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Latest period

$4.29B

YoY change

+11.9%

5Y CAGR

+33.4%

Peak year (2025)

$3.47B

Free Cash Flow history chart for Palo Alto Networks (PANW) from 2009 to 2025

Latest: $3.47B

Free Cash Flow growth chart for Palo Alto Networks (PANW) from 2009 to 2025

Latest: +11.9%

Free Cash Flow history table for Palo Alto Networks (PANW) from 2009 to 2025

  • 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 (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Free Cash Flow at Palo Alto Networks (PANW)

Free Cash Flow for Palo Alto Networks (PANW): headline value $4.29B · 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 .

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 record annual free cash flow stands at $3.47B, reached in 2025; the historical low of −$14.57M was recorded in 2009.

Palo Alto Networks Free Cash Flow by Year

Palo Alto Networks Free Cash Flow 2025: $3.47B

2025's free cash flow for Palo Alto Networks came in at $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 posted free cash flow of $3.10B in 2024, grew 17.8% from 2023.

Palo Alto Networks Free Cash Flow 2023: $2.63B

In 2023, Palo Alto Networks reported free cash flow of $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 by Free Cash Flow

Technology peers of Palo Alto Networks (PANW), ranked by their latest free cash flow

Frequently asked questions