Equity
Retained Earnings
Palo Alto Networks, Inc. Retained Earnings increased by 15.3% to $3.25B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 65.1%, from $1.97B to $3.25B. Over 4 years (FY 2021 to FY 2025), Retained Earnings shows an upward trend with a 10.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionEquity
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ2 2026Feb 18, 2026
How to read this metric
An increase signals strong historical profitability and reinvestment, while a decrease may indicate losses or significant dividend payouts.
Detailed definition
This represents the cumulative net income earned by the company since its inception, minus any dividends paid to shareho...
Peer comparison
A key metric for all established companies; growth rates are compared against peers to gauge long-term success.
Metric ID:
retained_earningsHistorical Data
16 periods
| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$1.67B | -$1.67B | -$1.65B | -$1.56B | -$1.46B | -$1.23B | -$1.03B | $713.70M | $992.50M | $1.35B | $1.70B | $1.97B | $2.23B | $2.48B | $2.82B | $3.25B |
| QoQ Change | — | -0.0% | +1.2% | +5.1% | +6.9% | +15.6% | +15.8% | +169.1% | +39.1% | +36.0% | +26.0% | +15.7% | +13.3% | +11.4% | +13.4% | +15.3% |
| YoY Change | — | -0.0% | — | — | — | +26.4% | +37.3% | +145.7% | +168.2% | +210.0% | +264.6% | +175.8% | +124.7% | +84.0% | +65.7% | +65.1% |
Range-$1.67B – $3.25B
CAGR+19.5%
Avg YoY Growth+113.9%
Median YoY Growth+104.3%
Current Streak14 quarters growth
Retained Earnings at Other Companies
Frequently Asked Questions
- What is Palo Alto Networks, Inc.'s retained earnings?
- Palo Alto Networks, Inc. (PANW) reported retained earnings of $3.25B in Q4 2025.
- How has Palo Alto Networks, Inc.'s retained earnings changed year-over-year?
- Palo Alto Networks, Inc.'s retained earnings increased by 65.1% year-over-year, from $1.97B to $3.25B.
- What is the long-term trend for Palo Alto Networks, Inc.'s retained earnings?
- Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s retained earnings has grown at a 10.5% compound annual growth rate (CAGR), from -$1.67B to $2.48B.
- What does retained earnings mean?
- The total accumulated profits the company has kept and reinvested rather than paying out as dividends.