← Palo Alto Networks Inc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($225.9m) | ($216.6m) | ($147.9m) | ($81.9m) | ($267.0m) | ($498.9m) | ($267.0m) | $439.7m | $2.6b | $1.1b | — | |
| Depreciation, Depletion and Amortization | $42.8m | $59.8m | $96.4m | $153.8m | $206.1m | $260.4m | $282.6m | $282.2m | $283.3m | $343.4m | $598.4m | |
| Amortization of Debt Issuance Costs | $2.3m | $2.5m | $2.9m | $3.0m | $2.5m | $5.1m | $7.2m | $6.7m | $3.5m | $1.1m | — | |
| Amortization of Debt Issuance Costs and Discounts | $23.4m | $24.5m | $28.8m | $70.2m | $73.9m | $142.9m | $7.2m | $6.7m | $3.5m | $1.1m | — | |
| Amortization of Intangible Assets | $9.4m | $9.8m | $16.3m | $53.6m | $77.3m | $117.8m | $126.9m | $104.9m | $120.9m | $166.3m | — | |
| Depreciation | $33.1m | $48.6m | $74.7m | $86.2m | $96.0m | $94.2m | $92.8m | $95.9m | $85.1m | $94.4m | $598.4m | |
| Amortization Of Securities | — | — | — | — | — | — | $13.5m | ($52.2m) | ($60.1m) | ($41.1m) | ($59.1m) | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $282.6m | $282.2m | $283.3m | $343.4m | $598.4m | |
| Deferred Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | ($1.7b) | $218.5m | $130.1m | |
| Deferred Income Tax | — | — | — | — | — | — | ($3.1m) | $12.5m | ($2.0b) | ($349.9m) | $130.1m | |
| Deferred Tax | — | — | — | — | — | — | ($3.1m) | $12.5m | ($2.0b) | ($349.9m) | $130.1m | |
| Share-based Payment Arrangement, Noncash Expense | $392.8m | $474.5m | $496.7m | $567.7m | $658.4m | $894.5m | $1.0b | $1.1b | $1.1b | $1.3b | $1.7b | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $21.4m | $43.7m | $33.2m | $22.7m | $28.8m | $50.3m | $20.4m | $26.6m | $183.8m | — | |
| Share-based Payment Arrangement, Expense | $392.9m | $475.7m | $503.9m | $587.7m | $664.5m | $926.9m | $1.0b | $1.1b | $1.1b | $1.3b | $1.7b | |
| Nonoperating Income (Expense) | $8.4m | $10.2m | — | — | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | $28.5m | $63.4m | $35.9m | ($700k) | ($8.4m) | ($10.3m) | ($5.4m) | $25.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $523.9m | $550.8m | $910.3m | $922.8m | $646.8m | |
| Increase (Decrease) in Accounts Receivable | $136.4m | $82.9m | $33.0m | $108.7m | $435.6m | $172.4m | $902.0m | $320.3m | $154.3m | $345.3m | ($137.2m) | |
| Change In Receivables | — | — | — | — | — | — | ($932.1m) | ($1.1b) | ($1.0b) | ($154.2m) | ($137.2m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($902.0m) | ($320.3m) | ($154.3m) | ($345.3m) | ($137.2m) | |
| Inventory Write-down | — | — | — | — | — | — | — | — | — | $71.2m | — | |
| Increase (Decrease) in Accounts Payable | $15.1m | $5.9m | $3.7m | $32.3m | ($12.8m) | ($11.8m) | $69.3m | $1.0m | ($15.0m) | $106.8m | $37.8m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $54.8m | $10.6m | $373.3m | $305.6m | $37.8m | |
| Change In Accrued Expense | — | — | — | — | — | — | ($14.5m) | $9.6m | $388.3m | $198.8m | $182.8m | |
| Net Cash Provided by (Used in) Operating Activities | $658.1m |
$868.5m
+31.97%
|
$1.0b
+19.40%
|
$1.1b
+1.79%
|
$1.0b
-1.89%
|
$1.5b
+45.12%
|
$2.0b
+32.05%
|
$2.8b
+39.95%
|
$3.3b
+17.29%
|
$3.7b
+14.07%
|
$4.2b
+13.48%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | — | — | — | — | — | — | ($192.8m) | ($146.3m) | ($156.8m) | ($246.2m) | ($423.2m) | |
| Payments to Acquire Investments | — | — | — | $3.0b | $1.2b | $2.0b | $2.3b | $5.5b | $3.6b | $3.7b | ($3.3b) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $628.7m | $777.4m | $691.8m | $2.1b | $2.0b | $1.2b | $1.1b | $2.8b | $1.9b | $1.6b | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | $0 | $0 | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $90.7m | $374.1m | $773.7m | $583.5m | $777.3m | $37.0m | $204.5m | $610.6m | $1.1b | ($5.1b) | |
| Net Cash Provided by (Used in) Investing Activities | ($338.9m) | ($472.6m) | ($520.0m) | ($1.8b) | $288.0m | ($1.5b) | ($933.4m) | ($2.0b) | ($1.5b) | ($2.2b) | ($2.9b) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($2.6m) | $0 | $0 | — | — | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($600k) | ($1.7b) | ($1.0b) | — | ($1.0b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($600k) | ($1.7b) | ($1.0b) | ($965.6m) | ($382.6m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($600k) | ($1.7b) | ($1.0b) | — | ($1.0b) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | ($600k) | ($1.7b) | ($1.0b) | ($965.6m) | ($382.6m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($600k) | ($1.7b) | ($1.0b) | ($965.6m) | ($1.0b) | |
| Short Term Debt Payments | — | — | — | — | — | — | ($600k) | ($1.7b) | ($1.0b) | ($965.6m) | ($382.6m) | |
| Payments for Repurchase of Common Stock | — | $411.0m | $259.1m | $330.0m | $1.2b | $1.2b | $892.3m | $272.7m | $566.7m | $0 | — | |
| Common Stock Payments | — | — | — | — | — | — | ($892.3m) | ($272.7m) | ($566.7m) | $0 | ($1.0b) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($892.3m) | ($272.7m) | ($566.7m) | $0 | ($1.0b) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($892.3m) | ($272.7m) | ($566.7m) | $0 | ($1.0b) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($50.3m) | ($20.4m) | ($26.6m) | ($183.8m) | ($269.8m) | |
| Net Cash Provided by (Used in) Financing Activities | $39.4m |
($386.0m)
-1079.70%
|
$1.2b
+422.69%
|
($773.9m)
-162.13%
|
$673.0m
+186.96%
|
($1.1b)
-264.04%
|
($806.6m)
+26.94%
|
($1.7b)
-114.02%
|
($1.3b)
+22.20%
|
($778.9m)
+42.01%
|
($1.4b)
-77.03%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($1.5b) | $2.0b | ($1.1b) | $244.7m | ($982.6m) | $404.6m | $732.4m | $2.4b | |
| Beginning Cash Position | — | — | — | — | — | — | $1.9b | $2.1b | $1.1b | $1.5b | $2.4b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $965.0m | $3.0b | $1.9b | $2.1b | $1.1b | $1.5b | $2.3b | $2.4b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $7.1m | $9.0m | $11.2m | $22.0m | $17.2m | $24.9m | $34.6m | $147.1m | $342.3m | $505.5m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | — | — | — | $0 | $0 | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($3.4m) | $1.7m | ($3.5m) | ($6.7m) | ($5.4m) | $1.8m | ($7.9m) | $200k | ($32.8m) | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | $3.1m | $0 | $0 | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | $0 | — | — | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $138.4m | $198.3m | $257.8m | $261.8m | $299.6m | $391.1m | $405.0m | $447.7m | $680.5m | $442.7m | — | |
| Goodwill | $163.5m | $238.8m | $522.8m | $1.4b | $1.8b | $2.7b | $2.7b | $2.9b | $3.4b | $4.6b | — | |
| Income Tax Expense (Benefit) | $20.8m | $22.5m | $17.7m | $7.3m | $35.2m | $33.9m | $59.8m | $126.6m | ($1.6b) | $461.8m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $3.0m | — | |
| Operating Expenses | $1.2b | $1.5b | $1.8b | $2.1b | $2.6b | $3.3b | $4.0b | $4.6b | $5.3b | $5.5b | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($806.6m) | ($1.7b) | ($1.3b) | ($778.9m) | ($1.4b) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($933.4m) | ($2.0b) | ($1.5b) | ($2.2b) | ($2.9b) | |
| Change In Account Payable | — | — | — | — | — | — | $69.3m | $1.0m | ($15.0m) | $106.8m | $37.8m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $244.7m | ($982.6m) | $404.6m | $732.4m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $1.5b | $1.9b | $1.7b | $683.1m | $590.1m | |
| Change In Payable | — | — | — | — | — | — | $69.3m | $1.0m | ($15.0m) | $106.8m | $37.8m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($110.0m) | ($270.6m) | ($134.1m) | $88.3m | ($26.7m) | |
| Changes In Cash | — | — | — | — | — | — | $244.7m | ($982.6m) | $404.6m | $732.4m | ($22.6m) | |
| End Cash Position | — | — | — | — | — | — | $2.1b | $1.1b | $1.5b | $2.3b | $2.4b | |
| Financing Cash Flow | — | — | — | — | — | — | ($806.6m) |
($1.7b)
-114.02%
|
($1.3b)
+22.20%
|
($778.9m)
+42.01%
|
($1.4b)
-77.03%
|
|
| Free Cash Flow | — | — | — | — | — | — | $1.8b | $2.6b | $3.1b | $3.5b | $3.8b | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $54.4m | $49.9m | $55.3m | $65.4m | $71.4m | |
| Interest Paid Supplemental Data | — | — | — | — | — | — | $20.2m | $20.2m | $5.6m | $1.7m | $1.7m | |
| Investing Cash Flow | — | — | — | — | — | — | ($933.4m) | ($2.0b) | ($1.5b) | ($2.2b) | ($2.9b) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($37.0m) | ($204.5m) | ($610.6m) | ($1.1b) | ($5.1b) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($703.6m) | ($1.7b) | ($742.5m) | ($904.1m) | $2.7b | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($192.8m) | ($146.3m) | ($156.8m) | ($246.2m) | ($423.2m) | |
| Operating Gains Losses | — | — | — | — | — | — | $54.4m | $49.9m | $55.3m | $65.4m | $80.4m | |
| Other Non Cash Items | — | — | — | — | — | — | $369.3m | $420.1m | $449.5m | $346.4m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $136.6m | $258.8m | $283.9m | $370.5m | $273.5m | |
| Purchase Of Business | — | — | — | — | — | — | ($37.0m) | ($204.5m) | ($610.6m) | ($1.1b) | ($5.1b) | |
| Purchase Of Investment | — | — | — | — | — | — | ($2.3b) | ($5.5b) | ($3.6b) | ($3.7b) | ($3.3b) | |
| Purchase Of PPE | $72.5m | $163.4m | $112.0m | $131.2m | $214.4m | $116.0m | ($192.8m) | ($146.3m) | ($156.8m) | ($246.2m) | ($423.2m) | |
| Sale Of Investment | — | — | — | — | — | — | $1.6b | $3.8b | $2.8b | $2.8b | $6.0b | |
| Stock Based Compensation | — | — | — | — | — | — | $1.0b | $1.1b | $1.1b | $1.3b | $1.7b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.