---
schema_version: "secwatch.filing_event.v1"
accession: "0001327567-23-000012"
form_type: "8-K"
ticker: "PANW"
cik: "0001327567"
company_name: "Palo Alto Networks Inc"
filed_at: "2023-05-23T23:59:59+00:00"
generated_at: "2026-06-14T17:09:01.588708+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Palo Alto Networks Q3 revenue $1.7B (+24% YoY), GAAP net income positive, raises FY guidance

## Summary
- Revenue $1.7B (+24% YoY); billings $2.3B (+26% YoY); RPO grew 35% to $9.2B.
- GAAP net income $107.8M ($0.31 diluted EPS) vs year-ago loss of $73.2M.
- Non-GAAP EPS $1.10 vs $0.60 YoY; non-GAAP net income $359.4M.
- Q4 guidance: revenue $1.937-1.967B, non-GAAP EPS $1.26-$1.30.
- Raises FY23 cash flow margin guidance to 37.5%-38.5%.

## SEC filing metadata
- accession: 0001327567-23-000012
- form_type: 8-K
- ticker: PANW
- cik: 0001327567
- company_name: Palo Alto Networks Inc
- filed_at: 2023-05-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327567/000132756723000012/0001327567-23-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327567/000132756723000012/panw-20230523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327567-23-000012
- JSON: https://secwatch.observer/filing/0001327567-23-000012.json
- Plain text: https://secwatch.observer/filing/0001327567-23-000012.txt

## Key facts
- Earnings Releases
  Palo Alto Networks Inc reported financial results for third quarter and fiscal year ended April 30, 2023.
  - Period: third quarter and fiscal year ended April 30, 2023
  - Result: reported results
  source text: On May 23, 2023 , Palo Alto Networks, Inc. (the “Company”) issued a press release announcing its financial results for its third quarter and fiscal year ended April 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327567/000132756723000012/0001327567-23-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
