What is Palo Alto Networks, Inc.'s compensation and benefits?

Palo Alto Networks, Inc. (PANW) reported compensation and benefits of $680M in Q1 2026.

How has Palo Alto Networks, Inc.'s compensation and benefits changed year-over-year?

Palo Alto Networks, Inc.'s compensation and benefits increased by 34.3% year-over-year, from $506.2M to $680M.

What is the long-term trend for Palo Alto Networks, Inc.'s compensation and benefits?

Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s compensation and benefits has grown at a 9.0% compound annual growth rate (CAGR), from $430.6M to $608M.

Palo Alto Networks, Inc. PANW Compensation and benefits

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Other financials

Income statement

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Revenue$3.0B+31.1%

Gross profit$2.0B+21.4%

Operating income-$183.0M-184%

Net income-$177.0M-168%

EPS (diluted)-$0.22-159%

Balance sheet

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Cash & equivalents$2.4B-0.9%

Total debt$2.2B+206%

Total equity$27.7B+283%

Total assets$46.3B+110%

Cash flow

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Operating cash flow$871.0M+38.7%

CapEx$83.0M+22.1%

Free cash flow$788.0M+40.7%

Valuation

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Market cap$263.89B+93.5%

Enterprise value$263.75B+95.8%

P/E313.1×+203×

P/S24.9×+9.5×

Profitability

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Gross margin71.9%-1.6pp

Operating margin9.6%-1.5pp

Net margin7.9%-6.0pp

FCF margin35.8%+2.0pp

Returns & leverage

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Return on equity4.8%-16.3pp

Debt / equity0.1×0.0×

Current ratio0.9×0.0×

Where this comes from

Reported directly by Palo Alto Networks, Inc. in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The official record: Palo Alto Networks, Inc.’s 10-Q, filed June 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Palo Alto Networks, Inc.'s compensation and benefits?: Palo Alto Networks, Inc. (PANW) reported compensation and benefits of $680M in Q1 2026.
How has Palo Alto Networks, Inc.'s compensation and benefits changed year-over-year?: Palo Alto Networks, Inc.'s compensation and benefits increased by 34.3% year-over-year, from $506.2M to $680M.
What is the long-term trend for Palo Alto Networks, Inc.'s compensation and benefits?: Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s compensation and benefits has grown at a 9.0% compound annual growth rate (CAGR), from $430.6M to $608M.