# PANW · Palo Alto Networks Inc

Snapshot 2026-10-26 · CIK 0001327567 · Nasdaq · Computer Peripheral Equipment, Nec

Price 380.55 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 311.29 B

Machine-readable: https://theclaudetrader.com/s/PANW.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 9.5 (partial: 5) · complete: False · missing tests: 5 · current inputs as of 2026-07-31 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 20, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 11.48 revenue $B · threshold >= 1 · points 5.0/5
- 2a Current ratio: 0.87  · threshold >= 2.0 · points 0.0/15
- 2b Long-term debt vs working capital: None LTD / WC · threshold <= 1.0 · points 0.0/15
- 3 Positive earnings each of 10 years: 3 of 10  · threshold 10 of 10 · points 4.5/15
- 4 Dividends every year for 20 years: 0 of 20  · threshold 20 of 20 · points 0.0/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: None  · threshold >= +33% · points None/10
- 6 P/E on 3-year average EPS: 194.2  · threshold <= 15 · points 0.0/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 11.32, product 2198.4  · threshold <= 1.5 or <= 22.5 · points 0.0/10

Inputs:
  - Price (close, per traded unit): 380.55 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 11480000000.0 · 2026-07-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - liabilities: 20968000000.0 · 2026-07-31 · SEC XBRL Liabilities · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - current_liabilities: 9923000000.0 · 2026-07-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - current_assets: 8643000000.0 · 2026-07-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - current_liabilities: 9923000000.0 · 2026-07-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - equity: 27492000000.0 · 2026-07-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Net income FY2016: -192700000.0 · 2016-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756718000024/ · unverified
  - Net income FY2017: -203000000.0 · 2017-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756719000032/ · unverified
  - Net income FY2018: -122200000.0 · 2018-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756720000032/ · unverified
  - Net income FY2019: -81900000.0 · 2019-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756721000029/ · unverified
  - Net income FY2020: -267000000.0 · 2020-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756722000028/ · unverified
  - Net income FY2021: -498900000.0 · 2021-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756723000024/ · unverified
  - Net income FY2022: -267000000.0 · 2022-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756724000029/ · unverified
  - Net income FY2023: 439700000.0 · 2023-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756725000027/ · unverified
  - Net income FY2024: 2578000000.0 · 2024-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Net income FY2025: 1134000000.0 · 2025-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Dividend years (Yahoo): [] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/PANW/history?filter=div · unverified
  - EPS diluted FY2023: 0.64 · 2023-07-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1327567/000132756725000027/ · unverified
  - EPS diluted FY2024: 3.64 · 2024-07-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - EPS diluted FY2025: 1.6 · 2025-07-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Shares outstanding: 818000000.0 · 2026-08-31 · SEC cover page 10-K 0001327567-26-000023 (818,000,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/panw-20260731.htm · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/R1.htm

### Magic Formula: — (insufficient data (debt unknown: no debt concept reported in the last 18 months)) · complete: None · missing tests: none · current inputs as of None · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula

### Momentum: 81.7 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: 82.9 % · threshold  · points 47.3/50
-  6 month return: 119.7 % · threshold  · points 19.9/20
-  Price / 52-week high: 0.906  · threshold  · points 13.6/15
-  Volatility penalty (60d annualised): 62.3 % · threshold  · points 0.9/15

Inputs:
  - Adjusted close series (14 months): 380.55 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): 0.3 bp · threshold  · points -4.7/0

Inputs:
  - Form 4 S Bawa Aparna 2026-10-09: 33370.0 · 2026-10-09 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000119312526419277/#live
  - Form 4 S Bawa Aparna 2026-10-09: 69700.0 · 2026-10-09 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000119312526419277/#live
  - Form 4 S Bawa Aparna 2026-09-24: 102099.4 · 2026-09-24 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000119312526405399/
  - Form 4 S GOETZ JAMES J 2026-09-17: 298232.66000000003 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
  - Form 4 S GOETZ JAMES J 2026-09-17: 380720.0 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
  - Form 4 S GOETZ JAMES J 2026-09-17: 265727.0 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
  - Form 4 S GOETZ JAMES J 2026-09-17: 191345.0 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
  - Form 4 S GOETZ JAMES J 2026-09-17: 569624.96 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
  - Form 4 S GOETZ JAMES J 2026-09-17: 488301.44999999995 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
  - Form 4 S GOETZ JAMES J 2026-09-17: 1789511.6600000001 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
  - Form 4 S GOETZ JAMES J 2026-09-17: 1620523.49 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
  - Form 4 S GOETZ JAMES J 2026-09-17: 1254562.56 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
  - Form 4 S GOETZ JAMES J 2026-09-17: 339912.3 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
  - Form 4 S GOETZ JAMES J 2026-09-17: 335259.0 · 2026-09-17 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
  - Form 4 S Bawa Aparna 2026-09-15: 188590.0 · 2026-09-15 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000119312526393132/
  - Form 4 S Key John P. 2026-09-14: 940074.9999999999 · 2026-09-14 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000177245826000005/
  - Form 4 S Bawa Aparna 2026-09-14: 373610.0 · 2026-09-14 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/1327567/000119312526393132/
  - excluded 2026-10-01 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-24 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-24 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-24 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-24 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-24 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-24 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-24 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-24 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-09-01 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-25 S: 10b5-1 plan ·  · rule · 

### Buffett Quality: 16.0 (partial: 4) · complete: False · missing tests: 4 · current inputs as of 2026-08-31 · stale inputs: none · history 2017–2026 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 46, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): -18.1% over 8 yrs  · threshold >= 15% · points 0.0/25
- 2 Profitable every year: 4 of 10  · threshold all years · points 6.0/15
- 3 Net income growth, 3-yr average now vs start of window: base or latest average not positive  · threshold >= +10% · points 0.0/10
- 4 Borrowings / 3-yr average earnings (years to repay): None  · threshold <= 4 · points None/15
- 5 Operating margin, 5-yr average: 6.0%  · threshold >= 20% · points 0.0/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 3.60  · threshold >= 1.0 · points 10.0/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 1.1%  · threshold >= 7% · points 0.0/15

Inputs:
  - Price (close, per traded unit): 380.55 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2019: -81900000.0 · 2019-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756721000029/ · unverified
  - Equity at FY2019 end: 1586300000.0 · 2019-07-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1327567/000132756720000032/ · unverified
  - Net income FY2020: -267000000.0 · 2020-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756722000028/ · unverified
  - Equity at FY2020 end: 1101800000.0 · 2020-07-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1327567/000132756721000029/ · unverified
  - Net income FY2021: -498900000.0 · 2021-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756723000024/ · unverified
  - Equity at FY2021 end: 634500000.0 · 2021-07-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1327567/000132756724000029/ · unverified
  - Net income FY2022: -267000000.0 · 2022-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756724000029/ · unverified
  - Equity at FY2022 end: 210000000.0 · 2022-07-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1327567/000132756725000027/ · unverified
  - Net income FY2023: 439700000.0 · 2023-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756725000027/ · unverified
  - Equity at FY2023 end: 1748000000.0 · 2023-07-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Net income FY2024: 2578000000.0 · 2024-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Equity at FY2024 end: 5169000000.0 · 2024-07-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Net income FY2025: 1134000000.0 · 2025-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Equity at FY2025 end: 7824000000.0 · 2025-07-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Net income FY2026: 307000000.0 · 2026-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Equity at FY2026 end: 27492000000.0 · 2026-07-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Net income FY2017: -203000000.0 · 2017-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756719000032/ · unverified
  - Net income FY2018: -122200000.0 · 2018-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756720000032/ · unverified
  - Net income FY2019: -81900000.0 · 2019-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756721000029/ · unverified
  - Net income FY2020: -267000000.0 · 2020-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756722000028/ · unverified
  - Net income FY2021: -498900000.0 · 2021-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756723000024/ · unverified
  - Net income FY2022: -267000000.0 · 2022-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756724000029/ · unverified
  - Net income FY2023: 439700000.0 · 2023-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756725000027/ · unverified
  - Net income FY2024: 2578000000.0 · 2024-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Net income FY2025: 1134000000.0 · 2025-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Net income FY2026: 307000000.0 · 2026-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Operating income FY2022: -188800000.0 · 2022-07-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756724000029/ · unverified
  - Revenue FY2022: 5501500000.0 · 2022-07-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1327567/000132756724000029/ · unverified
  - Operating income FY2023: 387300000.0 · 2023-07-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756725000027/ · unverified
  - Revenue FY2023: 6892700000.0 · 2023-07-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1327567/000132756725000027/ · unverified
  - Operating income FY2024: 684000000.0 · 2024-07-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Revenue FY2024: 8027000000.0 · 2024-07-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Operating income FY2025: 1243000000.0 · 2025-07-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Revenue FY2025: 9221000000.0 · 2025-07-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Operating income FY2026: 695000000.0 · 2026-07-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Revenue FY2026: 11480000000.0 · 2026-07-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Operating cash flow FY2022: 1984700000.0 · 2022-07-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1327567/000132756724000029/ · unverified
  - Capital expenditure FY2022: 192800000.0 · 2022-07-31 · SEC XBRL PaymentsToAcquireProductiveAssets (10-K via companyfacts; capex fallback) · https://www.sec.gov/Archives/edgar/data/1327567/000132756724000029/ · unverified
  - Operating cash flow FY2023: 2777500000.0 · 2023-07-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1327567/000132756725000027/ · unverified

### Lynch GARP: 9.0 (partial: 4, 6) · complete: False · missing tests: 4, 6 · current inputs as of None · stale inputs: none · history 2021–2026 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 2, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): None  · threshold <= 1.0 · points 0.0/30
- 2 EPS growth, 5-yr compound rate: None  · threshold 12% to 35% a year · points 0.0/20
- 3 P/E on latest annual EPS: 951.4  · threshold <= 25 · points 0.0/10
- 4 Borrowings / equity: None  · threshold <= 0.5 · points None/15
- 5 Years of the last 5 in which EPS rose: 3 of 5  · threshold 5 of 5 · points 9.0/15
- 6 Net cash (cash minus borrowings) / market cap: None  · threshold >= +10% · points None/10

Inputs:
  - Price (close, per traded unit): 380.55 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - EPS diluted FY2026: 0.4 · 2026-07-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - EPS diluted FY2021: -0.865 · 2021-07-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1327567/000132756723000024/ · unverified

### Graham Enterprising: 22.0 (partial: 2) · complete: False · missing tests: 2 · current inputs as of 2026-07-31 · stale inputs: none · history 2021–2026 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 10, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 0.87  · threshold >= 1.5 · points 0.0/15
- 2 Borrowings vs working capital: None  · threshold <= 1.1x · points None/15
- 3 No earnings deficit in the last 5 years: 4 of 5 profitable  · threshold 5 of 5 · points 12.0/15
- 4 Pays a current dividend: no  · threshold yes · points 0.0/10
- 5 EPS higher than five years earlier: -0.86 -> 0.40  · threshold higher · points 10.0/10
- 6 Price / book value per share: 11.32  · threshold <= 1.2 · points 0.0/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points 0.0/15

Inputs:
  - Price (close, per traded unit): 380.55 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 8643000000.0 · 2026-07-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - current_liabilities: 9923000000.0 · 2026-07-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Net income FY2022: -267000000.0 · 2022-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756724000029/ · unverified
  - Net income FY2023: 439700000.0 · 2023-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756725000027/ · unverified
  - Net income FY2024: 2578000000.0 · 2024-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Net income FY2025: 1134000000.0 · 2025-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Net income FY2026: 307000000.0 · 2026-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Dividend years (Yahoo): [] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/PANW/history?filter=div
  - EPS diluted FY2026: 0.4 · 2026-07-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - EPS diluted FY2021: -0.865 · 2021-07-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1327567/000132756723000024/ · unverified
  - equity: 27492000000.0 · 2026-07-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - Shares outstanding: 818000000.0 · 2026-08-31 · SEC cover page 10-K 0001327567-26-000023 (818,000,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/panw-20260731.htm · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/R1.htm

### Piotroski F-Score: 33.3 (partial: 5) · complete: False · missing tests: 5 · current inputs as of None · stale inputs: none · history 2025–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 23, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 0.6%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 4,553M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 4.8% -> 0.6%  · threshold pass = 1 · points 0.0/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 4,553M vs 307M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: None  · threshold pass = 1 · points None/11.11111111111111
- 6 Current ratio improved: 0.94 -> 0.87  · threshold pass = 1 · points 0.0/11.11111111111111
- 7 No new shares issued (share count did not rise): 668M -> 818M  · threshold pass = 1 · points 0.0/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): 13.5% -> 6.1%  · threshold pass = 1 · points 0.0/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.39 -> 0.24  · threshold pass = 1 · points 0.0/11.11111111111111

Inputs:
  - net_income 2026-07-31: 307000000.0 · 2026-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - total_assets 2026-07-31: 48460000000.0 · 2026-07-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - cfo 2026-07-31: 4553000000.0 · 2026-07-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - net_income 2026-07-31: 307000000.0 · 2026-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - net_income 2025-07-31: 1134000000.0 · 2025-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - total_assets 2026-07-31: 48460000000.0 · 2026-07-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - total_assets 2025-07-31: 23576000000.0 · 2025-07-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - cfo 2026-07-31: 4553000000.0 · 2026-07-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - net_income 2026-07-31: 307000000.0 · 2026-07-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - current_assets 2026-07-31: 8643000000.0 · 2026-07-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - current_assets 2025-07-31: 7523000000.0 · 2025-07-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - current_liabilities 2026-07-31: 9923000000.0 · 2026-07-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - current_liabilities 2025-07-31: 7988000000.0 · 2025-07-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - shares_out 2026-08-31: 818000000.0 · 2026-08-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - shares_out 2025-07-31: 668000000.0 · 2025-07-31 · SEC XBRL CommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - operating_income 2026-07-31: 695000000.0 · 2026-07-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - operating_income 2025-07-31: 1243000000.0 · 2025-07-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - revenue 2026-07-31: 11480000000.0 · 2026-07-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - revenue 2025-07-31: 9221000000.0 · 2025-07-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - revenue 2026-07-31: 11480000000.0 · 2026-07-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - revenue 2025-07-31: 9221000000.0 · 2025-07-31 · SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - total_assets 2026-07-31: 48460000000.0 · 2026-07-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified
  - total_assets 2025-07-31: 23576000000.0 · 2025-07-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 380.55 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 818,000,000 underlying shares, period 2026-08-31, SEC cover page 10-K 0001327567-26-000023 (818,000,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/panw-20260731.htm, accession 0001327567-26-000023 · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 311,289,900,000 USD; 380.55 (price 2026-10-23) / 1 x 818,000,000 (shares at 2026-08-31) = 311,289,900,000

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-07-31): 396107000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756715000027/
- FY2014 (ended 2014-07-31): 598200000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756716000064/
- FY2015 (ended 2015-07-31): 928100000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756717000027/
- FY2016 (ended 2016-07-31): 1378500000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756718000024/
- FY2017 (ended 2017-07-31): 1761600000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756718000024/
- FY2018 (ended 2018-07-31): 2273100000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756718000024/
- FY2019 (ended 2019-07-31): 2899600000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756721000029/
- FY2020 (ended 2020-07-31): 3408400000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756722000028/
- FY2021 (ended 2021-07-31): 4256100000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756723000024/
- FY2022 (ended 2022-07-31): 5501500000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756724000029/
- FY2023 (ended 2023-07-31): 6892700000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756725000027/
- FY2024 (ended 2024-07-31): 8027000000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/
- FY2025 (ended 2025-07-31): 9221000000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/
- FY2026 (ended 2026-07-31): 11480000000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-07-31): -29246000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756715000027/
- FY2014 (ended 2014-07-31): -226500000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756716000064/
- FY2015 (ended 2015-07-31): -131300000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756717000027/
- FY2016 (ended 2016-07-31): -192700000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756718000024/
- FY2017 (ended 2017-07-31): -203000000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756719000032/
- FY2018 (ended 2018-07-31): -122200000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756720000032/
- FY2019 (ended 2019-07-31): -81900000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756721000029/
- FY2020 (ended 2020-07-31): -267000000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756722000028/
- FY2021 (ended 2021-07-31): -498900000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756723000024/
- FY2022 (ended 2022-07-31): -267000000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756724000029/
- FY2023 (ended 2023-07-31): 439700000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756725000027/
- FY2024 (ended 2024-07-31): 2578000000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/
- FY2025 (ended 2025-07-31): 1134000000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/
- FY2026 (ended 2026-07-31): 307000000.0 · https://www.sec.gov/Archives/edgar/data/1327567/000132756726000023/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2019 (ended 2019-07-31): -0.145 [filed -0.87, split factor 6.0]
- FY2020 (ended 2020-07-31): -0.46 [filed -2.76, split factor 6.0]
- FY2021 (ended 2021-07-31): -0.865 [filed -1.73, split factor 2.0]
- FY2022 (ended 2022-07-31): -0.45 [filed -0.9, split factor 2.0]
- FY2023 (ended 2023-07-31): 0.64 [filed 0.64, split factor 1.0]
- FY2024 (ended 2024-07-31): 3.64 [filed 3.64, split factor 1.0]
- FY2025 (ended 2025-07-31): 1.6 [filed 1.6, split factor 1.0]
- FY2026 (ended 2026-07-31): 0.4 [filed 0.4, split factor 1.0]

## Dividend years (Yahoo history)

none

## Insider transactions (SEC Form 4 data set, latest 40)

- 2026-10-09 S Bawa Aparna (director) 80 @ 417.12 = 33370 · https://www.sec.gov/Archives/edgar/data/1327567/000119312526419277/#live
- 2026-10-09 S Bawa Aparna (director) 170 @ 410.00 = 69700 · https://www.sec.gov/Archives/edgar/data/1327567/000119312526419277/#live
- 2026-10-01 S Paul Josh D. (officer) 400 @ 395.70 = 158280 · https://www.sec.gov/Archives/edgar/data/1327567/000188228526000027/#live
- 2026-09-24 S Bawa Aparna (director) 260 @ 392.69 = 102099 · https://www.sec.gov/Archives/edgar/data/1327567/000119312526405399/
- 2026-09-24 S Golechha Dipak (CFO) 100 @ 396.21 = 39621 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000007/
- 2026-09-24 S Golechha Dipak (CFO) 900 @ 388.69 = 349821 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000007/
- 2026-09-24 S Golechha Dipak (CFO) 2160 @ 389.85 = 842076 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000007/
- 2026-09-24 S Golechha Dipak (CFO) 9539 @ 390.66 = 3726506 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000007/
- 2026-09-24 S Golechha Dipak (CFO) 5301 @ 391.71 = 2076455 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000007/
- 2026-09-24 S Golechha Dipak (CFO) 6400 @ 392.71 = 2513344 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000007/
- 2026-09-24 S Golechha Dipak (CFO) 2200 @ 393.58 = 865876 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000007/
- 2026-09-24 S Golechha Dipak (CFO) 900 @ 394.98 = 355482 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000007/
- 2026-09-17 S GOETZ JAMES J (director) 781 @ 381.86 = 298233 · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
- 2026-09-17 S GOETZ JAMES J (director) 1000 @ 380.72 = 380720 · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
- 2026-09-17 S GOETZ JAMES J (director) 700 @ 379.61 = 265727 · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
- 2026-09-17 S GOETZ JAMES J (director) 500 @ 382.69 = 191345 · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
- 2026-09-17 S GOETZ JAMES J (director) 1504 @ 378.74 = 569625 · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
- 2026-09-17 S GOETZ JAMES J (director) 1293 @ 377.65 = 488301 · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
- 2026-09-17 S GOETZ JAMES J (director) 4751 @ 376.66 = 1789512 · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
- 2026-09-17 S GOETZ JAMES J (director) 4313 @ 375.73 = 1620523 · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
- 2026-09-17 S GOETZ JAMES J (director) 3348 @ 374.72 = 1254563 · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
- 2026-09-17 S GOETZ JAMES J (director) 910 @ 373.53 = 339912 · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
- 2026-09-17 S GOETZ JAMES J (director) 900 @ 372.51 = 335259 · https://www.sec.gov/Archives/edgar/data/1327567/000121923126000008/
- 2026-09-15 S Bawa Aparna (director) 500 @ 377.18 = 188590 · https://www.sec.gov/Archives/edgar/data/1327567/000119312526393132/
- 2026-09-14 S Key John P. (director) 2500 @ 376.03 = 940075 · https://www.sec.gov/Archives/edgar/data/1327567/000177245826000005/
- 2026-09-14 S Bawa Aparna (director) 1000 @ 373.61 = 373610 · https://www.sec.gov/Archives/edgar/data/1327567/000119312526393132/
- 2026-09-01 S Paul Josh D. (officer) 900 @ 373.68 = 336312 · https://www.sec.gov/Archives/edgar/data/1327567/000188228526000022/
- 2026-08-25 S Paul Josh D. (officer) 900 @ 353.77 = 318393 · https://www.sec.gov/Archives/edgar/data/1327567/000188228526000020/
- 2026-07-07 S Thorning-Schmidt Helle (director) 700 @ 346.85 = 242795 · https://www.sec.gov/Archives/edgar/data/1327567/000205537026000004/
- 2026-07-01 S Bawa Aparna (director) 290 @ 348.74 = 101135 · https://www.sec.gov/Archives/edgar/data/1327567/000119312526292777/
- 2026-07-01 S Paul Josh D. (officer) 900 @ 345.00 = 310500 · https://www.sec.gov/Archives/edgar/data/1327567/000188228526000011/
- 2026-06-29 S Bawa Aparna (director) 305 @ 328.14 = 100083 · https://www.sec.gov/Archives/edgar/data/1327567/000119312526292777/
- 2026-06-29 S Bawa Aparna (director) 327 @ 309.83 = 101314 · https://www.sec.gov/Archives/edgar/data/1327567/000119312526292777/
- 2026-06-23 S Golechha Dipak (CFO) 1300 @ 288.96 = 375648 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000005/
- 2026-06-23 S Golechha Dipak (CFO) 200 @ 286.68 = 57336 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000005/
- 2026-06-23 S Golechha Dipak (CFO) 300 @ 284.80 = 85440 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000005/
- 2026-06-23 S Golechha Dipak (CFO) 2100 @ 290.03 = 609063 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000005/
- 2026-06-23 S Golechha Dipak (CFO) 214 @ 291.84 = 62454 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000005/
- 2026-06-23 S Golechha Dipak (CFO) 886 @ 291.07 = 257888 · https://www.sec.gov/Archives/edgar/data/1327567/000185254026000005/
- 2026-06-22 S Bawa Aparna (director) 345 @ 290.17 = 100109 · https://www.sec.gov/Archives/edgar/data/1327567/000119312526277902/

## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001327567
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001327567.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001327567&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001327567&type=8-K
- yahoo: https://finance.yahoo.com/quote/PANW
- stooq: https://stooq.com/q/d/?s=panw.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=PANW
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=PANW
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/panw/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/PANW
- openinsider (link only, nothing stored): http://openinsider.com/search?q=PANW
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=PANW+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/PANW; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.