Palo Alto Networks (PANW) Cash from Operations (2011 - 2026)
Palo Alto Networks (PANW) posted Cash from Operations of $1.36 billion for fiscal Q4 2026 (quarter ended Jul 31, 2026), up 32.9% from $1.02 billion a year earlier and up 55.8% from the prior quarter.
Powered by 
Analysis
Palo Alto Networks (PANW) Cash from Operations (2011 - 2026) Analysis & Trends
For FY2026 (ended Jul 31, 2026), Palo Alto Networks' Cash from Operations came in at $4.55 billion, up 22.5% from FY2025.
- Annual Cash from Operations has increased for six consecutive fiscal years, with a five-year compound annual growth rate of 24.8% (FY2021 to FY2026).
- In prior fiscal years, Palo Alto Networks' Cash from Operations was $3.72 billion in FY2025 (+14.1%), $3.26 billion in FY2024 (+17.3%), $2.78 billion in FY2023 (+39.9%) and $1.98 billion in FY2022 (+32.0%).
- Quarterly Cash from Operations has run from a low of $389.5 million in fiscal Q3 2022 to a high of $1.77 billion in fiscal Q1 2026 over five years.
- On a year-over-year basis, Cash from Operations increased in five of the last eight quarters, with growth averaging 23.2%.
- The strongest year-over-year quarter for Cash from Operations in the past five years was fiscal Q1 2023, with growth of 110.0%; the weakest was fiscal Q4 2023, with a decline of 20.9%.
- According to Business Quant data, Cash from Operations for the three prior fiscal quarters was $871 million (Q3 2026), $554 million (Q2 2026) and $1.77 billion (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | 1.36 Bn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | 530.27 Mn |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | 1.04 Bn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | 91.36 Mn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | 315.87 Mn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | 234.00 Mn |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | - |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | 20.08 Mn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | 141.88 Mn |
| 10 | F5 | 25.93 Bn | 20.34 Bn | 711.51 Mn | 316.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.36 Bn |
| Apr 30, 2026 | 871.00 Mn |
| Jan 31, 2026 | 554.00 Mn |
| Oct 31, 2025 | 1.77 Bn |
| Jul 31, 2025 | 1.02 Bn |
| Apr 30, 2025 | 628.00 Mn |
| Jan 31, 2025 | 557.00 Mn |
| Oct 31, 2024 | 1.51 Bn |
| Jul 31, 2024 | 513.10 Mn |
| Apr 30, 2024 | 528.90 Mn |
| Jan 31, 2024 | 690.00 Mn |
| Oct 31, 2023 | 1.53 Bn |
| Jul 31, 2023 | 414.10 Mn |
| Apr 30, 2023 | 432.10 Mn |
| Jan 31, 2023 | 694.60 Mn |
| Oct 31, 2022 | 1.24 Bn |
| Jul 31, 2022 | 523.70 Mn |
| Apr 30, 2022 | 389.50 Mn |
| Jan 31, 2022 | 482.60 Mn |
| Oct 31, 2021 | 588.90 Mn |
API Access
Palo Alto Networks Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=PANW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "PANW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=PANW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();