Palo Alto Networks Cash Flow Statement
PANW / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Palo Alto Networks generated $3.7B in operating cash flow and $3.5B in free cash flow in FY2025. Free cash flow margin was 37.6% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.84 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.1B | $2.6B | $439.7M | -$267.0M | -$81.9M | -$122.2M | -$203.0M | -$122.2M | -$203.0M | -$192.7M | -$131.3M | -$226.5M | -$12.5M | $737.0K | -$12.5M |
| Depreciation & Amortization | $343.4M | $283.3M | $282.2M | $206.1M | $153.8M | $96.4M | $59.8M | $96.4M | $59.8M | $42.8M | $28.9M | $19.4M | $2.2M | $6.1M | $2.2M |
| Operating Cash Flow | $3.7B | $3.3B | $2.8B | $1.0B | $1.1B | $1.0B | $868.8M | $1.0B | $868.8M | $658.6M | $352.8M | $88.4M | $32.1M | $77.4M | $32.1M |
| Capital Expenditures | $246.2M | $156.8M | $146.3M | $214.4M | $131.2M | $112.0M | $163.4M | $112.0M | $163.4M | $72.5M | $33.8M | $36.1M | $13.0M | $14.6M | $13.0M |
| Free Cash Flow | $3.5B | $3.1B | $2.6B | $821.3M | $924.4M | $926.1M | $705.4M | $926.1M | $705.4M | $586.1M | $319.0M | $52.3M | $19.1M | $62.8M | $19.1M |
| Share Buybacks | $0 | $566.7M | $272.7M | $1.2B | $330.0M | $259.1M | $411.0M | $259.1M | $411.0M | $0 | $0 | $132.0K | $90.0K | $82.0K | $90.0K |
| FCF Margin | 37.6% | 38.6% | 38.2% | 24.1% | 31.9% | 40.7% | 40.2% | 40.7% | 40.0% | 42.5% | 34.4% | 8.7% | 16.1% | 24.6% | 16.1% |