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MARKETS / NASDAQ / PANW
NASDAQ · COMPUTER PERIPHERAL EQUIPMENT, NEC · LARGE CAP

Palo Alto Networks Inc. PANW

15 fiscal years on record · USD · FY2025 reported · SEC filings only
$9.2B
▲ 14.9% YoY
$1.1B
▼ 56.0% YoY
$3.5B
▲ 11.9% YoY
Growth
USD 9.2B
Revenue, FY2025 · full 15-year series below
Revenue $B Net income $B
FY2025 · Revenue 9.2 · Net income 1.1
4B8B20112013201520172019202120232025
Compound annual growth
+18.8%
+22.0%
+25.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +22.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
12 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 13.5% · Net 12.3%
10%20%30%-10%-20%-30%20112013201520172019202120232025
ROE
FY2025 · ROE 17.5%
20%40%60%-20%-40%-60%20112013201520172019202120232025

Each USD of equity produced 17 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 3.5
2B20112013201520172019202120232025
Net buybacks $B Dividends $B
FY2025 · Dividends — · Net buybacks 0.0
0.4B0.8B20112013201520172019202120232025

Total assetsUSD 23.6B
EquityUSD 7.8B
CashUSD 2.3B
Current ratio0.94×

Equity funds 33% of total assets.

The 15-year record
15 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011
Revenue $B9.28.06.95.54.33.42.92.31.81.40.90.60.40.30.1
Operating income $B1.20.70.4−0.2−0.3−0.2−0.1−0.1−0.2−0.2−0.1−0.2−0.00.0−0.0
EBITDA $B1.61.00.70.1−0.00.00.1−0.0−0.1−0.1−0.1−0.2−0.00.0−0.0
Income tax $B0.5−1.60.10.10.00.00.00.00.00.00.00.00.00.00.0
Net income $B1.12.60.4−0.3−0.5−0.3−0.1−0.1−0.2−0.2−0.1−0.2−0.00.0−0.0
Free cash flow $B3.53.12.61.81.40.80.90.90.70.60.30.10.10.10.0
EPS, diluted $1.603.640.64−0.90−1.73−2.76−0.87−1.33−2.24−2.21−1.61−3.05−0.430.00−0.88
Dividend / sh $···············
Payout %···············
ROE %17.574.544.9−63.2−57.5−19.9−6.0−12.7−24.5−27.9−27.5−61.1−11.70.3·
Shares out B0.670.650.310.300.100.100.100.090.090.090.080.080.070.070.02

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 72 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 23 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityComputer Peripheral Equipment, NEC
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsJuly 31
Data on record since2011

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