings with the SEC, read one at a time, and nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names eight such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Data extracted from SEC filings (accession numbers cited in each file). The undated URLs hold the latest period and are replaced in place each quarter; every period also stays published at its own dated URL, which never changes. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.