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

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

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

Palo Alto Networks has disclosed Free Cash Flow across 16 years of filings, most recently posting $384.0 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $384.0 million, down 24.56% year-over-year; the trailing twelve-month figure through Jan 2026 was $3.6 billion (up 21.62% YoY), and the FY2025 annual result was $3.5 billion, up 11.9% from the prior year.
  • Free Cash Flow came in at $384.0 million for Q1 2026 at Palo Alto Networks, down from $1.7 billion in the prior quarter.
  • Over the last five years, Free Cash Flow for PANW reached as high as $1.7 billion in Q4 2025 and fell as low as $351.2 million in Q2 2022.
  • Median Free Cash Flow over the past 5 years was $509.0 million (2025), compared with a mean of $735.9 million.
  • Year-over-year, Free Cash Flow surged 115.97% in 2022 and dropped 24.56% in 2026.
  • Over 5 years, Free Cash Flow stood at $1.2 billion in 2022, then increased by 24.4% to $1.5 billion in 2023, then slipped by 1.56% to $1.5 billion in 2024, then gained by 15.08% to $1.7 billion in 2025, then slumped by 77.24% to $384.0 million in 2026.
  • Per Business Quant, the three latest PANW Free Cash Flow figures stand at $384.0 million (Q1 2026), $1.7 billion (Q4 2025), and $934.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 ZenaTech 82,806.72 Bn 82,806.72 Bn - -13.73 Mn
2 Microsoft 11,085.79 Bn 11,007.52 Bn 56.06 Bn 15.80 Bn
3 Palantir Technologies 1,073.49 Bn 1,065.58 Bn 1.42 Bn 891.76 Mn
4 Rezolve Ai 1,009.18 Bn 1,009.17 Bn - -
5 Palo Alto Networks 824.56 Bn 820.03 Bn 1.91 Bn 384.00 Mn
6 CrowdStrike Holdings 701.26 Bn 698.20 Bn 993.68 Mn 395.40 Mn
7 Oracle 514.97 Bn 476.40 Bn 17.12 Bn 13.85 Bn
8 Fortinet 456.74 Bn 453.45 Bn 1.49 Bn 1.02 Bn
9 Cloudflare 331.63 Bn 330.68 Bn 455.60 Mn 93.10 Mn
10 Synopsys 303.79 Bn 303.67 Bn 1.77 Bn 821.51 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 384.00 Mn
Jan 31, 2026 384.00 Mn
Oct 31, 2025 1.69 Bn
Oct 31, 2025 1.69 Bn
Jul 31, 2025 934.50 Mn
Jul 31, 2025 934.50 Mn
Apr 30, 2025 560.30 Mn
Apr 30, 2025 560.30 Mn
Jan 31, 2025 509.00 Mn
Jan 31, 2025 509.00 Mn
Oct 31, 2024 1.47 Bn
Oct 31, 2024 1.47 Bn
Jul 31, 2024 465.30 Mn
Jul 31, 2024 465.30 Mn
Apr 30, 2024 491.50 Mn
Apr 30, 2024 491.50 Mn
Jan 31, 2024 654.80 Mn
Jan 31, 2024 654.80 Mn
Oct 31, 2023 1.49 Bn
Oct 31, 2023 1.49 Bn