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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$298.57B+156%
Enterprise value$298.42B+160%
P/S28.2×+15.5×

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

Calculated from Palo Alto Networks, Inc.’s reported figures.

Based on the most recent quarter.

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

Filed
Jun 2, 2026, 8:00 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001327567-26-000015

FAQ

What is Palo Alto Networks, Inc.'s price / earnings?
Palo Alto Networks, Inc. (PANW) reported price / earnings of 172.5× in Q1 2026.
How has Palo Alto Networks, Inc.'s price / earnings changed year-over-year?
Palo Alto Networks, Inc.'s price / earnings increased by 83.2% year-over-year, from 94.2× to 172.5×.
What is the long-term trend for Palo Alto Networks, Inc.'s price / earnings?
Over 2 years (2023 to 2025), Palo Alto Networks, Inc.'s price / earnings has grown at a -23.9% compound annual growth rate (CAGR), from 176.3× to 102.1×.
What does price / earnings mean?
Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

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