Every 10-Q that Palo Alto Networks, Inc. (PANW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PANW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PANW filings page.
Palo Alto Networks reported strong growth but a quarterly loss as it absorbed several large acquisitions. For the quarter ended April 30, 2026, revenue rose to $3.0 billion from $2.3 billion, driven by both product sales of $594 million and subscription and support revenue of $2.4 billion, each up 31% year over year.
Higher operating expenses and amortization from recent deals pushed the company to a net loss of $177 million, versus net income of $262 million a year earlier, though it still earned $589 million of net income over the first nine months on revenue of $8.1 billion. The acquisitions of CyberArk for about $21.1 billion and Chronosphere for roughly $3.0 billion, plus smaller deals like Koi, expanded platforms in identity security and observability and lifted goodwill to $21.9 billion and intangible assets to $7.3 billion.
The business remains cash‑generative, producing $3.2 billion in operating cash flow in the first nine months. Remaining performance obligations reached $18.4 billion, with $8.3 billion expected to convert to revenue within 12 months, and the company committed to $8.5 billion of future cloud and other purchase agreements as it scales its platforms.
Palo Alto Networks delivered solid growth for the quarter ended January 31, 2026, with revenue rising to $2.6 billion from $2.3 billion, a 15% increase. Product revenue grew 22% to $514 million, while subscription and support revenue rose 13% to $2.1 billion, keeping gross margin steady at about 74%.
Net income increased to $432 million from $267 million, and diluted EPS improved to $0.61 from $0.38. Next-Generation Security annualized recurring revenue reached $6.3 billion and remaining performance obligations were $16.0 billion, highlighting a large future revenue base. The company generated $2.3 billion of operating cash flow and closed the $3.0 billion Chronosphere observability acquisition, while subsequently completing the CyberArk identity security acquisition for $2.3 billion in cash plus 112 million shares.
Palo Alto Networks reported solid growth for the quarter ended October 31, 2025. Total revenue reached $2.47 billion, up from $2.14 billion a year earlier, a 16% increase. Product revenue rose to $434 million (23% growth), while subscription and support revenue grew to $2.04 billion (14% growth), keeping recurring revenue as the core of the business.
Net income was $334 million, slightly below $351 million a year ago, with diluted EPS of $0.47 versus $0.49. Operating income improved to $309 million from $286 million, and cash flow from operations was strong at $1.77 billion, up from $1.51 billion. As of October 31, 2025, cash and cash equivalents were $3.07 billion and long-term investments were $5.98 billion.
Remaining performance obligations stood at $15.5 billion, with about $6.9 billion expected to convert to revenue over the next 12 months, underscoring multi-year visibility. The company also highlighted a pending ~$25 billion cash-and-stock acquisition of CyberArk Software and a separate agreement to acquire Chronosphere for $3.35 billion, which would expand its identity security and observability capabilities.