Palo Alto Networks, Inc. Retained Earnings decreased by 5.4% to $3.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 37.8%, from $2.23B to $3.07B. Over 4 years (FY 2021 to FY 2025), Retained Earnings shows an upward trend with a 10.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Consistent growth in retained earnings signals strong historical profitability and the ability to self-fund future growth initiatives.
This represents the cumulative net income earned by the company since inception, minus any dividends paid to shareholder...
High-growth tech companies often have lower retained earnings due to aggressive reinvestment; mature companies typically show higher balances.
retained_earnings| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$1.67B | -$1.67B | -$1.65B | -$1.56B | -$1.46B | -$1.23B | -$1.03B | $713.70M | $992.50M | $1.35B | $1.70B | $1.97B | $2.23B | $2.48B | $2.82B | $3.25B | $3.07B |
| QoQ Change | — | -0.0% | +1.2% | +5.1% | +6.9% | +15.6% | +15.8% | +169.1% | +39.1% | +36.0% | +26.0% | +15.7% | +13.3% | +11.4% | +13.4% | +15.3% | -5.4% |
| YoY Change | — | -0.0% | — | — | — | +26.4% | +37.3% | +145.7% | +168.2% | +210.0% | +264.6% | +175.8% | +124.7% | +84.0% | +65.7% | +65.1% | +37.8% |