Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Palo Alto Networks Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021	Jul 31, 2020	Jul 31, 2019
Accounts payable	116,300)	132,300)	128,000)	56,900)	63,600)	73,300)
Accrued compensation	554,700)	548,300)	461,100)	430,600)	322,200)	235,500)
Accrued and other liabilities	506,700)	390,800)	399,200)	329,400)	256,800)	162,400)
Deferred revenue	5,541,100)	4,674,600)	3,641,200)	2,741,900)	2,049,100)	1,582,100)
Current portion of convertible senior notes, net	963,900)	1,991,500)	3,676,800)	1,557,900)	—)	—)
Current liabilities	7,682,700)	7,737,500)	8,306,300)	5,116,700)	2,691,700)	2,053,300)
Convertible senior notes, net, excluding current portion	—)	—)	—)	1,668,100)	3,084,100)	1,430,000)
Long-term deferred revenue	5,939,400)	4,621,800)	3,352,800)	2,282,100)	1,761,100)	1,306,600)
Deferred tax liabilities	387,700)	28,100)	—)	—)	—)	—)
Long-term operating lease liabilities	380,500)	279,200)	276,100)	313,400)	336,600)	—)
Other long-term liabilities	430,900)	86,100)	108,400)	97,700)	90,100)	216,000)
Long-term liabilities	7,138,500)	5,015,200)	3,737,300)	4,361,300)	5,271,900)	2,952,600)
Total liabilities	14,821,200)	12,752,700)	12,043,600)	9,478,000)	7,963,600)	5,005,900)
Temporary equity	—)	—)	—)	129,100)	—)	—)
Preferred stock; $0.0001 par value; none issued and outstanding	—)	—)	—)	—)	—)	—)
Common stock and additional paid-in capital; $0.0001 par value	3,821,100)	3,019,000)	1,932,700)	2,311,200)	2,259,200)	2,490,900)
Accumulated other comprehensive income (loss)	(1,600)	(43,200)	(55,600)	(9,900)	10,500)	(3,700)
Retained earnings (accumulated deficit)	1,350,200)	(1,227,400)	(1,667,100)	(1,666,800)	(1,167,900)	(900,900)
Stockholders’ equity	5,169,700)	1,748,400)	210,000)	634,500)	1,101,800)	1,586,300)
Total liabilities, temporary equity and stockholders’ equity	19,990,900)	14,501,100)	12,253,600)	10,241,600)	9,065,400)	6,592,200)

Based on: 10-K (reporting date: 2024-07-31), 10-K (reporting date: 2023-07-31), 10-K (reporting date: 2022-07-31), 10-K (reporting date: 2021-07-31), 10-K (reporting date: 2020-07-31), 10-K (reporting date: 2019-07-31).

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Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Palo Alto Networks Inc. current liabilities decreased from 2022 to 2023 and from 2023 to 2024.
Long-term liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Palo Alto Networks Inc. long-term liabilities increased from 2022 to 2023 and from 2023 to 2024.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Palo Alto Networks Inc. total liabilities increased from 2022 to 2023 and from 2023 to 2024.
Stockholders’ equity	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Palo Alto Networks Inc. stockholders’ equity increased from 2022 to 2023 and from 2023 to 2024.

Palo Alto Networks Inc. (NASDAQ:PANW)

Balance Sheet: Liabilities and Stockholders’ Equity