---
title: "Palo Alto Networks (PANW.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/PANW.US/norm.md"
symbol: "PANW.US"
name: "Palo Alto Networks"
parent: "https://longbridge.com/en/quote/PANW.US.md"
datetime: "2026-05-19T21:36:21.606Z"
locales:
  - [en](https://longbridge.com/en/quote/PANW.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/PANW.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/PANW.US/norm.md)
---

# Palo Alto Networks (PANW.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.6100 | 0.4700 | 0.3580 | 0.3700 | 0.3800 |
| ROE | 19.14% | 16.20% | 13.49% | 15.41% | 17.38% |
| Revenue | 2.59B | 2.47B | 2.54B | 2.29B | 2.26B |
| Net income | 432.00M | 334.00M | 253.80M | 262.10M | 267.00M |
| Operating income | 402.00M | 297.00M | 343.10M | 224.40M | 252.00M |
| Gross margin | 73.59% | 74.21% | 73.23% | 72.94% | 73.46% |
| Net margin | 16.65% | 13.50% | 10.01% | 11.45% | 11.83% |
| Profit quality | 72.56% | 16.77% | 33.61% | 35.69% | 45.24% |

## Balance Sheet (USD)

| Indicator | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 24.98B | 23.54B | 23.58B | 22.00B | 20.95B |
| Leverage | 2.66 | 2.72 | 3.01 | 3.04 | 3.29 |
| BVPS | 13.36 | 12.52 | 11.71 | 10.86 | 9.65 |
| Turnover | 0.4308 | 0.4353 | 0.4233 | 0.4445 | 0.4368 |
| Cash & STI | 4.54B | 4.21B | 2.90B | 3.30B | 3.23B |
| Inv & Rec | - | - | - | - | - |
| LT assets | 853.00M | 747.00M | 734.30M | 724.30M | 731.10M |
| Net debt | -4.08B | -3.78B | -2.49B | -2.49B | -2.26B |

## Cash Flow Statement (USD)

| Indicator | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 554.00M | 1.77B | 1.02B | 628.70M | 557.00M |
| Investing CF | 651.00M | -983.00M | -762.50M | -517.60M | -381.00M |
| Financing CF | -114.00M | 8.00M | -374.10M | 47.10M | -232.00M |
| Free CF | 462.25M | 1.63B | 350.54M | 413.65M | 637.10M |
| OCF coverage | 325.88% | 2108.33% | 217.38% | 286.82% | 345.96% |
| Repaid & issued | - | - | - | - | - |
| CapEx | -170.00M | -84.00M | -86.30M | -68.30M | -48.00M |