PANW · All filings · Read this filing
What changed 10-Q
Item 3. Quantitative and Qualitative Disclosures About Market Risk
2026-06-03 compared with 2026-02-18 · 1 added, 1 removed, 9 unchanged (18% of the section changed)
6 unchanged sentences
To assess the interest rate risk, we performed a sensitivity analysis to determine the impact a change in interest rates would have on the value of the investment portfolio.
−Removed: Based on investment positions as of January 31, 2026, a hypothetical 100 basis point increase in interest rates across all maturities would result in a $81 million decline in the fair market value of the portfolio.
+Added: Based on investment positions as of April 30, 2026, a hypothetical 100 basis point increase in interest rates across all maturities would result in a $96 million decline in the fair market value of the portfolio.
Such losses would only be realized if we sold the investments prior to maturity.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.