Palo Alto Networks, Inc.
PANW Technology Software Infrastructure
Palo Alto Networks, Inc.’s revenue for fiscal 2026 (year ended July 2026) was $11.5 billion, up 24.5% from fiscal 2025. In the quarter to July 2026, revenue grew 34.5%, EPS fell 192.1%, free cash flow grew 34.3% and total debt rose 174.7%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.
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A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| Jul '17 | Jul '18 | Jul '19 | Jul '20 | Jul '21 | Jul '22 | Jul '23 | Jul '24 | Jul '25 | Jul '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash and Short Term Investments |
1,375.00 | 3,403.40 | 2,803.10 | 3,747.80 | 2,901.10 | 3,634.50 | 2,390.00 | 2,578.80 | 2,904.00 | 3,071.00 |
Receivables |
432.10 | 467.00 | 582.40 | 1,037.10 | 1,240.40 | 2,253.80 | 2,852.00 | 3,344.50 | 3,680.00 | 4,221.00 |
Total current assets |
1,976.30 | 4,138.50 | 3,664.80 | 5,129.20 | 4,647.30 | 6,414.90 | 6,048.00 | 6,849.70 | 7,523.00 | 8,643.00 |
Property, Plant, Equpment (Net) |
211.10 | 273.10 | 296.00 | 348.10 | 318.40 | 357.80 | 354.50 | 361.10 | 387.00 | 523.00 |
Long-Term Investments |
789.30 | 547.50 | 575.40 | 554.40 | 888.30 | 1,051.90 | 3,047.90 | 4,173.20 | 5,555.00 | 4,835.00 |
Long-term receivables |
— | — | — | — | — | 192.10 | 653.30 | 1,182.10 | 1,002.00 | 944.00 |
Goodwill and Intangible Assets (Total) |
292.50 | 663.60 | 1,632.90 | 2,171.10 | 3,208.70 | 3,132.20 | 3,242.20 | 3,725.00 | 5,330.00 | 29,027.00 |
Long Term Assets (Tax, Deferred) |
— | — | — | — | — | — | 23.10 | 2,399.00 | 2,424.00 | 2,443.00 |
Long-term assets (Other) |
169.10 | 326.20 | 423.10 | 181.60 | 421.40 | 312.60 | 321.70 | 352.90 | 422.00 | 678.00 |
Total non-current assets |
1,462.00 | 1,810.40 | 2,927.40 | 3,936.20 | 5,594.30 | 5,838.70 | 8,453.10 | 13,141.20 | 16,053.00 | 39,817.00 |
Total Assets |
3,438.30 | 5,948.90 | 6,592.20 | 9,065.40 | 10,241.60 | 12,253.60 | 14,501.10 | 19,990.90 | 23,576.00 | 48,460.00 |
Accounts Payable |
35.50 | 49.40 | 73.30 | 63.60 | 56.90 | 128.00 | 132.30 | 116.30 | 232.00 | 290.00 |
Accrued Expenses |
197.40 | 288.30 | 397.90 | 579.00 | 760.00 | 860.30 | 939.10 | 1,061.40 | 1,454.00 | 1,886.00 |
Current Part of Debt |
— | 550.40 | — | 58.00 | 1,557.90 | 3,676.80 | 1,991.50 | 963.90 | — | — |
Current Revenue (Deferred) |
968.40 | 1,213.60 | 1,582.10 | 2,049.10 | 2,741.90 | 3,641.20 | 4,674.60 | 5,541.10 | 6,302.00 | 7,747.00 |
Total current liabilities |
1,201.30 | 2,101.70 | 2,053.30 | 2,691.70 | 5,116.70 | 8,306.30 | 7,737.50 | 7,682.70 | 7,988.00 | 9,923.00 |
Long Term Debt (Total) |
524.70 | 1,369.70 | 1,430.00 | 3,084.10 | 1,668.10 | 276.00 | 279.00 | — | — | 1,774.00 |
Non-current Revenue (Deferred) |
805.10 | 1,065.70 | 1,306.60 | 1,761.10 | 2,282.10 | 3,352.80 | 4,621.80 | 5,939.40 | 6,450.00 | 7,009.00 |
Long Term Tax Liability (Deferred) |
— | — | — | — | — | — | 28.10 | 387.70 | 89.00 | 251.00 |
Non-current Liabilities (Other) |
147.60 | 251.50 | 216.00 | 90.10 | 226.80 | 108.40 | 86.10 | 430.90 | 887.00 | 1,285.00 |
Total non-current liabilities |
1,477.40 | 2,686.90 | 2,952.60 | 5,271.90 | 4,490.40 | 3,737.30 | 5,015.20 | 7,138.50 | 7,764.00 | 11,045.00 |
Total liabilities |
2,678.70 | 4,788.60 | 5,005.90 | 7,963.60 | 9,607.10 | 12,043.60 | 12,752.70 | 14,821.20 | 15,752.00 | 20,968.00 |
Common Stock (Net) |
1,599.70 | 1,967.40 | 2,490.90 | 2,259.20 | 2,311.20 | 1,932.70 | 3,019.00 | 3,821.10 | 5,292.00 | 24,772.00 |
Retained Earnings |
(836.70) | (790.70) | (900.90) | (1,167.90) | (1,666.80) | (1,667.10) | (1,227.40) | 1,350.20 | 2,484.00 | 2,791.00 |
Common Equity (Total) |
759.60 | 1,160.30 | 1,586.30 | 1,101.80 | 634.50 | 210.00 | 1,748.40 | 5,169.70 | 7,824.00 | 27,492.00 |
Shareholders Equity (Total) |
759.60 | 1,160.30 | 1,586.30 | 1,101.80 | 634.50 | 210.00 | 1,748.40 | 5,169.70 | 7,824.00 | 27,492.00 |
Shareholders Equity and Liabilities (Total) |
3,438.30 | 5,948.90 | 6,592.20 | 9,065.40 | 10,241.60 | 12,253.60 | 14,501.10 | 19,990.90 | 23,576.00 | 48,460.00 |
Shares (Common) |
549.00 | 561.60 | 580.80 | 577.80 | 583.80 | 597.60 | 616.60 | 650.20 | 668.00 | 815.00 |
Shareholders Equity (Tangible) |
467.10 | 496.70 | (46.60) | (1,069.30) | (2,574.20) | (2,922.20) | (1,493.80) | 1,444.70 | 2,494.00 | (1,535.00) |
Net Debt |
(850.30) | (1,483.30) | (1,373.10) | (605.70) | 324.90 | 318.30 | (119.50) | (1,614.90) | (2,904.00) | (1,297.00) |
Total Debt |
524.70 | 1,920.10 | 1,430.00 | 3,142.10 | 3,226.00 | 3,952.80 | 2,270.50 | 963.90 | — | 1,774.00 |