Palo Alto Networks Inc
Financial highlights
| Metric | FY 07/31/25 | FY 07/31/24 | FY 07/31/23 | FY 07/31/22 | FY 07/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $9.2B | $8.0B | $6.9B | $5.5B | $4.3B |
| Cost of revenue | $2.5B | $2.1B | $1.9B | $1.7B | $1.3B |
| Gross profit | $6.8B | $6.0B | $5.0B | $3.8B | $3.0B |
| Research and development | $2.0B | $1.8B | $1.6B | $1.4B | $1.1B |
| Operating expenses | $5.5B | $5.3B | $4.6B | $4.0B | $3.3B |
| Operating income | $1.2B | $683.9M | $387.3M | -$188.8M | -$304.1M |
| Interest expense | $3.0M | $8.3M | $27.2M | $27.4M | $163.3M |
| Pretax income | $1.6B | $988.3M | $566.3M | -$207.2M | -$465.0M |
| Income tax expense | $461.8M | -$1.6B | $126.6M | $59.8M | $33.9M |
| Net income | $1.1B | $2.6B | $439.7M | -$267.0M | -$498.9M |
| Balance Sheet | |||||
| Cash and equivalents | $2.3B | $1.5B | $1.1B | $2.1B | $1.9B |
| Current assets | $7.5B | $6.8B | $6.0B | $6.4B | $4.6B |
| Total assets | $23.6B | $20.0B | $14.5B | $12.3B | $10.2B |
| Current liabilities | $8.0B | $7.7B | $7.7B | $8.3B | $5.1B |
| Total liabilities | $15.8B | $14.8B | $12.8B | $12.0B | $9.5B |
| Total debt | — | — | $2.0B | $3.7B | $3.7B |
| Stockholders' equity | $7.8B | $5.2B | $1.7B | $210.0M | $634.5M |
| Cash Flow Statement | |||||
| Cash from operations | $3.7B | $3.3B | $2.8B | $2.0B | $1.5B |
| Depreciation and amortization | $343.4M | $283.3M | $282.2M | $282.6M | $260.4M |
| Stock-based compensation | $1.3B | $1.1B | $1.1B | $1.0B | $894.5M |
| Capital expenditure | $246.2M | $156.8M | $146.3M | $192.8M | $116.0M |
| Free cash flow | $3.5B | $3.1B | $2.6B | $1.8B | $1.4B |
| Share repurchases | $0 | $566.7M | $272.7M | $892.3M | $1.2B |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 815.0M · Free float 99.4%
Annual filing data through FY ended July 31, 2025; float as of July 12, 2026.