Palo Alto Networks Inc (PANW) Research

Forward Estimates

EPS Estimates

Current Qtr

$0.98

$0.96$1.08

vs $0.95+2.8%

45 analysts

Next Qtr

$0.45

$0.22$0.54

vs $0.47-4.8%

9 analysts

Current Yr

$3.77

$3.63$3.82

vs $3.34+12.8%

53 analysts

Next Yr

$2.01

$1.16$2.50

vs $1.42+41.2%

17 analysts

Revenue Estimates

Current Qtr

$3.35B

$3.35B$3.37B

vs $2.54B+32.1%

42 analysts

Next Qtr

$3.21B

$3.06B$3.32B

vs $2.47B+29.8%

39 analysts

Current Yr

$11.42B

$11.42B$11.44B

vs $9.22B+23.9%

47 analysts

Next Yr

$13.77B

$12.82B$14.79B

vs $11.42B+20.6%

51 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for PANW on EDGAR.

PANW filing events and research context
Filed	Item	Context
Apr 13, 2026	material_agreement	Palo Alto Networks extended leases for three Santa Clara buildings for 12 years, with rent abatement and $72.50/sq ft allowance.
Mar 23, 2026	debt_offering	Palo Alto Networks reported CyberArk changed settlement method for its 0.00% Convertible Senior Notes due 2030.
Mar 11, 2026	share_repurchase	Palo Alto Networks approved an additional $1.0 billion common stock repurchase authorization on March 10, 2026.
Feb 17, 2026	Guidance: adjusted_free_cash_flow_margin	37.00 to not reported
Feb 17, 2026	Guidance: next_generation_security_arr	8.52 to 8.62
Feb 17, 2026	Guidance: next_generation_security_arr	7.94 to 7.96
Feb 18, 2026	mda_quarterly	Palo Alto Networks faces risks from critical accounting estimates and internal control deficiencies, which could adversely affect operating results and stock price. Growing regulatory and investor scrutiny on corporate responsibility, including new sustainability directives, may increase compliance costs and reputational exposure. Extensive governmental regulations across areas like privacy, data security, and anti-bribery also pose compliance risks, potentially impacting AI/machine learning innovation. The company's common stock experiences significant volatility due to factors such as product announcements, industry news, and geopolitical events. Future stock issuances for financings, acquisitions, or incentive plans, including the settlement of CyberArk's $1.25 billion 0.00% Convertible Senior Notes due 2030, could dilute existing shareholders. While a $1.0 billion share repurchase program remains authorized through December 2026, no shares were repurchased in the last quarter. PANW does not intend to pay dividends, retaining earnings for business expansion. Anti-takeover provisions are in place. Key executives have adopted Rule 10b5-1 trading plans for future stock sales. The company also requires additional capital for growth and acquisitions, and is exposed to risks from catastrophic events.
Nov 20, 2025	mda_quarterly	Palo Alto Networks faces several key risks impacting its financial outlook and stock performance. Operational results could be adversely affected by changes in critical accounting estimates or ineffective internal controls, potentially leading to investigations and a decline in stock price. Increasing regulatory focus on corporate responsibility, including ESG and new mandates like the EU’s Corporate Sustainability Reporting Directive, presents risks of higher compliance costs, sanctions, and reputational harm. Broader governmental regulations spanning privacy, data security, anti-bribery, and AI/machine learning also pose significant compliance and enforcement challenges. The company's common stock experiences high volatility, influenced by product announcements, major cyberattacks, and general market conditions. Future stock issuances, including for the proposed CyberArk acquisition and the exercise of 2025 Warrants, could substantially dilute existing shareholders. While a $1.0 billion share repurchase program is authorized until December 2026, it is discretionary, and no shares were repurchased in the most recent quarter. Palo Alto Networks intends to retain earnings for business expansion rather than paying dividends, meaning shareholder returns depend on stock price appreciation. Additionally, the company may require further capital for growth and acquisitions, potentially leading to more dilution or restrictive debt terms.

Filed

Item

Context

Apr 13, 2026

material_agreement

Palo Alto Networks extended leases for three Santa Clara buildings for 12 years, with rent abatement and $72.50/sq ft allowance.

Mar 23, 2026

debt_offering

Palo Alto Networks reported CyberArk changed settlement method for its 0.00% Convertible Senior Notes due 2030.

Mar 11, 2026

share_repurchase

Palo Alto Networks approved an additional $1.0 billion common stock repurchase authorization on March 10, 2026.

Feb 17, 2026

Guidance: adjusted_free_cash_flow_margin

37.00 to not reported

Feb 17, 2026

Guidance: next_generation_security_arr

8.52 to 8.62

Feb 17, 2026

Guidance: next_generation_security_arr

7.94 to 7.96

Feb 18, 2026

mda_quarterly

Palo Alto Networks faces risks from critical accounting estimates and internal control deficiencies, which could adversely affect operating results and stock price. Growing regulatory and investor scrutiny on corporate responsibility, including new sustainability directives, may increase compliance costs and reputational exposure. Extensive governmental regulations across areas like privacy, data security, and anti-bribery also pose compliance risks, potentially impacting AI/machine learning innovation. The company's common stock experiences significant volatility due to factors such as product announcements, industry news, and geopolitical events. Future stock issuances for financings, acquisitions, or incentive plans, including the settlement of CyberArk's $1.25 billion 0.00% Convertible Senior Notes due 2030, could dilute existing shareholders. While a $1.0 billion share repurchase program remains authorized through December 2026, no shares were repurchased in the last quarter. PANW does not intend to pay dividends, retaining earnings for business expansion. Anti-takeover provisions are in place. Key executives have adopted Rule 10b5-1 trading plans for future stock sales. The company also requires additional capital for growth and acquisitions, and is exposed to risks from catastrophic events.

Nov 20, 2025

mda_quarterly

Palo Alto Networks faces several key risks impacting its financial outlook and stock performance. Operational results could be adversely affected by changes in critical accounting estimates or ineffective internal controls, potentially leading to investigations and a decline in stock price. Increasing regulatory focus on corporate responsibility, including ESG and new mandates like the EU’s Corporate Sustainability Reporting Directive, presents risks of higher compliance costs, sanctions, and reputational harm. Broader governmental regulations spanning privacy, data security, anti-bribery, and AI/machine learning also pose significant compliance and enforcement challenges. The company's common stock experiences high volatility, influenced by product announcements, major cyberattacks, and general market conditions. Future stock issuances, including for the proposed CyberArk acquisition and the exercise of 2025 Warrants, could substantially dilute existing shareholders. While a $1.0 billion share repurchase program is authorized until December 2026, it is discretionary, and no shares were repurchased in the most recent quarter. Palo Alto Networks intends to retain earnings for business expansion rather than paying dividends, meaning shareholder returns depend on stock price appreciation. Additionally, the company may require further capital for growth and acquisitions, potentially leading to more dilution or restrictive debt terms.

Forward Estimates

PANW filing events and research context

Keep researching PANW

Related tickers

Related explainers

Forward Estimates