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Palo Alto Networks 2025 Third Quarter 10-Q Report

20 Nov 2025

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The provided text is the Quarterly Report on Form 10-Q for Palo Alto Networks, Inc., filed with the U.S. Securities and Exchange Commission for the fiscal quarter ended October 31, 2025. This regulatory document offers a detailed financial overview, including consolidated statements of cash flows and stockholders' equity for the periods ending October 31, 2025 and 2024. The report discusses the company's business model, growth drivers, and comprehensive cybersecurity product portfolio, organized into Network Security, Security Operations (Cortex), and Threat Intelligence. Furthermore, it includes a Management’s Discussion and Analysis of financial results, liquidity, and capital resources, alongside an extensive list of risk factors affecting the global business, such as the pending acquisition of CyberArk Software Ltd. and various geopolitical and economic uncertainties.

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