10-QTechnology

PALO ALTO NETWORKS, INC

PANW · Period ending 2026-04-30 · Filed 2026-06-03

Valuation

Technology
Live · Yahoo Finance

Price

$266.33

52-Week Range

$139.57$266.33 now$302.95

Decision Context

Altman Z-Score indicates financial distress risk. Review debt levels and cash runway before any position sizing decision.

Based on filing period ending Apr 2026

FisclearScore is a quantitative model using public financial data and sector median benchmarks (refreshed monthly). Not financial advice. Always conduct independent due diligence.

PANW vs

Macro Context

Fed Funds Rate

3.63%

Accommodative

10-Year Treasury

4.48%

2026-05-01

Unemployment

4.3%

Near full employment

CPI Index

332.4

2026-04-01

M2 Money Supply

$22.8T

2026-04-01

The Federal Funds rate stands at 3.63% — a moderately elevated rate environment that raises borrowing costs across the economy; 10-year Treasury yields are at 4.48%, setting the benchmark for long-term corporate borrowing; Unemployment stands at 4.3%; Industrial production index is at 102.5; M2 money supply is $22.8T; CPI index stands at 332.4.

SWOT Analysis — PANW

Inflationary Boom
Macro lens (Inflationary Boom): Rising costs and tighter margins amplify financial risks in this regime.

Strengths

  • Revenue: $2.3B (+29.0% YoY) — Revenue grew 29% — the company sold more goods or services than the prior year.

  • Total Assets: $23.6B (+17.9% YoY) — Total assets grew 18% — the company's resource base expanded.

  • Operating Cash Flow: $3.7B (+14.1% YoY) — Operating cash flow grew 14% — the business generated more cash from day-to-day operations.

Weaknesses

  • EPS (Diluted): $1.60 (-78.0% YoY) — Earnings per share fell 78%.

  • Net Income: $1.1B (-56.0% YoY) — Profit fell 56% but remained positive.

  • R&D spending is 87% of revenue — heavy investment in future growth, but also a drag on current profitability.

Opportunities

No clear opportunities identified at this time.

Threats

  • Current ratio of 0.94x — short-term liabilities exceed current assets, which could create near-term liquidity pressure.

  • Net income dropped 56% year-over-year — a significant compression in profitability.

  • Gross margin compressed by 41.0pp — input costs or pricing pressure is eroding profitability on each dollar of revenue.

Financial Charts

Revenue vs Net Income

Gross Profit vs Operating Income

Margin Trend

Operating Cash Flow

Year-over-Year Changes

EPS (Diluted)

$1.60

was $7.28

−78.0%

Earnings per share fell 78%.

Net Income

$1.1B

was $2.6B

−56.0%

Profit fell 56% but remained positive.

Revenue

$2.3B

was $1.8B

+29.0%

Revenue grew 29% — the company sold more goods or services than the prior year.

Total Assets

$23.6B

was $20.0B

+17.9%

Total assets grew 18% — the company's resource base expanded.

Operating Cash Flow

$3.7B

was $3.3B

+14.1%

Operating cash flow grew 14% — the business generated more cash from day-to-day operations.

Risk Flags

1 high · 2 medium · 1 low
  • High

    Current ratio of 0.94x — short-term liabilities exceed current assets, which could create near-term liquidity pressure.

  • Medium

    Net income dropped 56% year-over-year — a significant compression in profitability.

  • Medium

    Gross margin compressed by 41.0pp — input costs or pricing pressure is eroding profitability on each dollar of revenue.

  • Low

    R&D spending is 87% of revenue — heavy investment in future growth, but also a drag on current profitability.

Price History

Technical Signals

Daily closes · 1-year data

Latest News

via Finnhub

Filing History — PANW

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Data sourced from SEC EDGAR, FRED (Federal Reserve Economic Data), and Yahoo Finance. For informational purposes only. Not financial advice.