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Net Income at other companies

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$31.78B+23.1%
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$3.37B+35.4%
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$106.32M-13.7%
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FortinetFTNT
$534.5M+23.3%

Other financials

Income statement

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Revenue$3.0B+31.1%
Gross profit$2.0B+21.4%
Operating income-$183.0M-184%
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$238.87B+79.8%
Enterprise value$238.73B+82.0%
P/E283.4×+176×
P/S22.5×+7.6×

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:NetIncomeLoss.

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 net income?
Palo Alto Networks, Inc. (PANW) reported net income of -$177M in Q1 2026.
How has Palo Alto Networks, Inc.'s net income changed year-over-year?
Palo Alto Networks, Inc.'s net income decreased by 167.6% year-over-year, from $262M to -$177M.
What is the long-term trend for Palo Alto Networks, Inc.'s net income?
Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s net income has grown at a 22.8% compound annual growth rate (CAGR), from -$498.9M to $1.13B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.