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Price / sales at other companies

Microsoft logo
MicrosoftMSFT
8.4×-4.6×
Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
5.9×+1.9×
F5, Inc. logo
F5, Inc.FFIV
7.1×+1.5×
VirnetX Holding Corp
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VirnetX Holding Corp VHC
364.6×-10,076×
Akamai Technologies logo
Akamai TechnologiesAKAM
3.9×+0.9×
Qualys, Inc. logo
Qualys, Inc.QLYS
4.6×-2.8×

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/E354.2×+251×

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 / sales?
Palo Alto Networks, Inc. (PANW) reported price / sales of 13.7× in Q1 2026.
How has Palo Alto Networks, Inc.'s price / sales changed year-over-year?
Palo Alto Networks, Inc.'s price / sales increased by 4.4% year-over-year, from 13.1× to 13.7×.
What is the long-term trend for Palo Alto Networks, Inc.'s price / sales?
Over 4 years (2021 to 2025), Palo Alto Networks, Inc.'s price / sales has grown at a 68.9% compound annual growth rate (CAGR), from 1.5× to 12.6×.
What does price / sales mean?
Market capitalization at the quarter end divided by trailing-twelve-month revenue. The price the market pays for each dollar of sales.

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