Palo Alto Networks Inc

Palo Alto Networks Inc

PANW · NASDAQ · Technology / Software - Infrastructure

322.24USD-0.42 (-0.13%)

Price History

Full chart

Market Stats

Previous Close322.66
Open330.51
Day Range314.86 – 332.00
52-Week Range139.57 – 432.33
Volume5.31M
Market Cap319.40B
P/E (TTM)976.15
Forward P/E90.91
EPS0.40
Dividend Yield0.00%
Beta0.93
50-Day Avg370.48
200-Day Avg265.90

About

Palo Alto Networks, Inc. provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers Prisma Access, a secure access service edge solution; Strata Cloud Manager, a network security management solution; and Prisma AIRS to protect customers' entire AI ecosystem. It provides a comprehensive cloud native application protection platform; and Code to Cloud platform, as well as offers VM-Series and CN-Series virtual firewalls for inline network security on multi- and hybrid-cloud environments. It provides security operation solutions through the Cortex platform that includes Cortex XSIAM, an AI-driven security operations platform; Cortex XDR to prevent, detect, and respond to cybersecurity attacks; and Cortex XSOAR for security orchestration, automation, and response; and Cortex Xpanse for attack surface management, as well as offers threat intelligence and advisory services under the Unit 42 name. It provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline; and threat intelligence, data loss prevention, services to resolve network disruptions, and sensitive data protection. It offers professional services, including architecture design and planning, implementation, configuration, and firewall migration; education services, such as certifications, as well as online and in-classroom training; and support services. It sells its products and services through its channel partners, as well as directly to enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. The company was incorporated in 2005 and is headquartered in Santa Clara, California.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Nikesh Arora C.F.A.
  • Employees21.92K
  • Headquarters3000 Tannery Way, Santa Clara, CA, United States, 95054, USA
  • Websitehttps://www.paloaltonetworks.com

Leadership

  • Mr. Nikesh Arora C.F.A.Chairman & CEO · b. 1968
  • Mr. William D. Jenkins Jr.President · b. 1966
  • Mr. Dipak GolechhaExecutive VP & CFO · b. 1974
  • Mr. Lee KlarichExecutive VP, Chief Product Officer, CTO & Director · b. 1975
  • Mr. Yuming MaoFounder & Chief Architect
  • Mr. Josh D. PaulSenior VP & Chief Accounting Officer · b. 1976
  • Ms. Meerah RajavelChief Information Officer · b. 1972
  • Mr. Hamza FodderwalaSenior VP of Investor Relations & Strategic Finance
  • Mr. Bruce R. ByrdExecutive VP, General Counsel & Corporate Secretary
  • Nicole HockinVice President of Global Communications

Financials

Income Statement

Currency: USD2009-07-312010-07-312011-07-312012-07-312013-07-312014-07-312015-07-312016-07-312017-07-312018-07-312019-07-312020-07-312021-07-312022-07-312023-07-312024-07-312025-07-312026-07-31
Total Revenue13.35M48.78M118.60M255.14M396.11M598.18M928.05M1.38B1.76B2.27B2.90B3.41B4.26B5.50B6.89B8.03B9.22B11.48B
Growth (%)-+265.35%+143.12%+115.13%+55.25%+51.01%+55.15%+48.54%+27.79%+29.04%+27.56%+17.55%+24.87%+29.26%+25.29%+16.46%+14.87%+24.49%
Cost of Revenue6.28M15.63M32.27M70.55M109.76M159.63M251.50M370.00M476.60M645.30M808.40M999.50M1.27B1.72B1.91B2.06B2.45B3.40B
Gross Profit7.08M33.15M86.32M184.59M286.35M438.55M676.55M1.01B1.28B1.63B2.09B2.41B2.98B3.78B4.98B5.97B6.77B8.08B
Gross Margin53.00%67.95%72.79%72.35%72.29%73.31%72.90%73.16%72.95%71.61%72.12%70.68%70.05%68.76%72.29%74.35%73.41%70.36%
Operating Expense26.12M53.80M96.73M180.69M304.97M653.85M776.35M1.17B1.45B1.73B2.15B2.59B3.29B3.97B4.60B5.28B5.53B7.38B
Operating Income-19.04M-20.66M-10.40M3.89M-18.62M-215.30M-99.80M-157.30M-165.80M-104.20M-54.10M-179.00M-304.10M-188.80M387.30M683.90M1.24B695.00M
Operating Margin-142.60%-42.35%-8.77%1.53%-4.70%-35.99%-10.75%-11.41%-9.41%-4.58%-1.87%-5.25%-7.15%-3.43%5.62%8.52%13.48%6.05%
EBITDA-17.86M-19.53M-8.21M8.97M-8.69M-200.90M-70.70M-106.10M-95.80M20.70M163.10M59.50M-46.60M95.60M869.00M1.28B1.94B536.00M
EBITDA Margin-133.76%-40.04%-6.93%3.52%-2.19%-33.59%-7.62%-7.70%-5.44%0.91%5.62%1.75%-1.09%1.74%12.61%15.90%21.05%4.67%
Net Income-19.00M-21.13M-12.53M737.00K-29.25M-226.45M-164.98M-225.90M-216.60M-147.90M-81.90M-267.00M-498.90M-267.00M439.70M2.58B1.13B307.00M
Net Income Margin-142.34%-43.32%-10.56%0.29%-7.38%-37.86%-17.78%-16.39%-12.30%-6.51%-2.82%-7.83%-11.72%-4.85%6.38%32.11%12.30%2.67%
R&D8.21M12.79M21.37M38.57M62.48M104.81M185.83M284.20M347.40M400.70M539.50M768.10M1.14B1.42B1.60B1.81B1.98B2.55B
R&D as % of Total Revenue61.47%26.21%18.02%15.12%15.77%17.52%20.02%20.62%19.72%17.63%18.61%22.54%26.79%25.77%23.27%22.54%21.52%22.23%
Interest Expense47.00K420.00K1.65M2.20M35.00K1.88M22.32M23.40M24.50M29.60M83.90M88.70M163.30M27.40M27.20M8.30M3.00M0
Interest Expense % of Total Revenue0.35%0.86%1.39%0.86%0.01%0.31%2.41%1.70%1.39%1.30%2.89%2.60%3.84%0.50%0.39%0.10%0.03%0.00%

Balance Sheet

Currency: USD2009-07-312010-07-312011-07-312012-07-312013-07-312014-07-312015-07-312016-07-312017-07-312018-07-312019-07-312020-07-312021-07-312022-07-312023-07-312024-07-312025-07-312026-07-31
Total Assets-38.12M91.17M407.80M585.61M1.48B1.97B2.76B3.44B5.82B6.59B9.07B10.24B12.25B14.50B19.99B23.58B48.46B
Total Liabilities-103.77M162.63M178.73M313.19M1.01B1.39B1.97B2.68B4.83B5.01B7.96B9.48B12.04B12.75B14.82B15.75B20.97B
Total Equity--65.65M-71.45M229.07M272.42M468.58M575.82M789.90M759.60M988.30M1.59B1.10B763.60M210.00M1.75B5.17B7.82B27.49B
Cash-18.84M40.52M322.64M310.61M653.81M375.81M734.40M744.30M2.51B961.40M2.96B1.87B2.12B1.14B1.54B2.27B2.51B
Total Debt-----527.81M487.08M1.01B524.70M1.92B1.43B3.42B3.54B3.95B2.27B1.41B338.20M2.50B
Net Debt--18.84M-40.52M-322.64M-310.61M-186.94M111.27M-226.20M-219.60M-586.80M468.60M462.70M1.67B1.83B1.14B-136.50M-1.93B-14.00M

Cash Flow

Currency: USD2009-07-312010-07-312011-07-312012-07-312013-07-312014-07-312015-07-312016-07-312017-07-312018-07-312019-07-312020-07-312021-07-312022-07-312023-07-312024-07-312025-07-312026-07-31
Operating Cash Flow-13.52M-2.68M32.10M77.37M114.52M88.41M350.30M658.10M868.50M1.04B1.06B1.04B1.50B1.98B2.78B3.26B3.72B4.55B
Investing Cash Flow-1.04M-1.69M-13.00M-14.56M-151.56M-320.35M-679.01M-338.90M-472.60M-520.00M-1.83B288.00M-1.48B-933.40M-2.03B-1.51B-2.20B-3.10B
Financing Cash Flow34.64M1.84M2.58M219.32M25.02M575.14M50.70M39.40M-386.00M1.25B-773.90M673.00M-1.10B-806.60M-1.73B-1.34B-778.90M-1.20B
Capital Expenditure1.04M1.69M13.00M14.56M22.44M36.11M33.83M72.50M163.40M112.00M131.20M214.40M116.00M192.80M146.30M156.80M246.20M440.00M
Free Cash Flow-14.57M-4.37M19.10M62.80M92.08M52.30M316.48M585.60M705.10M925.00M924.40M821.30M1.39B1.79B2.63B3.10B3.47B4.11B
Dividends Paid----00000071.70M2.27B104.00M136.60M258.80M---
FCF to OCF107.73%162.80%59.50%81.17%80.40%59.16%90.34%88.98%81.19%89.20%87.57%79.30%92.28%90.29%94.73%95.19%93.37%90.34%
Dividend Paid to FCF----0.00%0.00%0.00%0.00%0.00%0.00%7.76%275.89%7.50%7.62%9.84%---

Earnings

Report DateSep 10, 2012Dec 6, 2012Feb 28, 2013May 30, 2013Sep 9, 2013Nov 25, 2013Feb 24, 2014May 28, 2014Sep 9, 2014Nov 24, 2014Mar 2, 2015May 27, 2015Sep 9, 2015Nov 23, 2015Feb 25, 2016May 26, 2016Aug 30, 2016Nov 21, 2016Feb 28, 2017May 31, 2017Aug 31, 2017Nov 20, 2017Feb 26, 2018Jun 4, 2018Sep 6, 2018Nov 29, 2018Feb 26, 2019May 29, 2019Sep 4, 2019Nov 25, 2019Feb 24, 2020May 21, 2020Aug 24, 2020Nov 16, 2020Feb 22, 2021May 20, 2021Aug 23, 2021Nov 18, 2021Feb 22, 2022May 19, 2022Aug 22, 2022Nov 17, 2022Feb 21, 2023May 23, 2023Aug 18, 2023Nov 15, 2023Feb 20, 2024May 20, 2024Aug 19, 2024Nov 20, 2024Feb 13, 2025May 20, 2025Aug 18, 2025Nov 19, 2025Feb 17, 2026Jun 2, 2026Sep 1, 2026Nov 18, 2026
EPS Estimate-0.010.010.010.010.010.010.020.040.020.030.030.080.050.060.070.080.090.100.090.130.110.130.160.190.180.200.210.240.170.190.160.230.220.240.210.240.260.270.280.380.340.390.460.640.580.650.620.710.740.780.770.500.890.940.430.510.52
EPS Actual0.010.010.010.010.010.010.020.020.040.030.030.040.090.060.070.070.080.090.110.100.150.120.140.170.210.200.250.220.250.180.200.200.250.270.260.230.270.270.290.300.400.420.530.520.720.690.730.660.760.780.810.800.420.931.030.320.53-
Surprise-0.00%0.00%0.00%0.00%0.00%100.00%0.00%0.00%50.00%0.00%33.33%12.50%20.00%16.67%0.00%0.00%0.00%10.00%11.11%15.38%9.09%7.69%6.25%10.53%11.11%25.00%4.76%4.17%5.88%5.26%25.00%8.70%22.73%8.33%9.52%12.50%3.85%7.41%7.14%5.26%23.53%35.90%13.04%12.50%18.97%12.31%6.45%7.04%5.41%3.85%3.90%-16.00%4.49%9.57%-25.58%3.92%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap319.40B
Enterprise Value310.72B
Trailing P/E976.15
Forward P/E90.91
PEG Ratio1.94
Price / Sales27.82
Price / Book11.32
EPS0.40
Book Value33.73
Revenue (TTM)11.48B
Gross Profit (TTM)8.08B
EBITDA1.56B
Profit Margin2.67%
Operating Margin5.40%
Return on Equity1.74%
Return on Assets1.40%
Shares Outstanding818.00M
Shares Float811.37M
Beta0.93
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 55 analystsTarget 398.52
  • Strong Buy
    32
  • Buy
    10
  • Hold
    12
  • Strong Sell
    1

Ownership Breakdown

Institutions
84.18%
Insiders
0.75%
Retail / Other
15.07%

Top Institutional Holders

  • BlackRock Inc
    75.75M9.26%
  • Vanguard Capital Management, LLC
    53.13M6.50%
  • State Street Corp
    36.98M4.52%
  • Morgan Stanley - Brokerage Accounts
    29.45M3.60%
  • Amvescap Plc.
    25.65M3.14%
  • Bank of America Corp
    22.68M2.77%
  • JPMorgan Chase & Co
    21.72M2.65%
  • FMR Inc
    20.05M2.45%
  • Geode Capital Management, LLC
    19.62M2.40%
  • Vanguard Portfolio Management, LLC
    19.35M2.37%
  • NORGES BANK
    9.75M1.19%
  • Nuveen, LLC
    9.01M1.10%
  • UBS Asset Mgmt Americas Inc
    8.78M1.07%
  • Northern Trust Corp
    8.76M1.07%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    25.87M3.16%
  • Vanguard 500 Index Investor
    21.41M2.62%
  • Invesco QQQ Trust
    17.02M2.08%
  • iShares Core S&P 500 ETF
    10.86M1.33%
  • Fidelity 500 Index
    10.53M1.29%
  • State Street® SPDR® S&P 500® ETF
    10.00M1.22%

Stock Splits

  • Dec 16, 20242:1
  • Sep 14, 20223:1