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10-Q

Quarterly Report

PALO ALTO NETWORKS, INC PANW

0001327567-25-000035

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Filed
Nov 20, 2025 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding Q1 2026 · Nov 11, 2025 697M sh
Shares Diluted Q1 2026 · Oct 31, 2025 709M sh
Shares Diluted restated Q1 2026 · Oct 31, 2024 709M sh
Operating Cash Flow Q1 2026 · Oct 31, 2025 $1.77B
Operating Cash Flow restated Q1 2026 · Oct 31, 2024 $1.51B
Short Term Investments Q1 2026 · Oct 31, 2025 $1.14B
Short Term Investments Q1 2026 · Jul 31, 2025 $635M
Cash And Equivalents Q1 2026 · Oct 31, 2025 $3.07B
Cash And Equivalents Q1 2026 · Jul 31, 2025 $2.27B
Cash And Equivalents restated Q1 2026 · Oct 31, 2024 $2.28B
Stockholders Equity Q1 2026 · Oct 31, 2025 $8.67B
Stockholders Equity Q1 2026 · Jul 31, 2025 $7.82B
Stockholders Equity restated Q1 2026 · Oct 31, 2024 $5.91B
Stockholders Equity restated Q1 2026 · Jul 31, 2024 $5.17B
Current Liabilities Q1 2026 · Oct 31, 2025 $7.42B
Current Liabilities Q1 2026 · Jul 31, 2025 $7.99B
Total Liabilities Q1 2026 · Oct 31, 2025 $14.87B
Total Liabilities Q1 2026 · Jul 31, 2025 $15.75B
Current Assets Q1 2026 · Oct 31, 2025 $7.31B
Current Assets Q1 2026 · Jul 31, 2025 $7.52B
Total Assets Q1 2026 · Oct 31, 2025 $23.54B
Total Assets Q1 2026 · Jul 31, 2025 $23.58B
Eps Diluted Q1 2026 · Oct 31, 2025 $0.47
Eps Diluted restated Q1 2026 · Oct 31, 2024 $0.49
Eps Basic Q1 2026 · Oct 31, 2025 $0.49
Eps Basic restated Q1 2026 · Oct 31, 2024 $0.54
Sga Expense Q1 2026 · Oct 31, 2025 $179M
Sga Expense restated Q1 2026 · Oct 31, 2024 $98M
Rd Expense Q1 2026 · Oct 31, 2025 $528M
Rd Expense restated Q1 2026 · Oct 31, 2024 $481M
Net Income Q1 2026 · Oct 31, 2025 $334M
Net Income restated Q1 2026 · Oct 31, 2024 $351M
Operating Income Q1 2026 · Oct 31, 2025 $309M
Operating Income restated Q1 2026 · Oct 31, 2024 $286M
Gross Profit Q1 2026 · Oct 31, 2025 $1.84B
Gross Profit restated Q1 2026 · Oct 31, 2024 $1.59B
Cost Of Revenue Q1 2026 · Oct 31, 2025 $638M
Cost Of Revenue restated Q1 2026 · Oct 31, 2024 $554M
Revenue Q1 2026 · Oct 31, 2025 $2.47B
Revenue restated Q1 2026 · Oct 31, 2024 $2.14B