PANW Q2 2026 Earnings — Palo Alto Networks, Inc. Revenue & Financial Results | Market Cap Arena

PANWPalo Alto Networks, Inc.

$113B

Q2 2026 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$2.6B+14.9% YoY

Gross Profit

$1.9B73.6% margin

Operating Income

$400M15.4% margin

Net Income

$432M16.7% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$554M

Free Cash Flow

$638M

Stock-Based Comp.

$671M

Balance Sheet

Total Assets

$25.0B

Total Liabilities

$15.6B

Stockholders' Equity

$9.4B

Cash & Equivalents

$4.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.3B	+14.9%
Gross Profit	$1.9B	$1.7B	+15.1%
Operating Income	$400M	$240M	+66.4%
Net Income	$432M	$267M	+61.6%

Revenue Segments

Subscription

$1.4B54%

Support

$676M26%

Product

$514M20%

Geographic Segments

Americas

$1.7B66%

EMEA

$560M22%

Asia Pacific

$322M12%