Stocks / PANW / Free Cash Flow

Palo Alto Networks, Inc. Free Cash Flow 2011–2025

Palo Alto Networks, Inc. reported $3.47B of free cash flow for fiscal 2025. That was 11.9% higher than fiscal 2024. Compared with fiscal 2020, the change was +322.5%.

Latest filed value
$3.47B
One-year change
+11.9%
Change since 2020
+322.5%
Latest period end
2025
Palo Alto Networks, Inc. Free Cash Flow history from 2011 to 2025FY 2011: 19102000FY 2012: 62803000FY 2013: 92077000FY 2014: 52300000FY 2015: 319000000FY 2016: 586100000FY 2017: 705400000FY 2018: 926100000FY 2019: 924400000FY 2020: 821300000FY 2021: 1387000000FY 2022: 1791900000FY 2023: 2631200000FY 2024: 3100800000FY 2025: 3469800000
Annual filed history. Hover chart points for raw values; the accessible table below is the source of record.
Fiscal yearFree Cash FlowChange (YoY)
FY 2025$3.47B+11.9%
FY 2024$3.10B+17.8%
FY 2023$2.63B+46.8%
FY 2022$1.79B+29.2%
FY 2021$1.39B+68.9%
FY 2020$821.30M-11.2%
FY 2019$924.40M-0.2%
FY 2018$926.10M+31.3%
FY 2017$705.40M+20.4%
FY 2016$586.10M+83.7%
FY 2015$319.00M+509.9%
FY 2014$52.30M-43.2%
FY 2013$92.08M+46.6%
FY 2012$62.80M+228.8%
FY 2011$19.10M

Source: Palo Alto Networks, Inc. SEC filings — cash flow statement (10-K). Computed deterministically; refreshed nightly (last updated August 2, 2026). Open PANW 10-K filings at SEC EDGAR · Methodology · Download CSV.

How to read this history

Palo Alto Networks, Inc. reported $3.47B of free cash flow for fiscal 2025. That was 11.9% higher than fiscal 2024. Compared with fiscal 2020, the change was +322.5%. Values remain missing when the cached filing does not disclose a comparable line item; they are never estimated. Stock splits, reorganizations and fiscal-calendar changes can reduce comparability.

Prepared and reviewed by the stockportfolio.pro research desk. Corrections: support@stockportfolio.pro.

See the full picture for Palo Alto Networks, Inc.

Complete income statement, balance sheet and cash flow with trend on every row, 48 quarters, ratios, health checks, and Ask — the SEC-grounded research assistant.

Open the interactive view — free

Palo Alto Networks, Inc. — frequently asked questions

What is Palo Alto Networks, Inc.'s free cash flow?

Palo Alto Networks, Inc. (PANW) reported free cash flow of $3.47B for fiscal year 2025, per its SEC filings.

How has Palo Alto Networks, Inc.'s free cash flow changed over time?

Between fiscal 2011 and 2025, PANW's free cash flow grew at roughly 45.0% per year (compound annual rate), from $19.10M to $3.47B.

Where does this data come from?

Figures are computed from Palo Alto Networks, Inc.'s official SEC filings (cash flow statement (10-K)), refreshed nightly. Not investment advice.

More PANW financial history

Full PANW fundamentals page → · Analyze free cash flow with a free tool → · All 1,500+ companies →