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Palo Alto Networks Inc

For the period ended Oct 31, 2025. Filed Nov 20, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Oct 31, 2025 · Filed Nov 20, 2025

PANW$330.89+5.4%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Table of Contents

Page
PART I - FINANCIAL INFORMATION
Item 1.Financial Statements2
Condensed Consolidated Balance Sheets as of October 31, 2025 and July 31, 20252
Condensed Consolidated Statements of Operations for the Three Months Ended October 31, 2025 and October 31, 20243
Condensed Consolidated Statements of Comprehensive Income for the Three Months Ended October 31, 2025 and October 31, 20244
Condensed Consolidated Statements of Stockholders’ Equity for the Three Months Ended October 31, 2025 and October 31, 20245
Condensed Consolidated Statements of Cash Flows for the Three Months Ended October 31, 2025 and October 31, 20246
Notes to Condensed Consolidated Financial Statements7
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations20
Item 3.Quantitative and Qualitative Disclosures About Market Risk33
Item 4.Controls and Procedures33
PART II - OTHER INFORMATION
Item 1.Legal Proceedings35
Item 1A.Risk Factors35
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds58
Item 5.Other Information58
Item 6.Exhibits59
Signatures60
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Part I

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.