Palo Alto Networks PANW
NASDAQ PANW
$334.89 +2.95 (+0.89%)
As of: Sep 4, 2026 · 3:00 PM EDT

Palo Alto Networks (PANW) Free Cash Flow (2011 - 2026)

Palo Alto Networks (PANW) posted quarterly Free Cash Flow of $384.0 million for Q1 2026, down 24.56% year-over-year from $509.0 million in Q1 2025, and down 77.24% quarter-over-quarter from $1.7 billion in Q4 2025.

Analysis

Palo Alto Networks (PANW) Free Cash Flow (2011 - 2026) Analysis & Trends

Palo Alto Networks' Free Cash Flow history runs 16 years deep, the most recent figure standing at $384.0 million for Q1 2026.

  • In Q1 2026, Free Cash Flow fell 24.56% year-over-year to $384.0 million; the TTM figure through Jan 2026 stood at $3.6 billion (up 21.62% YoY), while the FY2025 annual figure was $3.5 billion, up 11.9% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $384.0 million, down from $1.7 billion in the prior quarter.
  • The five-year high for Free Cash Flow was $1.7 billion in Q4 2025, with the low at $351.2 million in Q2 2022.
  • The 5-year median for Free Cash Flow is $509.0 million (2025), against an average of $735.9 million.
  • The sharpest annual moves came in 2022 and 2026: Free Cash Flow soared 115.97% in 2022, then decreased 24.56% in 2026.
  • Palo Alto Networks' Free Cash Flow stood at $1.2 billion in 2022, then grew by 24.4% to $1.5 billion in 2023, then decreased by 1.56% to $1.5 billion in 2024, then rose by 15.08% to $1.7 billion in 2025, then tumbled by 77.24% to $384.0 million in 2026.
  • Business Quant data shows PANW's Free Cash Flow at $384.0 million in Q1 2026, $1.7 billion in Q4 2025, and $934.5 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Microsoft 3,718.66 Bn 3,585.91 Bn 60.48 Bn 19.64 Bn
2 Oracle 449.78 Bn 417.89 Bn - -1.87 Bn
3 Palantir Technologies 417.77 Bn 408.36 Bn 1.64 Bn 1.20 Bn
4 Palo Alto Networks 268.47 Bn 265.36 Bn 2.03 Bn 788.00 Mn
5 CrowdStrike Holdings 217.62 Bn 212.60 Bn 1.10 Bn 405.86 Mn
6 Fortinet 115.05 Bn 110.98 Bn 1.64 Bn 965.60 Mn
7 Cloudflare 99.49 Bn 95.33 Bn 499.52 Mn 67.60 Mn
8 Synopsys 75.54 Bn 71.93 Bn 1.80 Bn -
9 Block 49.65 Bn 43.22 Bn 3.17 Bn -7.56 Bn
10 CoreWeave 48.50 Bn 42.97 Bn 1.70 Bn -5.74 Bn
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 788.00 Mn
Jan 31, 2026 384.00 Mn
Oct 31, 2025 1.69 Bn
Jul 31, 2025 934.80 Mn
Apr 30, 2025 560.00 Mn
Jan 31, 2025 509.00 Mn
Oct 31, 2024 1.47 Bn
Jul 31, 2024 465.30 Mn
Apr 30, 2024 491.50 Mn
Jan 31, 2024 654.80 Mn
Oct 31, 2023 1.49 Bn
Jul 31, 2023 376.90 Mn
Apr 30, 2023 400.90 Mn
Jan 31, 2023 656.30 Mn
Oct 31, 2022 1.20 Bn
Jul 31, 2022 484.50 Mn
Apr 30, 2022 351.20 Mn
Jan 31, 2022 401.90 Mn
Oct 31, 2021 554.30 Mn
Jul 31, 2021 298.40 Mn