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Palo Alto Networks, Inc. PANW Product — Total share-based compensation

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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$270.44B+137%
Enterprise value$270.3B+141%
P/E320.9×+220×
P/S25.5×+13.1×

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:AllocatedShareBasedCompensationExpense.

The source filing: Palo Alto Networks, Inc.’s 10-Q, filed June 3, 2026.

Filed
Jun 2, 2026, 8:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001327567-26-000015
Line itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025Nine Months Ended April 30, 2026Nine Months Ended April 30, 2025
Cost of product revenue$2$1$4$4
Cost of subscription and support revenue503211495
Research and development206134477411
Sales and marketing18892388258
General and administrative23867372173
Total share-based compensation$684$326$1,355$941

Item 1. Financial Statements

FAQ

What is Palo Alto Networks, Inc.'s product — total share-based compensation?
Palo Alto Networks, Inc. (PANW) reported product — total share-based compensation of $2M in Q1 2026.
How has Palo Alto Networks, Inc.'s product — total share-based compensation changed year-over-year?
Palo Alto Networks, Inc.'s product — total share-based compensation increased by 100.0% year-over-year, from $1M to $2M.
What is the long-term trend for Palo Alto Networks, Inc.'s product — total share-based compensation?
Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s product — total share-based compensation has grown at a -4.8% compound annual growth rate (CAGR), from $6.2M to $5.1M.
What does product — total share-based compensation mean?
This metric represents the portion of total share-based compensation expense allocated specifically to the product segment's workforce, including engineering and manufacturing personnel. It reflects the non-cash cost of equity-based incentives used to attract and retain talent focused on hardware development. Investors use this to understand the true economic cost of labor within the product business unit.

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