Palo Alto Networks, Inc (PANW) /

The cash flow of Palo Alto Networks, Inc over the past 10 years

Chart Palo Alto Networks, Inc: operating cash flow, capital expenditures, free cash flow, fiscal 2017–2026 Open the chart →

In fiscal 2026, the latest fiscal year on file, Palo Alto Networks, Inc's operating cash flow was $4.55B and its capital expenditures $440M, leaving free cash flow of $4.11B. Free cash flow was above zero in all 10 years shown. It ranged from $705.4M in fiscal 2017 to $4.11B in fiscal 2026. Capital expenditures were highest in fiscal 2026, at $440M.

Year by year

Fiscal yearOperating cash flowCapital expendituresFree cash flow*
2026ended Jul 31, 2026$4.55B$440M$4.11B
2025ended Jul 31, 2025$3.72B$247M$3.47B
2024ended Jul 31, 2024$3.26B$157M$3.1B
2023ended Jul 31, 2023$2.78B$146.3M$2.63B
2022ended Jul 31, 2022$1.98B$192.8M$1.79B
2021ended Jul 31, 2021$1.5B$116M$1.39B
2020ended Jul 31, 2020$1.04B$214.4M$821.3M
2019ended Jul 31, 2019$1.06B$131.2M$924.4M
2018ended Jul 31, 2018$1.04B$112M$926.1M
2017ended Jul 31, 2017$868.8M$163.4M$705.4M

Fiscal years as Palo Alto Networks, Inc reports them. * Calculated by us from the company's filed figures; — no figure on file. From SEC filings, updated nightly. How each line is read.

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Not investment advice. This page shows what Palo Alto Networks, Inc filed with the SEC. Nothing here is a recommendation about any security. Check important figures against the company's own filings.