Palo Alto Networks

PANW Cloud & Enterprise Software 1/10 Low Risk

1/10

— 1 → 1 over 22 weeks

Sector avg: 1.7/10

Palo Alto Networks carries $2.0B in long-term debt, with $1.2B in scheduled principal maturities. PANW shows a strong cash position ($2.4B) that could cover most of its debt obligations. DebtCanary scores PANW at 1/10, suggesting manageable refinancing risk.

Maturity Schedule

As of 2026-04-30 (latest SEC filing with maturity data). Debt actions taken after this date will only appear once SEC processes the relevant XBRL filing.

Period	Amount Due	% of Total
Year 1 (0-12 months)	N/A	N/A
Year 2 (12-24 months)	N/A	N/A
Year 3 (24-36 months)	N/A	N/A
Year 4 (36-48 months)	N/A	N/A
Year 5 (48-60 months)	N/A	N/A
Beyond 5 Years	$1.2B	100.0%
Total Scheduled Maturities	$1.2B	100.0%

Why don't these totals match? Total scheduled maturities ($1.2B) falls short of balance-sheet long-term debt ($2.0B) by about 40%. The two figures come from different disclosures: the maturity schedule aggregates gross principal repayments from the debt footnote — typically including the current portion of long-term debt and sometimes finance leases — while balance-sheet long-term debt is a carrying value that excludes the current portion and is net of unamortized discounts, premiums, and issuance costs. They can also come from filings with different period-end dates (2026-04-30 vs 2026-04-30). Both numbers are shown exactly as reported to the SEC.

Key Metrics

Total Long-Term Debt

$2.0B

Near-Term (12mo)

N/A

Interest Coverage

149.8x

Debt/Equity

0.07

Cash Coverage

N/A

Operating Income

$1.2B

EBITDA

$1.6B

Debt / EBITDA

1.3x

EBITDA / Interest

191.1x

How This Score Was Computed

Weighted average of 2 scored components (raw 1.00, rounded to 1). Weights of skipped components are redistributed proportionally among those scored.

Component	Value	Sub-Score	Weight Used
Near-Term Maturity Concentration No Year-1 maturity bucket was reported in recent filings.	N/A	—	not scored
Interest Coverage Ratio Show calculation Operating income / Interest expense Operating income: $1.2B Interest expense: $8M	149.75x	1/10	50%
Debt-to-Equity Ratio Show calculation Long-term debt / Stockholders' equity Long-term debt: $2.0B Stockholders' equity: $27.7B	0.07	1/10	50%
Cash Coverage of Near-Term Debt No near-term debt obligation was reported (no Year-1 maturity bucket and no balance-sheet short-term debt).	N/A	—	not scored
Cash Runway Only scored when a company is burning cash. Operating cash flow is positive (or unreported), so runway isn't a constraint.	N/A	—	not scored

"Weight Used" shows each component's share after the weights of unscored components are redistributed. Full thresholds and formulas are on the methodology page.

Recent SEC Filings

Material disclosures from Palo Alto Networks's most recent EDGAR filings. 8-K item labels indicate the type of event reported.

Date	Form	Details
2026-06-03	10-Q	Quarterly report
2026-06-02	8-K	Earnings Results
2026-04-13	8-K	Material Agreement, New Debt Obligation
2026-03-23	8-K	Other Events
2026-03-11	8-K	Other Events
2026-02-18	10-Q	Quarterly report
2026-02-17	8-K	Earnings Results
2026-02-11	8-K	Material Agreement, New Debt Obligation, Other Events

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Data Source: Financial data sourced from SEC EDGAR XBRL filings (10-K annual reports). Fiscal period end: 2026-04-30. Filing date: 2026-06-03. Data last fetched: 2026-07-26. Maturity schedules reflect the company's most recently reported debt repayment obligations. Data quality: Partial.
View SEC EDGAR filings for Palo Alto Networks →