# Palo Alto Networks, Inc. (PANW) · Edgar & Edgarette company card

> Palo Alto Networks (PANW) grew revenue 24.5% in FY2026 to $11.5 billion, operating margin 6.1% against a 0.8% median for computer peripheral equipment, equity 56.7% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1327567 · fiscal year ended 2026-07-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/PANW) · [JSON](https://www.pops4.com/boards/company/PANW.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $11.5B |
| Revenue growth, 1 year | 24.5% |
| Revenue growth per year | 20.2% |
| Operating margin | 6.1% (prior year 13.5%) |
| Net margin | 2.7% |
| Operating cash flow | $4.6B |
| Capital spending | $440M |
| Free cash flow | $4.1B |
| Cash | $2.5B |
| Long-term debt | — |
| Total assets | $48.5B |
| Total equity | $27.5B |
| Equity ÷ assets | 56.7% |
| Return on equity | 1.1% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 1.49 (grey zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -2.49 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $11.5B (FY2026). Experience: revenue up 24.5% on the year, up 20.2% a year over 4 years; operating margin 6.1%, down from 13.5%. Soundness: equity 56.7% of assets, return on equity 1.1%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $12.5B and $14.6B next year (method v4.1: its own 5-year record of growth weighed at 57% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $11.6B to $15.6B. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, computer peripheral equipment, nec): operating margin 6.1% against a 0.8% median; growth 24.5% against 11.6%.

Range logged 2026-09-26, receipt 86ed6d0151a17b31, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-08-21 ([filing](https://www.sec.gov/Archives/edgar/data/1327567/000119312526361122/0001193125-26-361122-index.htm))

## Recent filings

- DEF 14A · filed 2026-10-27 · [filing](https://www.sec.gov/Archives/edgar/data/1327567/000130817926000432/0001308179-26-000432-index.htm)
- 10-K · filed 2026-09-10 · [filing](https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/0001327567-26-000023-index.htm)
- 8-K · filed 2026-09-01 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1327567/000132756726000019/0001327567-26-000019-index.htm)
- 8-K · filed 2026-08-21 · 5.02 Departure or Election of Directors; Appointment of Officers; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1327567/000119312526361122/0001193125-26-361122-index.htm)
- 10-Q · filed 2026-06-03 · [filing](https://www.sec.gov/Archives/edgar/data/1327567/000132756726000015/0001327567-26-000015-index.htm)
- 8-K · filed 2026-06-02 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1327567/000132756726000012/0001327567-26-000012-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001327567.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1327567

## Cite

POPS4, Edgar & Edgarette: Palo Alto Networks, Inc. (PANW) company card, from the company's own SEC filings, accessed 2026-11-10, https://www.pops4.com/boards/company/PANW. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.