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PANW Palo Alto Networks Inc

Trailing twelve months to 2026-04-30 · as filed 2026-06-03, not restated
Technology

Scale

Market cap
$306.4bn
Revenue TTM
$10.6bn
Net income TTM
$843m
Free cash flow
$3.8bn
Composite score
29.4
Sector rank
#39

Valuation

P / E
363.6
EV / EBITDA
187.5
EV / sales
28.6
FCF yield
1.24%
Earnings yield vs 10-yr
-4.45pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
8.0%
EBITDA margin
15.3%
ROE
3.0%
ROIC
4.2%
Revenue growth
19.5%

Insider activity, last 90 days

Net open-market
$-11.13m
Buyers
0
Sellers
6

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

For the third quarter of fiscal 2026 and 2025, total revenue was $3.0 billion and $2.3 billion, respectively, representing year-over-year growth of 31%. We primarily use a two-tiered, indirect fulfillment model whereby we sell our products, subscriptions, and support to our distributors, which, in turn, sell to our resellers, which then sell to our end-customers. - 28 - Our product revenue grew to $594 million, or 19.8% of total revenue, for the third quarter of fiscal 2026, representing year-over-year growth of 31%. …Palo Alto Networks Inc, 10-Q, period ended 2026-04-30, filed 2026-06-03

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