Palo Alto Networks Inc
PANWNasdaq · SIC 3577
$358.68
↑ +1.3%Jul 17 close · end-of-day
Price
1Y↑ +86.2%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$287.3B
Enterprise Value
$284.2B
P/E
294.0
P/S
27.1
P/B
10.4
EV/EBITDA
175.6
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
$10.6B
Net Income (TTM)
$842.9M
Free Cash Flow (TTM)
—
Gross Margin
71.9%
Operating Margin
9.6%
Net Margin
8.0%
ROE
3.0%
ROIC
2.5%
Debt / Equity
—
Net Cash
$3.1B
Return 1Y
+82.7%
Company profile
Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; Panorama, a security management solution. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, uniform resource locator filtering, laptop and mobile device protection, and firewall.
- CEO
- Nikesh Arora
- Sector
- Manufacturing
- Industry
- Computer Hardware
- Employees
- 12,600
- Headquarters
- California
- Website
- paloaltonetworks.com
Management & directors
- Paul Josh D.Chief Accounting Officer
- Golechha DipakEVP, Chief Financial Officer
- Klarich LeeEVP Chief Product & Tech Ofcr
- Arora NikeshChief Executive Officer
- Jenkins William D JrPresident
- Zuk NirEVP, Chief Technology Officer
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-09-01
PANW Q3 2026 Earnings
Period ends 2026-04-30
MetricActualYoY
Revenue$3.0B↑ +31.1%
Diluted EPS-$0.22↓ -159.5%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $3.4B | $4.3B | $5.5B | $6.9B | $8.0B | $9.2B |
| Gross profit | $2.4B | $3.0B | $3.8B | $5.0B | $6.0B | $6.8B |
| Operating income | -$179.0M | -$304.1M | -$188.8M | $387.3M | $683.9M | $1.2B |
| Net income | -$267.0M | -$498.9M | -$267.0M | $439.7M | $2.6B | $1.1B |
| Diluted EPS | -$2.76 | -$1.73 | -$0.90 | $0.64 | $3.64 | $1.60 |
| Operating cash flow | $1.0B | $1.5B | $2.0B | $2.8B | $3.3B | $3.7B |
| Free cash flow | — | — | — | — | — | — |
| Gross margin | 70.7% | 70.0% | 68.8% | 72.3% | 74.3% | 73.4% |
| Operating margin | -5.3% | -7.1% | -3.4% | 5.6% | 8.5% | 13.5% |
| Net margin | -7.8% | -11.7% | -4.9% | 6.4% | 32.1% | 12.3% |
| Line item | Q4 '24 | Q1 '24 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '25 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.2B | $2.1B | $2.3B | $2.3B | $2.5B | $2.5B | $2.6B | $3.0B |
| Gross profit | $1.6B | $1.6B | $1.7B | $1.7B | $1.9B | $1.8B | $1.9B | $2.0B |
| Operating income | $238.4M | $286.0M | $241.0M | $219.0M | $496.9M | $309.0M | $397.0M | -$183.0M |
| Net income | $357.7M | $351.0M | $267.0M | $262.0M | $253.9M | $334.0M | $432.0M | -$177.0M |
| Diluted EPS | $0.25 | $0.49 | $0.38 | $0.37 | $0.36 | $0.47 | $0.61 | -$0.22 |
| Operating cash flow | $512.7M | $1.5B | $557.0M | $628.0M | $1.0B | $1.8B | $554.0M | $871.0M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | 73.8% | 74.1% | 73.5% | 73.0% | 73.2% | 74.2% | 73.6% | 67.6% |
| Operating margin | 10.9% | 13.4% | 10.7% | 9.6% | 19.6% | 12.5% | 15.3% | -6.1% |
| Net margin | 16.3% | 16.4% | 11.8% | 11.4% | 10.0% | 13.5% | 16.7% | -5.9% |
Company news
Jul 20, 2026
- 1h agoEli Lilly Stock And The Price Of Confidencetrefis.com
- 2h agoWall Street Just Supersized Its Price Targets on Okta and Fortinet. Are Cybersecurity Stocks a Must-Own in 2026?247wallst.com
- 5h agoCan XM Cyber IP Acquisition Strengthen CrowdStrike's Falcon Platform?finance.yahoo.com
- 5h agoZS' Zero Trust Everywhere Gains Steam: Will It Fuel Revenue Growth?finance.yahoo.com
- 7h agoNeo Launches with $100M to Secure AI Software Across the Enterprisefinance.yahoo.com
- 15h agoWhy Did ATAI, PANW, TRV Stocks Surge To 52-Week Highs Last Week?stocktwits.com
- 17h agoNasdaq, Dow, S&P 500 Futures Edge Higher Ahead Of Key Earnings Week Even As Middle East Tensions Continue: DJT, NVDA, SLS, PANW Stocks In Focusstocktwits.com
Jul 18, 2026
Jul 17, 2026
- 3d agoJim Cramer Says There Will Always Be Another DeepSeek — Here Are the 5 Best Cybersecurity Stocks to Own Right Now247wallst.com
- 3d agoHow to Find the Bargains in the Software Stock Wreckagefinance.yahoo.com
- 3d agoCapital One Just Upgraded Palo Alto Networks Stock. Here's Why.barchart.com
- 3d agoFortinet Stock Is Pricing In A Much Bigger Futuretrefis.com
- 3d agoPalo Alto’s Nir Zuk among investors in Liberty Bank parent companyretailbankerinternational.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-07 | Thorning-Schmidt Helle | Sale | 700 | $346.85 | $242,795.00 | filing |
| 2026-07-01 | Paul Josh D.· Chief Accounting Officer | Tax withholding | 1,092 | $341.02 | $372,393.84 | filing |
| 2026-07-01 | Paul Josh D.· Chief Accounting Officer | Sale | 900 | $345.00 | $310,500.00 | filing |
| 2026-07-01 | Bawa Aparna | Sale | 290 | $348.74 | $101,134.60 | filing |
| 2026-06-29 | Bawa Aparna | Sale | 327 | $309.83 | $101,314.41 | filing |
| 2026-06-29 | Bawa Aparna | Sale | 305 | $328.14 | $100,082.70 | filing |
| 2026-06-23 | Golechha Dipak· EVP, Chief Financial Officer | Sale | 2,100 | $290.03 | $609,067.20 | filing |
| 2026-06-23 | Golechha Dipak· EVP, Chief Financial Officer | Sale | 1,300 | $288.96 | $375,644.10 | filing |
| 2026-06-23 | Golechha Dipak· EVP, Chief Financial Officer | Sale | 886 | $291.07 | $257,885.36 | filing |
| 2026-06-23 | Golechha Dipak· EVP, Chief Financial Officer | Sale | 300 | $284.80 | $85,440.00 | filing |
| 2026-06-23 | Golechha Dipak· EVP, Chief Financial Officer | Sale | 214 | $291.84 | $62,453.12 | filing |
| 2026-06-23 | Golechha Dipak· EVP, Chief Financial Officer | Sale | 200 | $286.68 | $57,335.00 | filing |
| 2026-06-22 | Bawa Aparna | Sale | 345 | $290.17 | $100,109.00 | filing |
| 2026-06-12 | Key John P. | Sale | 7,500 | $279.24 | $2.1M | filing |
| 2026-06-12 | GOETZ JAMES J | Sale | 7,114 | $279.88 | $2.0M | filing |
| 2026-06-12 | GOETZ JAMES J | Sale | 5,193 | $280.89 | $1.5M | filing |
| 2026-06-12 | GOETZ JAMES J | Sale | 4,800 | $278.89 | $1.3M | filing |
| 2026-06-12 | GOETZ JAMES J | Sale | 1,493 | $281.64 | $420,492.85 | filing |
| 2026-06-12 | GOETZ JAMES J | Sale | 1,400 | $277.89 | $389,039.84 | filing |
| 2026-06-12 | Bawa Aparna | Sale | 536 | $280.00 | $150,080.00 | filing |
| 2026-06-11 | Bawa Aparna | Sale | 555 | $270.00 | $149,850.00 | filing |
| 2026-06-10 | Bawa Aparna | Sale | 377 | $265.00 | $99,905.00 | filing |
| 2026-06-01 | Paul Josh D.· Chief Accounting Officer | Sale | 1,100 | $285.08 | $313,588.00 | filing |
| 2026-06-01 | Thorning-Schmidt Helle | Tax withholding | 211 | $281.69 | $59,436.59 | filing |
| 2026-05-22 | Klarich Lee· EVP Chief Product & Tech Ofcr | Sale | 18,067 | $259.62 | $4.7M | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.