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Saturday 17 October 2026 Export PANW’s income statement to Excel — free account

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.

342.00 28.27 −7.63%
Market cap
$302.9B
P/E
645×
Fwd P/E
135×
Dividend yield
—
F-score
3/9
Altman Z
7.45
Beneish M
−2.56
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Palo Alto Networks, Inc. (PANW) Current ratio

Alert me on Current ratio

Palo Alto Networks, Inc.'s current ratio at the end of the quarter to 31 July 2026 was 0.9×. Over the past ten years it has ranged from 0.8× (fiscal 2022) to 2.1× (fiscal 2016); the current reading is higher than 25% of that period. That is below the Software Infrastructure industry median of 1.6× and below the Technology sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 0.9× (7.52%)
FY2025 0.9× 5.63%
FY2024 0.9× 14.07%
FY2023 0.8× 1.20%
FY2022 0.8× (14.97%)
FY2021 0.9× (52.34%)
FY2020 1.9× 6.77%
FY2019 1.8× (9.36%)
FY2018 2.0× 19.69%
FY2017 1.6× (21.47%)

Quarterly newest first

Period Current ratio Change
Jul 2026 0.9× 1.70%
Apr 2026 0.9× (18.04%)
Jan 2026 1.0× 6.04%
Oct 2025 1.0× 4.63%
43 more quarters

Against its own ten years

Low 0.8× High 2.1×
Ten-year median 1.0×
Current reading's percentile 25

Current ratio against peers

Company Current ratio
PLTR Palantir Technologies Inc. compare 7.2×
NBIS Nebius Group N.V. compare 4.0×
XYZ Block, Inc. compare 2.2×
NET Cloudflare, Inc. compare 1.8×
CRWD CrowdStrike compare 1.6×
SNPS Synopsys, Inc. compare 1.3×
FTNT Fortinet, Inc. compare 1.3×
ORCL Oracle Corporation compare 1.2×
PANW Palo Alto Networks, Inc. 0.9×
Software Infrastructure industry median 1.6×
Technology sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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