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Palo Alto Networks Inc

PANW · Computer Peripheral Equipment, NEC · 815.0M shares · +64%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: -$802M (gross $273M, SBC $1.1B)

Reference price $284.80 · est. market cap ~$232.1B — last insider sale, 2026-06-23 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)

Grade

B80

Cybersecurity leader with elite operating cash flow and solid growth; thin liquidity and an earnings comp temper it.

Strengths

Risks

Notable findings

Quarterly revenue

2025-07-31 · $2.5B2025-10-31 · $2.5B2026-01-31 · $2.6B2026-04-30 · $3.0B

Last 4 quarters · from SEC filings.

Key metrics

Gross margin
73.4%
Operating margin
13.5%
Net margin
12.3%
Return on equity
14.5%
Return on assets
4.8%
Revenue growth (QoQ)
15.7%
Net-income growth
-56.0%
Current ratio
0.9×
EBITDA
$1.6B
Tangible book value
$2.5B
Cash & investments
$8.5B
Stock comp / revenue
14.0%

Insider transactions · last 18 months

DateInsiderTypeSharesPrice
2026-06-23Golechha DipakSell300$284.80
2026-06-23Golechha DipakSell886$291.07
2026-06-23Golechha DipakSell2.1K$290.03
2026-06-23Golechha DipakSell1.3K$288.96
2026-06-23Golechha DipakSell200$286.68
2026-06-23Golechha DipakSell214$291.84
2026-06-22Bawa AparnaSell345$290.17
2026-06-12GOETZ JAMES JSell4.8K$278.89
2026-06-12GOETZ JAMES JSell7.1K$279.88
2026-06-12GOETZ JAMES JSell5.2K$280.89
2026-06-12GOETZ JAMES JSell1.5K$281.64
2026-06-12GOETZ JAMES JSell1.4K$277.89
2026-06-12Bawa AparnaSell536$280.00
2026-06-12Key John P.Sell7.5K$279.24
2026-06-11Bawa AparnaSell555$270.00
2026-06-10Bawa AparnaSell377$265.00
2026-06-01Paul Josh D.Sell1.1K$285.08
2026-06-01Thorning-Schmidt HelleTax withheld211$281.69
2026-05-22Klarich LeeSell18K$259.62
2026-05-22Klarich LeeSell543$250.03
2026-05-22Klarich LeeSell519$251.20
2026-05-22Klarich LeeSell582$251.94
2026-05-22Klarich LeeSell320$253.25
2026-05-22Klarich LeeSell4.2K$254.85
2026-05-22Klarich LeeSell4.7K$255.58
2026-05-22Klarich LeeSell2.9K$256.60
2026-05-22Klarich LeeSell2.9K$257.63
2026-05-22Klarich LeeSell10K$258.70
2026-05-22Klarich LeeSell17K$260.62
2026-05-22Klarich LeeSell923$261.25
2026-05-20Paul Josh D.Sell400$236.95
2026-04-08Key John P.Sell1.6K$173.32
2026-04-01Paul Josh D.Sell1.1K$161.40
2026-04-01Golechha DipakSell200$157.81
2026-04-01Golechha DipakSell1.3K$160.04
2026-04-01Golechha DipakSell3.5K$160.70
2026-04-01Paul Josh D.Tax withheld947$160.32
2026-03-27Arora NikeshBuy100$147.48
2026-03-27Arora NikeshBuy68K$146.87
2026-03-10Paul Josh D.Grant26K
2026-03-06GOETZ JAMES JSell8.5K$163.83
2026-03-06GOETZ JAMES JSell14K$164.76
2026-03-02Paul Josh D.Sell1.7K$147.90
2026-03-01Thorning-Schmidt HelleTax withheld345$148.92
2026-02-12Klarich LeeGrant70
2026-02-12Bawa AparnaGrant24
2026-02-12Arora NikeshGrant165
2026-01-08Klarich LeeSell367$193.16
2026-01-08Klarich LeeOption exercise92K$32.25
2026-01-08Klarich LeeSell13K$189.60
2026-01-08Klarich LeeSell46K$190.69
2026-01-08Klarich LeeSell55K$191.47
2026-01-08Klarich LeeSell6.7K$192.38
2026-01-02Jenkins William D JrSell904$184.81
2026-01-02Paul Josh D.Sell800$184.81
2025-12-26Jenkins William D JrSell1.8K$188.45
2025-12-26Jenkins William D JrSell4.4K$187.92
2025-12-23Golechha DipakSell5.0K$188.18
2025-12-10Klarich LeeGift50K
2025-12-10Goodburn Mark A.Grant4.9K
2025-12-09Donovan JohnGrant2.5K
2025-12-09GOETZ JAMES JSell4.0K$195.73
2025-12-09Eschenbach Carl M.Grant1.9K
2025-12-09Twohill LorraineGrant2.1K
2025-12-09Key John P.Grant2.3K
2025-12-09Thorning-Schmidt HelleGrant2.0K
2025-12-09GOETZ JAMES JSell300$196.42
2025-12-09Bawa AparnaGrant2.2K
2025-12-09GOETZ JAMES JSell8.2K$194.70
2025-12-09McCarthy Mary PatGrant2.0K
2025-12-08GOETZ JAMES JSell12K$195.31
2025-12-08GOETZ JAMES JSell428$196.04
2025-12-03Klarich LeeSell22K$193.46
2025-12-03Klarich LeeOption exercise92K$32.25
2025-12-03Klarich LeeSell2.1K$187.38
2025-12-03Klarich LeeSell7.6K$188.85
2025-12-03Klarich LeeSell8.6K$189.57
2025-12-03Klarich LeeSell20K$190.71
2025-12-03Klarich LeeSell6.9K$191.50
2025-12-03Klarich LeeSell54K$192.74
2025-12-01Paul Josh D.Sell700$189.39
2025-11-26Golechha DipakGift2.5K
2025-11-03Klarich LeeSell8.4K$215.88
2025-11-03Klarich LeeSell3.6K$219.76
2025-11-03Klarich LeeSell43K$218.69
2025-11-03Paul Josh D.Sell700$219.97
2025-11-03Klarich LeeSell30$220.40
2025-11-03Klarich LeeSell46K$218.00
2025-11-03Klarich LeeSell20K$216.75
2025-11-03Klarich LeeOption exercise92K$32.25
2025-11-01Jenkins William D JrGrant312K
2025-11-01Paul Josh D.Grant31K
2025-11-01Paul Josh D.Tax withheld15K$220.24
2025-11-01Jenkins William D JrTax withheld164K$220.24
2025-11-01Klarich LeeGrant468K
2025-11-01Klarich LeeTax withheld232K$220.24
2025-11-01Golechha DipakGrant281K
2025-11-01Golechha DipakDisposition140K
2025-11-01Golechha DipakTax withheld74K$220.24
2025-11-01Arora NikeshGrant1.2M
2025-11-01Arora NikeshDisposition1.2M
2025-10-06Klarich LeeSell10K$213.36
2025-10-06Klarich LeeSell29K$211.51
2025-10-06Klarich LeeSell56K$212.59
2025-10-06Klarich LeeSell17K$210.59
2025-10-06Klarich LeeOption exercise92K$32.25
2025-10-06Klarich LeeSell7.8K$209.70
2025-10-01Paul Josh D.Sell700$202.16
2025-09-23Arora NikeshSell19K$207.63
2025-09-23Arora NikeshSell4.0K$208.35
2025-09-23Golechha DipakSell1.9K$203.01
2025-09-23Golechha DipakSell736$203.88
2025-09-23Arora NikeshOption exercise846K$33.08
2025-09-23Arora NikeshSell382K$203.09
2025-09-23Arora NikeshSell111K$203.69
2025-09-23Arora NikeshSell252K$204.64
2025-09-23Arora NikeshSell32K$205.63
2025-09-23Arora NikeshSell47K$206.85
2025-09-23Golechha DipakSell1.8K$204.78
2025-09-23Golechha DipakSell207$206.06
2025-09-23Golechha DipakSell400$206.81
2025-09-20Paul Josh D.Tax withheld2.0K$208.19
2025-09-18Klarich LeeGift50K
2025-09-03Klarich LeeSell2.3K$188.60
2025-09-03Klarich LeeSell5.5K$189.76
2025-09-03Klarich LeeSell51K$190.80
2025-09-03Klarich LeeSell649$192.22
2025-09-03Klarich LeeSell62K$191.57
2025-09-03Klarich LeeOption exercise92K$32.25
2025-09-02Paul Josh D.Sell700$187.62
2025-08-23Paul Josh D.Tax withheld1.9K$185.88
2025-08-21Paul Josh D.Tax withheld1.5K$184.43
2025-08-21Paul Josh D.Sell700$184.20
2025-08-20Jenkins William D JrDisposition3.8K
2025-08-19Paul Josh D.Grant14K
2025-08-04Klarich LeeSell25K$171.41
2025-08-04Klarich LeeOption exercise92K$32.25
2025-08-04Klarich LeeSell64K$170.80
2025-08-04Klarich LeeSell15K$172.69
2025-08-04Klarich LeeSell16K$173.77
2025-08-04Klarich LeeSell429$174.15
2025-08-01ZUK NIRSell7.7K$169.11
2025-08-01ZUK NIRSell5.9K$169.79
2025-08-01ZUK NIRSell7.4K$170.96
2025-08-01ZUK NIRSell8.9K$172.06
2025-08-01ZUK NIRSell31K$172.95
2025-08-01ZUK NIRSell22K$173.87
2025-08-01ZUK NIRSell14K$174.93
2025-08-01ZUK NIRSell3.4K$175.63
2025-08-01Paul Josh D.Tax withheld1.5K$173.60
2025-07-07Klarich LeeSell61K$201.24
2025-07-07Klarich LeeOption exercise92K$32.25
2025-07-07Klarich LeeSell54K$200.33
2025-07-07Klarich LeeSell4.9K$201.84
2025-07-01ZUK NIRSell8.8K$196.60
2025-07-01Paul Josh D.Sell600$204.00
2025-07-01ZUK NIRSell8.5K$195.66
2025-07-01ZUK NIRSell38K$197.69
2025-07-01ZUK NIRSell20K$198.53
2025-07-01ZUK NIRSell4.3K$199.87
2025-07-01ZUK NIRSell4.3K$201.10
2025-07-01ZUK NIRSell5.1K$201.91
2025-07-01ZUK NIRSell5.1K$203.09
2025-07-01ZUK NIRSell5.5K$203.85
2025-06-23Golechha DipakSell319$203.76
2025-06-23Golechha DipakSell300$197.89
2025-06-23Golechha DipakSell701$201.02
2025-06-23Golechha DipakSell1.3K$201.93
2025-06-23Golechha DipakSell1.7K$203.21
2025-06-23Golechha DipakSell700$200.03
2025-06-20Paul Josh D.Sell800$201.05
2025-06-20Paul Josh D.Tax withheld1.8K$199.78
2025-06-07Arora NikeshDisposition43K
2025-06-04Klarich LeeOption exercise92K$32.25
2025-06-04Klarich LeeSell42K$193.94
2025-06-04Klarich LeeSell25K$194.87
2025-06-04Klarich LeeSell40K$196.03
2025-06-04Klarich LeeSell14K$196.72
2025-06-02ZUK NIRSell37K$192.62
2025-06-02ZUK NIRSell21K$194.33
2025-06-02ZUK NIRSell42K$193.54
2025-05-30Bawa AparnaSell526$190.00
2025-05-23Jenkins William D JrSell1.1K$187.21
2025-05-23Jenkins William D JrSell400$184.24
2025-05-23Jenkins William D JrSell550$185.12
2025-05-23Jenkins William D JrSell588$186.38
2025-05-20Jenkins William D JrDisposition3.8K
2025-05-05Klarich LeeOption exercise92K$32.25
2025-05-05Klarich LeeSell3.8K$186.33
2025-05-05Klarich LeeSell3.9K$187.26
2025-05-05Klarich LeeSell32K$188.34
2025-05-05Klarich LeeSell29K$189.22
2025-05-05Klarich LeeSell52K$190.22
2025-05-05Klarich LeeSell742$190.90
2025-05-01ZUK NIRSell5.0K$188.86
2025-05-01ZUK NIRSell40K$187.24
2025-05-01ZUK NIRSell55K$188.12
2025-05-01Paul Josh D.Sell400$188.91
2025-04-11ZUK NIRSell3.1K$162.12
2025-04-11ZUK NIRSell20K$163.06
2025-04-11ZUK NIRSell16K$163.92
2025-04-11ZUK NIRSell14K$164.90
2025-04-11ZUK NIRSell8.2K$165.86
2025-04-11ZUK NIRSell11K$167.01
2025-04-11ZUK NIRSell28K$167.80
2025-04-11ZUK NIRSell298$168.56
2025-04-11ZUK NIRSell17K$162.12
2025-04-11ZUK NIRSell110K$163.06
2025-04-11ZUK NIRSell89K$163.92
2025-04-11ZUK NIRSell76K$164.90
2025-04-11ZUK NIRSell45K$165.86
2025-04-11ZUK NIRSell58K$167.01
2025-04-11ZUK NIRSell154K$167.80
2025-04-11ZUK NIRSell1.6K$168.56
2025-04-07Klarich LeeSell12K$150.10
2025-04-07Klarich LeeOption exercise92K$32.25
2025-04-07Klarich LeeSell2.7K$144.84
2025-04-07Klarich LeeSell3.8K$146.22
2025-04-07Klarich LeeSell4.1K$147.16
2025-04-07Klarich LeeSell6.2K$148.08
2025-04-07Klarich LeeSell11K$149.28
2025-04-07Klarich LeeSell27K$151.19
2025-04-07Klarich LeeSell28K$152.18
2025-04-07Klarich LeeSell15K$153.19
2025-04-07Klarich LeeSell7.2K$154.06
2025-04-07Klarich LeeSell2.3K$155.05
2025-04-07Klarich LeeSell1.0K$156.54
2025-04-07Klarich LeeSell599$157.96
2025-04-07Klarich LeeSell261$158.81
2025-04-07Golechha DipakSell5.0K$150.00
2025-04-03Arora NikeshSell44K$163.65
2025-04-03Arora NikeshSell40K$164.69
2025-04-03Arora NikeshSell82K$165.75
2025-04-03Arora NikeshSell56K$166.70
2025-04-03Arora NikeshSell71K$167.65
2025-04-03Arora NikeshSell4.3K$168.38
2025-04-03Arora NikeshOption exercise297K$33.08
2025-04-02Arora NikeshSell2.5K$168.54
2025-04-02Arora NikeshSell2.2K$169.72
2025-04-02Arora NikeshSell9.6K$170.96
2025-04-02Arora NikeshSell55K$171.89
2025-04-02Arora NikeshSell87K$172.75
2025-04-02Arora NikeshSell55K$173.62
2025-04-02Arora NikeshSell17K$174.43
2025-04-02Arora NikeshOption exercise227K$33.08
2025-04-01Arora NikeshOption exercise264K$33.08
2025-04-01Arora NikeshSell21K$167.51
2025-04-01Arora NikeshSell43K$168.28
2025-04-01Arora NikeshSell76K$169.41
2025-04-01Arora NikeshSell96K$170.13
2025-04-01Arora NikeshSell28K$171.26
2025-04-01Paul Josh D.Sell900$168.52
2025-03-20Paul Josh D.Sell700$185.50
2025-03-20Paul Josh D.Tax withheld1.4K$187.54
2025-03-20Golechha DipakTax withheld3.3K$187.54
2025-03-11Thorning-Schmidt HelleGrant5.2K
2025-03-11Hamers RalphGrant5.2K
2025-03-07Arora NikeshDisposition43K
2025-03-05Arora NikeshSell22K$180.71
2025-03-05Arora NikeshSell27K$181.55
2025-03-05Arora NikeshSell21K$182.48
2025-03-05Arora NikeshSell80$183.12
2025-03-05Arora NikeshOption exercise70K$33.08
2025-03-04Arora NikeshSell11K$186.24
2025-03-04Arora NikeshOption exercise383K$33.08
2025-03-04Arora NikeshSell52K$179.56
2025-03-04Arora NikeshSell65K$180.43
2025-03-04Arora NikeshSell57K$181.34
2025-03-04Arora NikeshSell71K$182.39
2025-03-04Arora NikeshSell31K$183.38
2025-03-04Arora NikeshSell63K$184.42
2025-03-04Arora NikeshSell33K$185.25
2025-03-03Arora NikeshSell55K$190.64
2025-03-03Arora NikeshSell17K$191.75
2025-03-03Arora NikeshSell9.4K$192.84
2025-03-03Arora NikeshSell926$193.46
2025-03-03Arora NikeshSell64K$189.95
2025-03-03Arora NikeshSell27K$188.79
2025-03-03Arora NikeshSell36K$187.94
2025-03-03Arora NikeshSell10K$186.66
2025-03-03Arora NikeshOption exercise336K$33.08
2025-03-03Arora NikeshSell11K$185.66
2025-03-03Arora NikeshSell15K$184.74
2025-03-03Arora NikeshSell51K$183.62
2025-03-03Arora NikeshSell39K$182.93
2025-03-03Klarich LeeOption exercise92K$32.25
2025-03-03Klarich LeeSell8.8K$182.99
2025-03-03Klarich LeeSell9.2K$183.63
2025-03-03Klarich LeeSell2.8K$184.73
2025-03-03Klarich LeeSell2.8K$185.99
2025-03-03Klarich LeeSell2.1K$187.41
2025-03-03Klarich LeeSell14K$188.13
2025-03-03Klarich LeeSell8.0K$189.37
2025-03-03Klarich LeeSell35K$190.25
2025-03-03Klarich LeeSell10K$191.14
2025-03-03Klarich LeeSell5.0K$192.16
2025-03-03Klarich LeeSell2.3K$193.03
2025-02-21Golechha DipakGift7.5K
2025-02-20Jenkins William D JrDisposition3.8K
2025-02-19Jenkins William D JrSell302$203.74
2025-02-19Jenkins William D JrSell799$204.94
2025-02-19Jenkins William D JrSell1.2K$206.06
2025-02-19Jenkins William D JrSell100$208.24
2025-02-04Arora NikeshSell67K$181.62
2025-02-04Arora NikeshOption exercise298K$33.08
2025-02-04Arora NikeshSell193K$182.35
2025-02-04Arora NikeshSell31K$183.34
2025-02-04Arora NikeshSell6.8K$184.23
2025-02-03Arora NikeshSell788$184.15
2025-02-03Arora NikeshOption exercise491K$33.08
2025-02-03Klarich LeeOption exercise92K$32.25
2025-02-03Klarich LeeSell10K$180.75
2025-02-03Klarich LeeSell22K$181.60
2025-02-03Klarich LeeSell37K$182.57
2025-02-03Klarich LeeSell30K$183.50
2025-02-03Klarich LeeSell100$184.12
2025-02-03Paul Josh D.Sell700$181.22
2025-02-03Arora NikeshSell44K$180.77
2025-02-03Arora NikeshSell107K$181.70
2025-02-03Arora NikeshSell216K$182.55
2025-02-03Arora NikeshSell123K$183.51
2025-01-06Klarich LeeOption exercise120K$32.25
2025-01-06Klarich LeeSell20K$177.71
2025-01-06Klarich LeeSell29K$178.46
2025-01-06Klarich LeeSell18K$179.38
2025-01-06Klarich LeeSell23K$180.67
2025-01-06Klarich LeeSell24K$181.59
2025-01-06Klarich LeeSell6.2K$182.25
2025-01-06Arora NikeshSell39K$180.38
2025-01-06Arora NikeshSell15K$179.40
2025-01-06Arora NikeshSell32K$178.34
2025-01-06Arora NikeshSell14K$177.32
2025-01-06Arora NikeshOption exercise176K$33.08
2025-01-06Arora NikeshSell178$182.80
2025-01-06Arora NikeshSell12K$182.12
2025-01-06Arora NikeshSell65K$181.06
2025-01-03Arora NikeshSell8.8K$184.48
2025-01-03Arora NikeshSell102K$182.99
2025-01-03Arora NikeshSell99K$183.94
2025-01-03Arora NikeshOption exercise235K$33.08
2025-01-03Arora NikeshSell5.8K$180.95
2025-01-03Arora NikeshSell20K$182.01
2025-01-02Arora NikeshSell110K$181.93
2025-01-02Arora NikeshOption exercise377K$33.08
2025-01-02Arora NikeshSell229K$180.19
2025-01-02Paul Josh D.Sell1.4K$184.50
2025-01-02Arora NikeshSell12K$182.98
2025-01-02Arora NikeshSell26K$183.93

All non-derivative Form 4 activity (SEC), newest first.

Supply chain

Customers (1)

Suppliers (0)

    Named in the 10-K; linked when we track them.

    Notable events (8-K)

    DateItems
    2026-06-02ResultsExhibitsfiling ↗
    2026-04-13Material agreementDebt obligationExhibitsfiling ↗
    2026-03-23Otherfiling ↗
    2026-03-11OtherExhibitsfiling ↗
    2026-02-17ResultsExhibitsfiling ↗
    2026-02-11Material agreementDebt obligationOtherExhibitsfiling ↗
    2026-01-29Reg FDExhibitsfiling ↗
    2025-12-11Exec/director changeShareholder voteExhibitsfiling ↗

    Recent filings

    FormFiledPeriodAccession
    10-Q2026-06-032026-04-300001327567-26-000015 ↗
    8-K2026-06-022026-06-020001327567-26-000012 ↗
    8-K2026-04-132026-04-080001193125-26-151637 ↗
    8-K2026-03-232026-03-230001193125-26-119729 ↗
    8-K2026-03-112026-03-100001327567-26-000009 ↗
    10-Q2026-02-182026-01-310001327567-26-000005 ↗
    8-K2026-02-172026-02-170001327567-26-000003 ↗
    8-K2026-02-112026-02-110001193125-26-045600 ↗
    8-K2026-01-292026-01-290001193125-26-029489 ↗
    8-K2025-12-112025-12-090001193125-25-315915 ↗
    8-K2025-11-212025-11-210001193125-25-291350 ↗
    10-Q2025-11-202025-10-310001327567-25-000035 ↗