Historical source-based research. Compilation date and financial period are different dates.
Executive summary
Annual revenue of USD 11.480 billion and net income of USD 307.00 million for the period ended 2026-07-31. This is a structured data brief from filed financial statements, not an independently audited investment opinion.
Business and industry context
Palo Alto Networks Inc is an SEC-reporting issuer listed on NASDAQ under PANW. Its SEC industry description is Computer Peripheral Equipment, NEC. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications. Product cycles, recurring software revenue and infrastructure investment shape this broad group. Hardware and software businesses have different cost structures.
Financial evidence
The selected fiscal period runs from 2025-08-01 to 2026-07-31. Revenue was USD 11.480 billion; operating income was USD 695.00 million; diluted EPS was USD 0.40 per share. Prior-period revenue was USD 9.221 billion. The reported revenue change was 24.50%. Comparisons are not adjusted for acquisitions, disposals, foreign exchange or fiscal-week differences.
Profitability and cash generation
Net margin, calculated as net income divided by revenue, was 2.67%. Operating cash flow was USD 4.553 billion; capital expenditure was not available. Free cash flow (operating cash flow less purchases of property, plant and equipment) was not available. Missing standard tags are not interpreted as zero. These measures may not be directly comparable between business models.
Balance-sheet context
Total assets were USD 48.460 billion, total liabilities USD 20.968 billion and reported shareholder equity USD 27.492 billion at the period end. Total liabilities include operating obligations and are not a measure of interest-bearing debt.
Valuation context
Company profiles show eligible dated valuation ratios using the September 17, 2026 price snapshot and selected annual accounting denominators. Capitalization-based measures use estimates and are identified as such. These are not live, TTM or forward values. A historical-multiple series and EV/EBITDA are not available. Sector medians describe a selected sample; they do not establish fair value or expected returns.
Risks and uncertainties
Customer concentration, product transitions, export restrictions and the durability of capital spending. Standardized XBRL can omit custom-tag disclosures. Annual data cannot establish the direction of the latest quarter.
What to monitor
Revenue mix, research spending, inventory and cash conversion. Read subsequent quarterly filings, footnotes and accounting-policy changes before interpreting these historical observations.
Methodology note
Source snapshots were collected on September 18, 2026. Values preserve reported currency and periods. This brief was compiled on September 26, 2026; the publication date is not a new source retrieval date.
Sources & dates
- SEC annual filing · 2026-07-31 ↗Source date 2026-09-10
- SEC annual filing · 2025-07-31 ↗Source date 2026-09-10
- SEC annual filing · 2024-07-31 ↗Source date 2026-09-10
- SEC annual filing · 2023-07-31 ↗Source date 2025-08-29
- SEC issuer record ↗Source date 2026-09-18