Welcome to our dedicated page for Palo Alto Networks SEC filings (Ticker: PANW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Palo Alto Networks, Inc. filings document formal disclosures for a Nasdaq-listed cybersecurity company, including 8-K reports on operating results, material agreements, acquisitions, capital structure and governance matters. The company's common stock is registered under the symbol PANW.
Recent filings cover quarterly financial results, completed acquisition-related agreements, convertible senior note obligations connected to CyberArk, share repurchase authorizations, campus lease amendments and shareholder meeting results. Proxy and compensation-related disclosures address director elections, equity incentive plan amendments, equity award information and security-holder voting outcomes.
Palo Alto Networks Inc (PANW) reported that Chief Accounting Officer Josh D. Paul sold 900 shares of common stock on September 1, 2026 at $373.68 per share in an open-market transaction. The sale was made under a Rule 10b5-1 trading plan adopted on September 17, 2025, and Paul now holds 72,484 shares directly, including shares acquired through the Employee Stock Purchase Plan.
Palo Alto Networks Inc (PANW) reported strong growth for its fiscal fourth quarter and full year ended July 31, 2026, while GAAP profitability declined due largely to acquisition- and financing-related items. Q4 total revenue grew 34% year over year to $3.41 billion, and Next-Generation Security ARR rose 63% to $9.10 billion, highlighting continued momentum across Network & AI Security, Cortex and Idira platforms.
Despite this, Q4 GAAP operating income fell to $172 million from $497 million, and the company recorded a GAAP net loss of $282 million versus prior-year net income of $254 million, driven in part by higher share-based compensation, amortization of acquired intangibles and a $524 million change in fair value of convertible senior notes and capped calls. Non-GAAP results were much stronger: Q4 non-GAAP operating income was $1.0 billion and non-GAAP net income was $853 million, or $1.02 per diluted share.
Full-year revenue increased to $11.48 billion from $9.22 billion, with non-GAAP net income of $2.93 billion and adjusted free cash flow of $4.41 billion, yielding a 38.4% adjusted free cash flow margin. The balance sheet expanded significantly, with total assets of $48.46 billion, including $22.01 billion of goodwill following acquisitions such as CyberArk Software Ltd. The company acquired Console, an AI-native agentic workflow platform, to extend Cortex across broader enterprise operations.
For fiscal Q1 2027, Palo Alto Networks forecasts revenue of $3.30–$3.31 billion (33–34% growth) and diluted non-GAAP EPS of $0.96–$0.98. For fiscal 2027, it guides to revenue of $14.10–$14.20 billion (23–24% growth), non-GAAP operating margin of 29.5%, diluted non-GAAP EPS of $4.16–$4.19, and adjusted free cash flow margin of 38.0%, supporting its longer-term Next-Generation Security ARR and free cash flow targets.
Palo Alto Networks Inc (PANW) reported that Chief Accounting Officer Josh D. Paul sold 900 shares of common stock on August 25, 2026 in an open-market transaction at a price of $353.77 per share. Following this sale, he directly holds 73,354 shares of Palo Alto Networks common stock. The transaction was effected under a Rule 10b5-1 trading plan adopted on September 17, 2025.
Palo Alto Networks, Inc. (PANW) received a notice that officer Joshua Paul plans to sell 3,300 shares of common stock under Rule 144, held through Restricted Stock Units becoming saleable on 08/01/2026. The shares have an indicated aggregate market value of $1,157,970.00, with 815,000,000 common shares outstanding.
Sales will be handled through Morgan Stanley Smith Barney LLC Executive Financial Services. In the prior three months, Joshua Paul reported Rule 10b5-1 sales totaling 2,000 shares of PANW common stock for proceeds reported as $310,500.00 on 07/01/2026 and $313,588.00 on 06/01/2026.
Palo Alto Networks Inc (PANW) reported that Chief Accounting Officer Josh D. Paul had 1,529 shares of common stock withheld on 2026-08-21 at $349.56 per share. The company states this was to satisfy income-tax withholding obligations upon vesting and net settlement of previously reported restricted stock units, not an open-market sale. After this withholding, Paul directly holds 74,254 shares of Palo Alto Networks common stock.
Palo Alto Networks, Inc. (PANW) adopted an Executive Change in Control and Severance Policy covering employees at Senior Vice President level and above, including CEO Nikesh Arora, CFO Dipak Golechha, President William “BJ” Jenkins, and Chief Product and Technology Officer Lee Klarich. Outside a change in control protection period, qualifying terminations by the company provide 100% of base salary as severance for executive officers, cash incentive severance based on target bonuses, 12 months of health benefit severance, and 12 months of time-based equity vesting acceleration.
During the change in control period, defined as beginning three months before and ending 12 months after a change in control for most executives and 18 months for the CEO, qualifying terminations by the company without cause, death or disability or by the executive for good reason provide enhanced benefits. The CEO is eligible for 200% of base salary and annual target cash incentive plus 24 months of health benefit severance, and other executive officers for 150% of base salary and target cash incentive plus 18 months of health benefit severance, along with full acceleration of unvested equity awards, with performance awards treated under their individual agreements. The policy also includes a Section 280G “best net” cutback or full payment approach. The board also approved amended and restated bylaws to reflect recent Delaware law changes, clarify stockholder meeting and proxy provisions, expand authority to call special board meetings to the lead independent director, update indemnification, and make other technical and conforming changes.
Palo Alto Networks Chief Accounting Officer Josh D. Paul reported a tax-withholding disposition involving 3,861 shares of common stock on August 1, 2026. The shares were withheld by the company to satisfy income tax obligations from the vesting and net settlement of previously granted restricted stock units, not sold on the market. After this transaction, Paul directly holds 75,783 shares of Palo Alto Networks common stock.
Palo Alto Networks Inc director Helle Thorning-Schmidt reported an open-market sale of 700 shares of Common Stock at $346.85 per share. After this transaction, she directly holds 5,898 shares. This filing reflects a single discretionary sale rather than a grant, option exercise, or tax-related transaction.
Palo Alto Networks CEO Nikesh Arora reported an internal reallocation of 865,090 shares of phantom stock under the company’s Deferred Compensation Plan. Each phantom share represents the right to receive one share of common stock.
The filing clarifies this is not an open market sale but a discretionary transaction permitted under Rule 16b-3(f). Distributions of the related common stock are scheduled in tranches around February 2028 and February 2036. After this change, Arora continues to hold a large equity stake, including the phantom stock in the plan and 726,542 shares of common stock.