Security
Palo Alto Networks, Inc. Common Stock · PANW
PANWNASDAQCommon stockCurrentCIK 1327567Updated Oct 3, 2026
Name history
Palo Alto Networks Inc · through Oct 1, 2026
PANW price & chart
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NASDAQ:PANW on TradingView ↗About the company
Palo Alto Networks (NASDAQ: PANW), the global AI cybersecurity leader, protects our digital way of life with a comprehensive portfolio of cybersecurity solutions and platforms across Network, Cloud, Security Operations, AI and Identity. Trusted by 70,000+ customers and powered by Unit 42 threat intelligence, our AI-driven platforms eliminate complexity, empowering enterprises to modernize with confidence and securing the speed of innovation. Explore the future of security at www.paloaltonetworks.com.
In the news
AI Is Rewriting How Brands Reach Customers -- and How They Defend Themselves. This Small-Cap NASDAQ Stock Is Quietly Betting on Both ↗
AI-Enabled Cyberespionage Is a National Security Threat. Integrated Cyber Solutions Has an Answer ↗
Recent filings
Show 5 more recent filings
10-K filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 5.02, 5.03, 9.01
4 filing
4 filing
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 48,460,000,000Source | 23,576,200,000Source | 19,990,900,000Source | 14,501,100,000Source |
| Property, Plant and Equipment, NetUSD | 523,000,000Source | 387,300,000Source | 361,100,000Source | 354,500,000Source |
| GoodwillUSD | 22,010,000,000Source | 4,566,600,000Source | 3,350,100,000Source | 2,926,800,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 7,017,000,000Source | 762,700,000Source | 374,900,000Source | 315,400,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 2,514,000,000Source | 2,268,600,000Source | 1,535,200,000Source | 1,135,300,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 3,629,000,000Source | 2,965,000,000Source | 2,618,600,000Source | 2,463,200,000Source |
| Inventory, NetUSD | 117,000,000Source | 113,400,000Source | — | — |
| Assets, CurrentUSD | 8,643,000,000Source | 7,522,800,000Source | 6,849,700,000Source | 6,048,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 807,000,000Source | 520,500,000Source | 557,400,000Source | 466,800,000Source |
| Operating Lease, Right-of-Use AssetUSD | 700,000,000Source | 347,000,000Source | 385,900,000Source | 263,300,000Source |
| Other Assets, NoncurrentUSD | 678,000,000Source | 421,800,000Source | 352,900,000Source | 344,800,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 20,968,000,000Source | 15,751,800,000Source | 14,821,200,000Source | 12,752,700,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | 2,791,000,000Source | 2,484,100,000Source | 1,350,200,000Source | -1,227,400,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -71,000,000Source | 48,400,000Source | -1,600,000Source | -43,200,000Source |
| Stockholders' Equity Attributable to ParentUSD | 27,492,000,000Source | 7,824,400,000Source | 5,169,700,000Source | 1,748,400,000Source |
| Liabilities and EquityUSD | 48,460,000,000Source | 23,576,200,000Source | 19,990,900,000Source | 14,501,100,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 9,923,000,000Source | 7,988,000,000Source | 7,682,700,000Source | 7,737,500,000Source |
| Operating Lease, Liability, CurrentUSD | 67,000,000Source | 79,200,000Source | 65,900,000Source | 60,200,000Source |
| Accounts Payable, CurrentUSD | 290,000,000Source | 232,200,000Source | 116,300,000Source | 132,300,000Source |
| Operating Lease, Liability, NoncurrentUSD | 726,000,000Source | 338,200,000Source | 380,500,000Source | 279,200,000Source |
| Deferred Income Tax Liabilities, NetUSD | 251,000,000Source | 89,100,000Source | 387,700,000Source | — |
| Other Liabilities, NoncurrentUSD | 1,285,000,000Source | 886,800,000Source | 430,900,000Source | 114,200,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 838,000,000Source | 846,000,000Source | 506,700,000Source | 390,800,000Source |
| Long-term DebtUSD | — | — | — | 1,991,500,000Source |
| Short-term InvestmentsUSD | 557,000,000Source | 634,600,000Source | 1,043,600,000Source | 1,254,700,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 855,000,000Source | 343,400,000Source | 283,300,000Source | 282,200,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,774,000,000Source | 1,295,100,000Source | 1,075,400,000Source | 1,074,500,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 335,000,000Source | 345,300,000Source | 154,300,000Source | 320,300,000Source |
| Increase (Decrease) in Accounts PayableUSD | 43,000,000Source | 106,800,000Source | -15,000,000Source | 1,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | 218,500,000Source | -1,700,000,000Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 4,553,000,000Source | 3,716,000,000Source | 3,257,600,000Source | 2,777,500,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 4,663,000,000Source | 1,054,400,000Source | 610,600,000Source | 204,500,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -3,104,000,000Source | -2,204,700,000Source | -1,509,900,000Source | -2,033,800,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 126,000,000Source | 183,800,000Source | 26,600,000Source | 20,400,000Source |
| Payments for Repurchase of Common StockUSD | 1,000,000,000Source | 0Source | 566,700,000Source | 272,700,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,202,000,000Source | -778,900,000Source | -1,343,100,000Source | -1,726,300,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 244,000,000Source | 732,400,000Source | 404,600,000Source | -982,600,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 2,523,000,000Source | 2,279,200,000Source | 1,546,800,000Source | 1,142,200,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 199,000,000Source | 505,500,000Source | 342,300,000Source | 147,100,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -3,000,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 1,815,000,000Source | 1,300,100,000Source | 1,078,700,000Source | 1,087,300,000Source |
| Amortization of Debt Issuance CostsUSD | — | 1,100,000Source | 3,500,000Source | 6,700,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 0Source | 1,100,000Source | 3,500,000Source | 6,700,000Source |
| Amortization of Intangible AssetsUSD | 640,000,000Source | 166,300,000Source | 120,900,000Source | 104,900,000Source |
| DepreciationUSD | 111,000,000Source | 94,400,000Source | 85,100,000Source | 95,900,000Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 58,000,000Source | — | — | — |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | 0Source | 0Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -35,000,000Source | -32,800,000Source | 200,000Source | -7,900,000Source |
| General and Administrative ExpenseUSD | 899,000,000Source | 442,700,000Source | 680,500,000Source | 447,700,000Source |
| GoodwillUSD | 22,010,000,000Source | 4,566,600,000Source | 3,350,100,000Source | 2,926,800,000Source |
| Income Tax Expense (Benefit)USD | 229,000,000Source | 461,800,000Source | -1,589,300,000Source | 126,600,000Source |
| InterestExpenseNonoperatingUSD | 0Source | 3,000,000Source | — | — |
| Inventory Write-downUSD | 4,000,000Source | 71,200,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 307,000,000Source | 1,133,900,000Source | 2,577,600,000Source | 439,700,000Source |
| Operating ExpensesUSD | 7,382,000,000Source | 5,527,000,000Source | 5,284,400,000Source | 4,595,700,000Source |
| Other Nonoperating Income (Expense)USD | 64,000,000Source | 25,100,000Source | -5,400,000Source | -10,300,000Source |
| Payments to Acquire InvestmentsUSD | 3,694,000,000Source | 3,695,900,000Source | 3,551,300,000Source | 5,460,400,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 2,204,000,000Source | 1,594,900,000Source | 1,852,600,000Source | 2,811,500,000Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 11,480,000,000Source | 9,221,500,000Source | 8,027,500,000Source | 6,892,700,000Source |
| Cost of RevenueUSD | 3,403,000,000Source | 2,451,600,000Source | 2,059,200,000Source | 1,909,700,000Source |
| Operating Income (Loss)USD | 695,000,000Source | 1,242,900,000Source | 683,900,000Source | 387,300,000Source |
| Other Nonoperating Income (Expense)USD | 64,000,000Source | 25,100,000Source | -5,400,000Source | -10,300,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 536,000,000Source | 1,595,700,000Source | 988,300,000Source | 566,300,000Source |
| Income Tax Expense (Benefit)USD | 229,000,000Source | 461,800,000Source | -1,589,300,000Source | 126,600,000Source |
| Net Income (Loss) Attributable to ParentUSD | 307,000,000Source | 1,133,900,000Source | 2,577,600,000Source | 439,700,000Source |
| Earnings Per Share, BasicUSD per share | 0.41Source | 1.71Source | 8.07Source | 1.45Source |
| Earnings Per Share, DilutedUSD per share | 0.4Source | 1.6Source | 7.28Source | 1.28Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 749,000,000Source | 662,500,000Source | 319,200,000Source | 303,200,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 764,000,000Source | 709,300,000Source | 354,000,000Source | 342,300,000Source |
| Interest Expense (non-operating)USD | 0Source | 3,000,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 640,000,000Source | 166,300,000Source | 120,900,000Source | 104,900,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -35,000,000Source | -32,800,000Source | 200,000Source | -7,900,000Source |
| General and Administrative ExpenseUSD | 899,000,000Source | 442,700,000Source | 680,500,000Source | 447,700,000Source |
| Gross ProfitUSD | 8,077,000,000Source | 6,769,900,000Source | 5,968,300,000Source | 4,983,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 466,000,000Source | 1,124,900,000Source | 669,200,000Source | 374,300,000Source |
| Interest ExpenseUSD | — | — | 8,300,000Source | 27,200,000Source |
| Interest Expense, DebtUSD | — | 3,000,000Source | 8,300,000Source | 25,800,000Source |
| Interest Income, OtherUSD | 374,000,000Source | 363,500,000Source | 317,900,000Source | 224,400,000Source |
| Operating ExpensesUSD | 7,382,000,000Source | 5,527,000,000Source | 5,284,400,000Source | 4,595,700,000Source |
| Research and Development ExpenseUSD | 2,552,000,000Source | 1,984,100,000Source | 1,809,400,000Source | 1,604,000,000Source |
| Selling and Marketing ExpenseUSD | 3,931,000,000Source | 3,100,200,000Source | 2,794,500,000Source | 2,544,000,000Source |
Offerings
Registration 333-290235
Filing attachments
panwex45formofamendedandre.htm · 10-K · 2026-09-10
Exhibit 4.5 February 11, 2026 From: [Dealer] [__________] [__________] [__________] Attention: [Title of Contact] 1 Telephone No.: [__________] Email: [__________] To: CyberArk Software Ltd. 9 Hapsagot Street Park Ofer B, P.O. Box 3143 Petach-Tikva 4951040, Israel Telephone: +972-3-918-0000 Palo Alto Networks, Inc. 3000 Tannery Way Santa Clara, CA 95054 Telephone: +1-408-753-4000 Re: Base Call Option Transaction The purpose of this letter agreement (this “Confirmation”) is (i) to am…
Read attachment ↗d40626dex41.htm · 8-K · 2026-02-11
EX-4.1 2 d40626dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 CYBERARK SOFTWARE LTD. AND U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee INDENTURE Dated as of June 10, 2025 0.00% Convertible Senior Notes due 2030 TABLE OF CONTENTS Page Article I Definitions …
Read attachment ↗d40626dex42.htm · 8-K · 2026-02-11
EX-4.2 3 d40626dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 FIRST SUPPLEMENTAL INDENTURE This FIRST SUPPLEMENTAL INDENTURE, dated as of February 11, 2026 (this “First Supplemental Indenture”), is entered into among CyberArk Software Ltd., a company organized under the laws of the State of Israel (the “Company”), Palo Alto Networks, Inc., a Delaware corporation (“Parent”) and U.S. Bank Trust Company, National Association, a national banking association, as trustee (the “Trustee”). WHEREAS, the Com…
Read attachment ↗d40626dex44.htm · 8-K · 2026-02-11
EX-4.4 4 d40626dex44.htm EX-4.4 EX-4.4 Exhibit 4.4 February 11, 2026 From: [Dealer] [__________] [__________] [__________] Attention: [Title of Contact] 1 Telephone No.: [__________] Email: [__________] To: CyberArk Software Ltd. 9 Hapsagot Street Park Ofer B, P.O. Box 3143 Petach-Tikva 4951040, Israel Telephone: +972-3-918-0000 Palo Alto Networks, Inc. 3000 Tannery Way Santa Clara, CA 95054 Telephone: +1-408-753-4000 Re: [Base][Additional] Call Option Transaction Th…
Read attachment ↗d40626dex991.htm · 8-K · 2026-02-11
EX-99.1 5 d40626dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Palo Alto Networks Completes Acquisition of CyberArk to Secure the AI Era Adds the leading platform that delivers unified security for human, machine and agentic identity. SANTA CLARA, Calif., February 11, 2026 - Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, today announced the completion of its acquisition of CyberArk, establishing Identity Security as a core pillar of its platformization strategy. The additi…
Read attachment ↗d884183dex991.htm · 8-K · 2026-01-29
EX-99.1 2 d884183dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Palo Alto Networks Completes Chronosphere Acquisition, Unifying Observability and Security for the AI Era Delivers real-time visibility, monitoring, and protection for the massive data volumes that power AI-driven digital operations SANTA CLARA, Calif., January 29, 2026 - As enterprises increasingly rely on AI to run digital operations, protect assets, and drive growth, success depends on one critical factor: trusted, high-qualit…
Read attachment ↗