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| Date | Value |
|---|---|
| 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 |