• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2026 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SD filed by Palo Alto Networks Inc.

    5/27/26 4:05:03 PM ET
    $PANW
    Computer peripheral equipment
    Technology
    Get the next $PANW alert in real time by email
    SD 1 d134083dsd.htm SD SD
     
     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    Form SD

     

     

    Specialized Disclosure Report

     

     

    PALO ALTO NETWORKS, INC.

    (Exact name of registrant as specified in its charter)

     

     

     

    Delaware   001-35594

    (State or other jurisdiction of

    incorporation or organization)

      (Commission File Number)

    3000 Tannery Way

    Santa Clara, California

      95054
    (Address of principal executive office)   (Zip Code)

    Dipak Golechha

    Chief Financial Officer

    (408) 753-4000

    (Name and telephone number, including area code, of the person to contact in connection with this report)

     

     

    Check the appropriate box to indicate the rule pursuant to which this form is being filed:

     

    ☒

    Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2025.

     

    ☐

    Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended _______.

     

     
     


    Section 1 - Conflict Minerals Disclosure

    Item 1.01 Conflict Minerals Disclosure and Report

    A copy of Palo Alto Networks, Inc.’s Conflict Minerals Report for the reporting period January 1, 2025 to December 31, 2025 is attached hereto as Exhibit 1.01 and is publicly available at https://investors.paloaltonetworks.com/governance/governance-documents*.

    Item 1.02 Exhibits

    The Conflict Minerals Report required by Item 1.01 of this Form SD is filed as Exhibit 1.01 to this Form SD.

    Section 3 - Exhibits

    Item 3.01 Exhibits

     

    Exhibit 1.01    Conflict Minerals Report for the reporting period January 1, 2025 to December 31, 2025 as required by Items 1.01 and 1.02 of this Form SD.

     

    *

    The reference to Palo Alto Networks, Inc.’s website is provided for convenience only, and its contents are not incorporated by reference into this Form SD or the Conflict Minerals Report, nor deemed filed with the U.S. Securities and Exchange Commission.


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

    Date: May 27, 2026

     

    PALO ALTO NETWORKS, INC.

    By:   /s/ Dipak Golechha
     

    Dipak Golechha

     

    Chief Financial Officer

    Get the next $PANW alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $PANW

    DatePrice TargetRatingAnalyst
    6/3/2026$270.00 → $335.00Outperform
    BMO Capital Markets
    4/21/2026$215.00Buy
    Berenberg
    3/3/2026$185.00Sell → Buy
    Arete
    2/18/2026$230.00 → $200.00Outperform
    BMO Capital Markets
    1/5/2026Sell → Neutral
    Guggenheim
    12/17/2025$235.00Overweight → Neutral
    Analyst
    11/21/2025$157.00Hold → Reduce
    HSBC Securities
    10/13/2025$248.00Neutral → Buy
    BTIG Research
    More analyst ratings

    $PANW
    SEC Filings

    View All

    Palo Alto Networks Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - Palo Alto Networks Inc (0001327567) (Filer)

    6/2/26 4:08:29 PM ET
    $PANW
    Computer peripheral equipment
    Technology

    SEC Form SD filed by Palo Alto Networks Inc.

    SD - Palo Alto Networks Inc (0001327567) (Filer)

    5/27/26 4:05:03 PM ET
    $PANW
    Computer peripheral equipment
    Technology

    Palo Alto Networks Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement

    8-K - Palo Alto Networks Inc (0001327567) (Filer)

    4/10/26 9:00:48 PM ET
    $PANW
    Computer peripheral equipment
    Technology

    $PANW
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Bawa Aparna bought $28,175 worth of shares (155 units at $181.77) and sold $11,837 worth of shares (71 units at $166.71), increasing direct ownership by 2% to 3,851 units (SEC Form 4)

    4 - Palo Alto Networks Inc (0001327567) (Issuer)

    8/30/24 9:00:05 PM ET
    $PANW
    Computer peripheral equipment
    Technology

    $PANW
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    BMO Capital Markets reiterated coverage on Palo Alto Networks with a new price target

    BMO Capital Markets reiterated coverage of Palo Alto Networks with a rating of Outperform and set a new price target of $335.00 from $270.00 previously

    6/3/26 7:53:10 AM ET
    $PANW
    Computer peripheral equipment
    Technology

    Berenberg initiated coverage on Palo Alto Networks with a new price target

    Berenberg initiated coverage of Palo Alto Networks with a rating of Buy and set a new price target of $215.00

    4/21/26 7:33:51 AM ET
    $PANW
    Computer peripheral equipment
    Technology

    Palo Alto Networks upgraded by Arete with a new price target

    Arete upgraded Palo Alto Networks from Sell to Buy and set a new price target of $185.00

    3/3/26 8:20:38 AM ET
    $PANW
    Computer peripheral equipment
    Technology

    $PANW
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Thorning-Schmidt Helle covered exercise/tax liability with 211 shares, decreasing direct ownership by 3% to 6,598 units (SEC Form 4)

    4 - Palo Alto Networks Inc (0001327567) (Issuer)

    6/2/26 5:00:02 PM ET
    $PANW
    Computer peripheral equipment
    Technology

    Chief Accounting Officer Paul Josh D. sold $313,588 worth of shares (1,100 units at $285.08) as part of a pre-agreed trading plan, decreasing direct ownership by 1% to 81,636 units (SEC Form 4)

    4 - Palo Alto Networks Inc (0001327567) (Issuer)

    6/2/26 5:00:07 PM ET
    $PANW
    Computer peripheral equipment
    Technology

    EVP Chief Product & Tech Ofcr Klarich Lee sold $16,270,352 worth of shares (62,904 units at $258.65) as part of a pre-agreed trading plan, decreasing direct ownership by 21% to 235,983 units (SEC Form 4)

    4 - Palo Alto Networks Inc (0001327567) (Issuer)

    5/27/26 4:30:06 PM ET
    $PANW
    Computer peripheral equipment
    Technology

    $PANW
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    The Company Trying to Make Your AI Data Worthless to Hackers

    VANCOUVER, British Columbia, June 03, 2026 (GLOBE NEWSWIRE) -- USANewsGroup.com News Commentary — The race to secure artificial intelligence just gained a new entrant. KEY TAKEAWAYS Integrated Quantum Technologies (CSE:ICS) (OTCQB:IGCRF) (FSE: Y4G) launched its first commercial product, VEIL™, on the Snowflake AI Data Cloud at Snowflake Summit 26 — the company's highest-profile debut to date.VEIL™ takes a "security by subtraction" approach: it removes personally identifiable information (PII) before data enters machine-learning pipelines, while preserving — and the company says enhancing — the data's analytical value.The launch targets two converging threats at once: AI automating cybera

    6/3/26 1:44:26 PM ET
    $ARQQ
    $CRWD
    $LAES
    Computer Software: Prepackaged Software
    Technology
    Semiconductors
    Computer peripheral equipment

    Palo Alto Networks Reports Fiscal Third Quarter 2026 Financial Results

    SANTA CLARA, Calif., June 2, 2026 /PRNewswire/ -- Palo Alto Networks (NASDAQ:PANW), the global cybersecurity leader, announced today financial results for its fiscal third quarter 2026, ended April 30, 2026."Q3 was a standout quarter for Palo Alto Networks, with accelerating organic bookings growth as customers turn to us to secure their AI deployments at scale," said Nikesh Arora, chairman and chief executive officer of Palo Alto Networks. "The latest advancements at the AI frontier have increased the level of urgency around cybersecurity, and redefined the shape of the industry for the coming years.""Our Q3 results reflect strong growth across each of our platforms as we scale. We are exec

    6/2/26 4:05:00 PM ET
    $PANW
    Computer peripheral equipment
    Technology

    A Microcap Just Staked a Claim in the AI Agent Security Land Grab

    Issued on behalf of Integrated Cyber Solutions Inc. dba Integrated Quantum Technologies (CSE:ICS) (OTCQB:IGCRF) (FSE: Y4G)As enterprises rush to deploy autonomous AI agents, a new security problem is emerging that the old cybersecurity playbook wasn't built for — and a small Vancouver-based company just put a flag in the ground with a framework called MASQ.USA News Group News Commentary NEW YORK, May 29, 2026 /CNW/ -- Every few years, enterprise technology produces a category that didn't exist the year before. In 2026, that category is AI agent security. Autonomous AI agents — software that can reason, make decisions, and take actions across a company's systems without a human pressing every

    5/29/26 9:48:00 AM ET
    $CRWD
    $OKTA
    $PANW
    Computer Software: Prepackaged Software
    Technology
    Computer peripheral equipment

    $PANW
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G/A filed by Palo Alto Networks Inc. (Amendment)

    SC 13G/A - Palo Alto Networks Inc (0001327567) (Subject)

    2/10/22 8:32:46 AM ET
    $PANW
    Computer peripheral equipment
    Technology

    SEC Form SC 13G/A filed

    SC 13G/A - Palo Alto Networks Inc (0001327567) (Subject)

    2/10/21 11:40:09 AM ET
    $PANW
    Computer peripheral equipment
    Technology

    $PANW
    Leadership Updates

    Live Leadership Updates

    View All

    Palo Alto Networks Appoints Mark Goodburn to Board of Directors; Announces Retirement of Director Mary Pat McCarthy

    SANTA CLARA, Calif., Nov. 19, 2025 /PRNewswire/ -- Palo Alto Networks® (NASDAQ:PANW), the global cybersecurity leader, today announced the appointment of Mark Goodburn to the company's board of directors. The company also announced the retirement of Mary Pat McCarthy, one of its longest-serving board members, effective January 23, 2026. Nikesh Arora, chairman and CEO, Palo Alto Networks "We are delighted to welcome Mark to our Board of Directors as we continue to execute on our strategy and drive growth. Mark is a respected leader with decades of experience in global advisory, technology, and innovation, and his insights will be invaluable to us. And on behalf of Palo Alto Networks and our b

    11/19/25 4:10:00 PM ET
    $PANW
    Computer peripheral equipment
    Technology

    Palo Alto Networks Reports Fiscal First Quarter 2026 Financial Results

    Fiscal first quarter revenue grew 16% year over year to $2.5 billion.Next-Generation Security ARR grew 29% year over year to $5.9 billion.Remaining performance obligation grew 24% year over year to $15.5 billion.SANTA CLARA, Calif., Nov. 19, 2025 /PRNewswire/ -- Palo Alto Networks (NASDAQ:PANW), the global cybersecurity leader, announced today financial results for its fiscal first quarter 2026, ended October 31, 2025. Total revenue for the fiscal first quarter 2026 grew 16% year over year to $2.5 billion, compared with total revenue of $2.1 billion for the fiscal first quarter 2025. GAAP net income for the fiscal first quarter 2026 was $334 million, or $0.47 per diluted share, compared with

    11/19/25 4:10:00 PM ET
    $PANW
    Computer peripheral equipment
    Technology

    Palo Alto Networks Announces Retirement of Nir Zuk, Founder and CTO

    Taps founding team member and longtime product chief Lee Klarich as CTO and Board Member to succeed Zuk SANTA CLARA, Calif., Aug. 18, 2025 /PRNewswire/ -- Palo Alto Networks® (NASDAQ:PANW), the global cybersecurity leader, today announced that Nir Zuk, its founder, Chief Technology Officer (CTO), and board member, has retired after more than 20 years of contributing to the company's success. Lee Klarich, Chief Product Officer (CPO), has been appointed to the company's Board of Directors and has also assumed the role of CTO to continue the company's leadership in AI and platformization and deliver the real-time, AI-driven security customers required to enable their digital and AI transformat

    8/18/25 4:05:00 PM ET
    $PANW
    Computer peripheral equipment
    Technology

    $PANW
    Financials

    Live finance-specific insights

    View All

    JVP Marks Strong Q1 2026 with Four Strategic Exits

    Latest acquisitions across Cybersecurity and Vertical AI underscore JVP's long-term investment model and leadership in building international category leading companies.JERUSALEM, May 26, 2026 /PRNewswire/ -- JVP, a leading international venture capital firm, today announced a strong first quarter of 2026, marked by four significant portfolio company exits spanning cybersecurity and vertical AI. The deals highlight JVP's continued ability to identify, build, and scale category-defining companies, and reflect the strength and maturity of its investment platform across key sectors.

    5/26/26 12:39:00 PM ET
    $CCOI
    $CYBR
    $PANW
    Telecommunications Equipment
    Consumer Discretionary
    Computer Software: Prepackaged Software
    Technology

    AI-Enabled Cyberespionage Is a National Security Threat. Integrated Cyber Solutions Has an Answer

    Issued on behalf of Integrated Cyber Solutions Inc.As Chinese state-sponsored actors weaponize frontier AI against U.S. enterprises and Washington reframes data exposure as a national security problem, Integrated Cyber Solutions Inc. (dba Integrated Quantum Technologies) has published an updated white paper reporting 95%+ compression of sensitive data — removing it from the AI attack surface entirely while maintaining model performance across healthcare, financial services and enterprise-scale environments.NEW YORK, May 26, 2026 /CNW/ -- Equity Insider News Commentary — In November 2025, Anthropic disclosed that Chinese state-sponsored actors had used its Claude model to run a largely automa

    5/26/26 10:06:00 AM ET
    $ARQQ
    $LAES
    $PANW
    Computer Software: Prepackaged Software
    Technology
    Semiconductors
    Computer peripheral equipment

    IBM and Palo Alto Networks Find Platformization is Key to Reduce Cybersecurity Complexity

    Global survey reveals 75% of surveyed organizations pursuing a consolidated approach to security agree better integration across security, hybrid cloud, AI and other technology platforms is crucial ARMONK, N.Y. and SANTA CLARA, Calif., Jan. 28, 2025 /PRNewswire/ -- New global research from the IBM (NYSE: IBM) Institute for Business Value (IBV) and Palo Alto Networks® (NASDAQ:PANW), found that surveyed organizations are facing security complexity challenges as they juggle an average of 83 different security solutions from 29 vendors. It also shows 7 out of 10 surveyed companies with a high degree of security platformization report their cybersecurity investments have helped business outcomes

    1/28/25 8:00:00 AM ET
    $IBM
    $PANW
    Computer Manufacturing
    Technology
    Computer peripheral equipment