Palo Alto Networks Quarterly Cash Flow Statement
NASDAQ: PANWTechnologyComputer peripheral equipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Palo Alto Networks free cash flow
In the quarter ended Jul 31, 2026, Palo Alto Networks generated $1.36 billion of operating cash flow and spent $103.0 million on capital expenditures. That left free cash flow of $1.25 billion, a free-cash-flow margin of 36.8% of revenue. Free cash flow was up 34.3% from the prior year's $934.0 million.
Summary generated from market data by MetaCap's automated system. Methodology
Palo Alto Networks cash flow statement (quarterly)
| Quarter (USD) | Q4 20262026-07-31 | Q3 20262026-04-30 | Q2 20262026-01-31 | Q1 20262025-10-31 | Q4 20252025-07-31 | Q3 20252025-04-30 | Q2 20252025-01-31 | Q1 20252024-10-31 | Q4 20242024-07-31 | Q3 20242024-04-30 | Q2 20242024-01-31 | Q1 20242023-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | -282.00M | -177.00M | 432.00M | 334.00M | 254.00M | 262.00M | 267.00M | 351.00M | 358.10M | 278.80M | 1.75B | 194.20M |
| Net Income growth (YoY) | -211.02% | -167.56% | +61.80% | -4.84% | -29.07% | -6.03% | -84.72% | +80.74% | +57.27% | +158.63% | +1974.70% | +871.00% |
| Depreciation & Amortization | 341.00M | 334.00M | 91.00M | 89.00M | 84.00M | 88.00M | 87.00M | 84.00M | 76.80M | 74.30M | 68.60M | 64.30M |
| Stock-Based Compensation | 460.00M | 643.00M | 301.00M | 370.00M | 354.00M | 326.00M | 320.00M | 295.00M | 269.50M | 263.50M | 272.00M | 271.00M |
| Change in Working Capital | 274.00M | -18.00M | -550.00M | 1.06B | 169.00M | -78.00M | -165.00M | 1.16B | 232.70M | 463.60M | -70.50M | 1.25B |
| Operating Cash Flow | 1.36B | 871.00M | 554.00M | 1.77B | 1.02B | 628.00M | 557.00M | 1.51B | 513.10M | 528.90M | 690.00M | 1.53B |
| Capital Expenditures | -103.00M | -83.00M | -170.00M | -84.00M | -87.00M | -68.00M | -48.00M | -44.00M | -47.60M | -37.40M | -35.20M | -36.80M |
| Investing Cash Flow | -1.01B | -1.77B | 651.00M | -983.00M | -763.00M | -517.00M | -381.00M | -544.00M | -168.60M | 113.10M | -1.33B | -129.00M |
| Share Repurchases | 0 | — | — | — | 0 | 0 | 0 | 0 | -300.00K | -500.00M | 0 | -66.70M |
| Financing Cash Flow | -197.00M | -899.00M | -114.00M | 8.00M | -374.00M | 47.00M | -232.00M | -220.00M | -179.20M | -1.05B | -72.60M | -41.80M |
| Net Change in Cash | 149.00M | -1.79B | 1.09B | 796.00M | -116.00M | 158.00M | -56.00M | 746.00M | 165.30M | -407.40M | -708.10M | 1.36B |
| Free Cash Flow | 1.25B | 788.00M | 384.00M | 1.69B | 934.00M | 560.00M | 509.00M | 1.47B | 465.50M | 491.50M | 654.80M | 1.49B |
This table shows 12 quarterly periods of Palo Alto Networks's cash flow statement, from Q4 2026 back to Q1 2024, across 11 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow PANW's reporting calendar. What is a cash flow statement?