FN2 Earnings Intelligence
Palo Alto Networks, Inc. cash flow
Palo Alto Networks, Inc. (PANW) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 7/31/2021 | 7/31/2022 | 7/31/2023 | 7/31/2024 | 7/31/2025 |
|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - |
| - Cash | $1,874.2 | $2,118.5 | $1,135.3 | $1,535.2 | $2,268.6 |
| + Debt | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - |
| Revenue | $4,256.1 | $5,501.5 | $6,892.7 | $8,027.5 | $9,221.5 |
| % Growth | 24.9% | 29.3% | 25.3% | 16.5% | 14.9% |
| Gross Profit | $2,981.2 | $3,782.8 | $4,983 | $5,968.3 | $6,769.9 |
| % Margin | 70.0% | 68.8% | 72.3% | 74.3% | 73.4% |
| EBITDA | -$43.7 | $93.8 | $669.5 | $967.2 | $1,586.3 |
| % Margin | -1.0% | 1.7% | 9.7% | 12.0% | 17.2% |
| Net Income | -$498.9 | -$267 | $439.7 | $2,577.6 | $1,133.9 |
| % Margin | -11.7% | -4.9% | 6.4% | 32.1% | 12.3% |
| Diluted EPS | -$5.18 | -$2.71 | $1.28 | $7.28 | $1.60 |
| % Growth | - | 47.7% | 147.2% | 468.8% | -78.0% |
| Operating Cash Flow | $1,503 | $1,984.7 | $2,777.5 | $3,257.6 | $3,716 |
| CapEx | $116 | $192.8 | $146.3 | $156.8 | $246.2 |
| Free Cash Flow | $1,387 | $1,791.9 | $2,631.2 | $3,100.8 | $3,469.8 |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 7/31/2021 | 7/31/2022 | 7/31/2023 | 7/31/2024 | 7/31/2025 |
|---|---|---|---|---|---|
| Revenue | $4,256.1 | $5,501.5 | $6,892.7 | $8,027.5 | $9,221.5 |
| Gross Profit | $2,981.2 | $3,782.8 | $4,983 | $5,968.3 | $6,769.9 |
| EBITDA | -$43.7 | $93.8 | $669.5 | $967.2 | $1,586.3 |
| Net Income | -$498.9 | -$267 | $439.7 | $2,577.6 | $1,133.9 |
| Diluted EPS | -$5.18 | -$2.71 | $1.28 | $7.28 | $1.60 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 7/31/2021 | 7/31/2022 | 7/31/2023 | 7/31/2024 | 7/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1,874.2 | $2,118.5 | $1,135.3 | $1,535.2 | $2,268.6 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | $3,226 | $3,676.8 | $1,991.5 | $963.9 | $963.9 |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 7/31/2021 | 7/31/2022 | 7/31/2023 | 7/31/2024 | 7/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1,503 | $1,984.7 | $2,777.5 | $3,257.6 | $3,716 |
| Capital Expenditure | $116 | $192.8 | $146.3 | $156.8 | $246.2 |
| Free Cash Flow | $1,387 | $1,791.9 | $2,631.2 | $3,100.8 | $3,469.8 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 7/31/2021 | 7/31/2022 | 7/31/2023 | 7/31/2024 | 7/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 24.9% | 29.3% | 25.3% | 16.5% | 14.9% |
| Gross Margin | 70.0% | 68.8% | 72.3% | 74.3% | 73.4% |
| EBITDA Margin | -1.0% | 1.7% | 9.7% | 12.0% | 17.2% |
| Net Margin | -11.7% | -4.9% | 6.4% | 32.1% | 12.3% |
| FCF Margin | 32.6% | 32.6% | 38.2% | 38.6% | 37.6% |
| Diluted EPS Growth | - | 47.7% | 147.2% | 468.8% | -78.0% |