Palo Alto (PANW) free cash flow was $3.5B in FY2025 (+12% YoY). The tables below show the complete quarterly and annual free cash flow history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual Free Cash Flow
Fiscal Year
Free Cash Flow
YoY
2025
$3.5B
+12%
2024
$3.1B
+18%
2023
$2.6B
+47%
2022
$1.8B
+29%
2021
$1.4B
+69%
2020
$821M
-11%
2019
$924M
-0%
2018
$926M
+31%
2017
$705M
+20%
2016
$586M
+84%
2015
$319M
+510%
2014
$52M
-43%
2013
$92M
+47%
2012
$63M
+229%
2011
$19M
Recent Quarterly Free Cash Flow
Quarter
Free Cash Flow
Q1 2026
$788M
Q3 2025
$1.7B
Q2 2025
$935M
Q1 2025
$560M
Q3 2024
$1.5B
Q2 2024
$465M
Q1 2024
$492M
Q3 2023
$1.5B
Q2 2023
$377M
Q1 2023
$401M
Q3 2022
$1.2B
Q2 2022
$484M
Source: PANW on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.