PANW: financial statements from SEC — TradeAlmanac

PANW

Palo Alto Networks, Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	Apr 30, 2026	Jan 31, 2026	Oct 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024
Revenue	3.00bn	2.59bn	2.47bn	2.29bn	2.26bn	2.14bn
Cost of revenue	974m	685m	638m	619m	599m	554m
Gross profit	2.03bn	1.91bn	1.84bn	1.67bn	1.66bn	1.59bn
Research and development	734m	511m	528m	495m	505m	481m
Selling, general and administrative	316m	178m	179m	164m	154m	98m
Operating expenses	2.21bn	1.51bn	1.53bn	1.45bn	1.42bn	1.30bn
Operating income	−183m	397m	309m	219m	241m	286m
Pre-tax income	−156m	549m	412m	311m	325m	368m
Income tax	21m	117m	78m	48m	58m	17m
Net income	−177m	432m	334m	262m	267m	351m
Earnings per share	−0.22	0.61	0.49	0.39	0.41	0.54
Earnings per share, diluted	−0.22	0.61	0.47	0.37	0.38	0.49
Weighted average shares	801m	704m	679m	665m	659m	654m
Weighted average shares, diluted	801m	711m	709m	707m	709m	709m

Balance sheet

Metric	Apr 30, 2026	Jan 31, 2026	Oct 31, 2025	Jul 31, 2025	Apr 30, 2025	Jan 31, 2025	Oct 31, 2024	Jul 31, 2024
Cash and equivalents	2.36bn	4.16bn	3.07bn	2.27bn	2.38bn	2.23bn	2.28bn	1.55bn
Short-term investments	747m	378m

Cash flow

Metric	Oct 31, 2025	Oct 31, 2024
Operating cash flow	1.77bn	1.51bn
Depreciation and amortisation	89m	84m
Share-based compensation	370m	295m
Capital expenditure	84m	44m
Investing cash flow	−983m	−544m
Share buybacks

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)