Palo Alto Networks, Inc. (PANW) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | 871M | 554M | 1.77B | 1.02B | 628.7M | 556.9M | 1.51B | 512.7M | 528.9M | 690M | 1.53B | 414.1M |
| Operating CF Margin % | 29.01% | 21.36% | 71.58% | 40.25% | 27.47% | 24.67% | 70.58% | 23.42% | 26.65% | 34.93% | 81.25% | 21.2% |
| Operating CF Growth % | 38.54% | -0.52% | 17.32% | 99.1% | 18.87% | -19.29% | -1.07% | 23.81% | 22.4% | -0.66% | 23.39% | -20.93% |
| Net Income | -177M | 432M | 334M | 1.13B | 262.1M | 267.3M | 350.7M | 357.7M | 278.8M | 1.75B | 194.2M | 227.7M |
| Depreciation & Amortization | 483M | -87M | 215M | 42.7M | 88.1M | 87.6M | 83.9M | 76.1M | 185.4M | 68.6M | 64.3M | 69.3M |
| Stock-Based Compensation | 0 | 671M | 0 | 354.4M | 325.9M | 320.5M | 294.3M | 268.9M | 263.5M | 272M | 271M | 254.2M |
| Deferred Taxes | 24M | 5M | 9M | 91.6M | -124.7M | -179.4M | -137.4M | -215.4M | -127M | 163.1M | -387.63M | -4.6M |
| Other Non-Cash Items | 598M | 378M | 368M | -846.6M | 130.3M | 129.8M | 118.2M | 122.9M | -1M | -1.75B | 491.53M | 117.4M |
| Working Capital Changes | -57M | -845M | 845M | 244.8M | -53M | -68.9M | 799.9M | -97.5M | -70.8M | 186M | 892.6M | -249.9M |
| Change in Receivables | -251M | -883M | 1.75B | -924.6M | -342M | -384M | 1.5B | -1.36B | -188.5M | -481.9M | 1.01B | -1.76B |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 10M | 42M | -2M | -11.9M | 85.3M | -63.4M | 96.8M | 5.5M | -67.8M | 47.7M | -400K | 37.3M |
| Cash from Investing | -1.77B | 651M | -983M | -762.5M | -517.6M | -380.8M | -543.8M | -168.5M | 113.1M | -1.33B | -129M | 362.6M |
| Capital Expenditures | -83M | 84M | -84M | 159.9M | -68.3M | -47.5M | -44.1M | -47.4M | -37.4M | -35.2M | -36.8M | -37.2M |
| CapEx % of Revenue | 2.76% | 3.24% | 3.4% | 6.3% | 2.98% | 2.1% | 2.06% | 2.16% | 1.88% | 1.78% | 1.96% | 1.9% |
| Acquisitions | -1.99B | -2.58B | -2M | -554.9M | 0 | 500K | -500M | 0 | 0 | -610.6M | 36.8M | -39.6M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -254M | 0 | -246.2M | 0 | 0 | 0 | 0 | 0 | 0 | -36.8M | 39.6M |
| Cash from Financing | -899M | -114M | 8M | -374.1M | 47.1M | -232.2M | -219.7M | -179.3M | -1.05B | -72.6M | -41.8M | -1.63B |
| Debt Issued (Net) | 10M | 0 | 0 | 582.3M | -150.9M | -112.4M | -319M | -199.6M | -661.8M | -126.3M | -46M | -1.69B |
| Equity Issued (Net) | -874M | -130M | 130M | -360.6M | 203.3M | 36.6M | 120.7M | 24.2M | -384.2M | 57.5M | -66.7M | -2.9M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -1B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -500M | 0 | -66.7M | -2.9M |
| Other Financing | -35M | 16M | -122M | -595.8M | -5.3M | -156.4M | -21.4M | -3.9M | -3.4M | -3.8M | 70.9M | 60.1M |
| Net Change in Cash | -1.79B | 1.09B | 796M | -115.8M | 158.2M | -56.1M | 746.1M | 164.9M | -406.9M | -714.9M | 1.36B | -858.1M |
| Free Cash Flow | 788M | 638M | 1.69B | 1.18B | 560.4M | 509.4M | 1.47B | 465.3M | 491.5M | 654.8M | 1.49B | 376.9M |
| FCF Margin % | 26.25% | 24.6% | 68.19% | 46.55% | 24.48% | 22.57% | 68.51% | 21.25% | 24.76% | 33.15% | 79.29% | 19.3% |
| FCF Growth % | 40.61% | 25.25% | 15.11% | 153.75% | 14.02% | -22.21% | -1.59% | 23.45% | 22.6% | -0.23% | 24.4% | -22.21% |
| FCF per Share | 1.06 | 0.89 | 2.38 | 1.67 | 0.79 | 0.72 | 2.07 | 0.66 | 0.69 | 0.92 | 2.13 | 0.53 |
| FCF Conversion (FCF/Net Income) | -4.92x | 1.28x | 5.30x | 4.02x | 2.40x | 2.08x | 4.30x | 1.43x | 1.90x | 0.39x | 7.86x | 1.82x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |