Free Cash Flow for Palo Alto Networks (PANW)
Free Cash Flow for Palo Alto Networks (PANW): headline value $4.07B · YoY +11.9%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$4.07B
YoY change
+11.9%
5Y CAGR
+33.4%
Peak year (2025)
$3.47B
Latest annual
$3.47B
Free Cash Flow history chart for Palo Alto Networks (PANW) from 2009 to 2025
Free Cash Flow history table for Palo Alto Networks (PANW) from 2009 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $3.47B | +11.9% | ||
| 2024 | $3.10B | +17.8% | ||
| 2023 | $2.63B | +46.8% | ||
| 2022 | $1.79B | +29.2% | ||
| 2021 | $1.39B | +68.9% | ||
| 2020 | $821.30M | -11.2% | ||
| 2019 | $924.40M | -0.1% | ||
| 2018 | $925.00M | +31.2% | ||
| 2017 | $705.10M | +20.4% | ||
| 2016 | $585.60M | +85.0% | ||
| 2015 | $316.48M | +505.1% | ||
| 2014 | $52.30M | -43.2% | ||
| 2013 | $92.08M | +46.6% | ||
| 2012 | $62.80M | +228.8% | ||
| 2011 | $19.10M | -537.3% | ||
| 2010 | -$4.37M | -70.0% | ||
| 2009 | -$14.57M | — |
Free Cash Flow values are taken from Palo Alto Networks's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Palo Alto Networks (PANW) reported free cash flow of $3.47B – grew 11.9% year-over-year.
Palo Alto Networks free cash flow has grown for 5 consecutive years, with a +33.4% compound annual growth rate over 2020–2025 (5 years).
The dataset's maximum free cash flow sits at $3.47B (2025); the minimum reading of -$14.57M dates to 2009.
Within Technology, Palo Alto Networks (PANW) ranks 8th among 8 peers we track. The peer median for free cash flow is $49.26B.
Palo Alto Networks Free Cash Flow by Year
Palo Alto Networks Free Cash Flow 2025: $3.47B
Palo Alto Networks free cash flow in 2025 was $3.47B, grew 11.9% from 2024. This figure represents the highest annual value in the available history.
Palo Alto Networks Free Cash Flow 2024: $3.10B
Palo Alto Networks free cash flow in 2024 was $3.10B, grew 17.8% from 2023.
Palo Alto Networks Free Cash Flow 2023: $2.63B
Palo Alto Networks free cash flow in 2023 was $2.63B, surged 46.8% from 2022.
Palo Alto Networks Free Cash Flow 2022: $1.79B
Palo Alto Networks free cash flow in 2022 was $1.79B, grew 29.2% from 2021.
Palo Alto Networks Free Cash Flow 2021: $1.39B
Palo Alto Networks free cash flow in 2021 was $1.39B.
See more financial history for Palo Alto Networks (PANW).
Sector peers — Free Cash Flow
Companies in the same sector as Palo Alto Networks, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.10T | Technology |
| Apple Inc. (AAPL) | $98.77B | Technology |
| NVIDIA Corporation (NVDA) | $96.68B | Technology |
| Microsoft Corporation (MSFT) | $71.61B | Technology |
| Broadcom Inc. (AVGO) | $26.91B | Technology |
| ASML Holding N.V. (ASML) | $10.65B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $6.74B | Technology |
| Micron Technology, Inc. (MU) | $1.67B | Technology |
Frequently asked questions
What is Palo Alto Networks's free cash flow?
Latest reported free cash flow for Palo Alto Networks (PANW) is $4.07B (period ending January 31, 2026).
How has Palo Alto Networks free cash flow changed year-over-year?
Palo Alto Networks (PANW) free cash flow changed +11.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Palo Alto Networks free cash flow?
Palo Alto Networks (PANW) free cash flow compound annual growth rate is +33.4% over the most recent 5 years available.
When did Palo Alto Networks free cash flow hit its highest annual value?
Palo Alto Networks free cash flow reached its highest annual value of $3.47B in 2025.
What was Palo Alto Networks free cash flow in 2024?
Palo Alto Networks (PANW) free cash flow in 2024 was $3.10B.
What was Palo Alto Networks free cash flow in 2025?
Palo Alto Networks (PANW) free cash flow in 2025 was $3.47B.
Metrics overview
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