Palo Alto Networks, Inc. income statement & cash flow
In the fiscal year ended Jul 31, 2026, Palo Alto Networks, Inc. reported net income of $307.00M on revenue of $11.48B. Operating cash flow was $4.55B.
Income statement and cash flow summary
| Fiscal year ended | Jul 2017 | Jul 2018 | Jul 2019 | Jul 2020 | Jul 2021 | Jul 2022 | Jul 2023 | Jul 2024 | Jul 2025 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.76B | $2.27B | $2.90B | $3.41B | $4.26B | $5.50B | $6.89B | $8.03B | $9.22B | $11.48B |
| Gross profit | $1.28B | $1.63B | $2.09B | $2.41B | $2.98B | $3.78B | $4.98B | $5.97B | $6.77B | $8.08B |
| Operating income | −$165.80M | −$104.20M | −$54.10M | −$179.00M | −$304.10M | −$188.80M | $387.30M | $684.00M | $1.24B | $695.00M |
| Net income | −$203.00M | −$122.20M | −$81.90M | −$267.00M | −$498.90M | −$267.00M | $439.70M | $2.58B | $1.13B | $307.00M |
| Diluted EPS | — | — | −$0.87 | −$2.76 | −$1.73 | −$0.90 | $0.64 | $3.64 | $1.60 | $0.40 |
| Operating cash flow | $868.80M | $1.04B | $1.06B | $1.04B | $1.50B | $1.98B | $2.78B | $3.26B | $3.72B | $4.55B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Jul 2026 | 70.4% | 6.1% | 2.7% |
| Jul 2025 | 73.4% | 13.5% | 12.3% |
| Jul 2024 | 74.3% | 8.5% | 32.1% |
| Jul 2023 | 72.3% | 5.6% | 6.4% |
| Jul 2022 | 68.8% | -3.4% | -4.9% |
Source: SEC EDGAR XBRL company facts for CIK 1327567 (raw data). Most recent filing in this dataset: 10-K filed Sep 10, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.