Palo Alto Networks, Inc. (PANW)

Last Price$182.3(0.9%)

Market Cap$120.2B

LTM Revenue

$8,570.5M

+13.9% YoY

LTM Net Income

$1,254.5M

-44.9% YoY

LTM Net Debt

($2,336.1M)

Net Debt to FCF - (0.8x)

LTM Free Cash Flow (FCF)

$3,023.3M

35.3% margin

PANW Income Statement

PANW Income Statement Overview

Annual

Quarterly

LTM

Jul'15

Jul'16

Jul'17

Jul'18

Jul'19

Jul'20

Jul'21

Jul'22

Jul'23

Jul'24

Revenue

$8,027.5M 16.5% YoY

Gross profit

$5,968.3M 19.8% YoY

74.3% margin

Cost of revenue

$2,059.2M 7.8% YoY

Operating income

$683.9M 76.6% YoY

8.5% margin

Other: $5,200.0K

Net interest: $309.6M

Operating expenses

$5,284.4M 15.0% YoY

Pre-tax income

$988.3M 74.5% YoY

12.3% margin

Net income

$2,577.6M 486.2% YoY

32.1% margin

R&D

$1,809.4M 12.8% YoY

22.5% of revenue

SG&A

$3,475.0M 16.2% YoY

43.3% of revenue

PANW Income statement key metrics

Annual

Quarterly

LTM

Revenue

$8,027.5M +16.5% YoY

Operating Income

$683.9M +76.6% YoY

Net Income

$2,577.6M +486.2% YoY

PANW Balance Sheet

PANW Balance Sheet Overview

Annual

Quarterly

LTM

Jul'15

Jul'16

Jul'17

Jul'18

Jul'19

Jul'20

Jul'21

Jul'22

Jul'23

Jul'24

Assets

Liabilities

Total assets

$20.0B

Current assets ($6,849.7M, 34.3% of total)

Cash & ST investments

$2,578.8M (12.9%)

Accounts receivables

$3,344.5M (16.7%)

Other current assets

$926.4M (4.6%)

Non-current assets ($13.1B, 65.7% of total)

Long-term investments

$4,173.2M (20.9%)

Property, Plan and Equipment

$747.0M (3.7%)

Intangible assets

$374.9M (1.9%)

Other non-current assets

$7,846.1M (39.2%)

Financial position

Net Debt

($1,120.5M)

Cash & Short-term Investments

Total Debt

Quick ratio

0.8x

Net Debt to Free Cash Flow

(0.4x)

Debt to Equity ratio

28.2%

PANW Balance Sheet Metrics

Annual

Quarterly

LTM

Assets

$20.0B +37.9% YoY

Liabilities

$14.8B +16.2% YoY

Shareholder's Equity

$5,169.7M +195.7% YoY

PANW Cash Flow Statement

PANW Cash Flow Statement Overview

Annual

Quarterly

LTM

Jul'15

Jul'16

Jul'17

Jul'18

Jul'19

Jul'20

Jul'21

Jul'22

Jul'23

Jul'24

$404.6M Net Change in Cash

PANW Cash Flow Statement key metrics

Annual

Quarterly

LTM

Operating Cash Flow (OCF)

$3,257.6M +17.3% YoY

Capital Expenditure (CAPEX)

($156.8M) +7.2% YoY

Free Cash Flow (FCF)

$3,100.8M +17.8% YoY

PANW Financials

USD

Millions

Billions

Annual

Quarterly

Trailing

Key stats

Income statement

Balance sheet

Cash Flow Statement

Valuation

Ratios

Per share

Per employee

Dividends & Yields

	Jul'09	Jul'10	Jul'11	Jul'12	Jul'13	Jul'14	Jul'15	Jul'16	Jul'17	Jul'18	Jul'19	Jul'20	Jul'21	Jul'22	Jul'23	Jul'24
Revenue % growth	13.4 0.0%	48.8 265.4%	118.6 143.1%	255.1 115.1%	396.1 55.3%	598.2 51.0%	928.1 55.1%	1,378.5 48.5%	1,761.6 27.8%	2,273.1 29.0%	2,899.6 27.6%	3,408.4 17.5%	4,256.1 24.9%	5,501.5 29.3%	6,892.7 25.3%	8,027.5 16.5%
Cost of Goods Sold (COGS)	6.3	15.6	32.3	70.6	109.8	159.6	251.5	370.0	476.6	645.3	808.4	999.5	1,274.9	1,718.7	1,909.7	2,059.2
Gross Profit % margin	7.1 53.0%	33.1 68.0%	86.3 72.8%	184.6 72.3%	286.4 72.3%	438.6 73.3%	676.6 72.9%	1,008.5 73.2%	1,285.0 72.9%	1,627.8 71.6%	2,091.2 72.1%	2,408.9 70.7%	2,981.2 70.0%	3,782.8 68.8%	4,983.0 72.3%	5,968.3 74.3%
Operating Expenses	26.1	53.8	96.7	180.7	305.0	512.7	810.1	1,198.6	1,464.8	1,756.9	2,145.3	2,587.9	3,285.3	3,971.6	4,595.7	5,284.4
Research & Development Expenses (R&D)	8.2	12.8	21.4	38.6	62.5	104.8	185.8	284.2	347.4	400.7	539.5	768.1	1,140.4	1,417.7	1,604.0	1,809.4
Selling, General & Administrative Expenses (SG&A)	17.9	41.0	75.4	142.1	242.5	407.9	624.3	914.4	1,117.4	1,356.2	1,605.8	1,819.8	2,144.9	2,553.9	2,991.7	3,475.0
Operating Income % margin	(19.0) (142.6%)	(20.7) (42.3%)	(10.4) (8.8%)	3.9 1.5%	(18.6) (4.7%)	(215.3) (36.0%)	(133.5) (14.4%)	(190.1) (13.8%)	(179.8) (10.2%)	(129.1) (5.7%)	(144.5) (5.0%)	(179.0) (5.3%)	(304.1) (7.1%)	(188.8) (3.4%)	387.3 5.6%	683.9 8.5%
Interest Income	0.1	0.0	0.0	0.0	0.5	0.0	3.9	8.8	14.7	27.1	69.8	41.4	8.5	15.6	224.4	317.9
Interest Expense	0.0	0.4	1.6	2.2	0.0	1.9	22.3	23.4	24.5	29.6	83.9	88.7	163.3	27.4	27.2	8.3
Pre-tax Income	(19.0)	(21.1)	(12.1)	2.8	(18.7)	(222.2)	(155.6)	(205.1)	(194.1)	(130.2)	(74.6)	(231.8)	(465.0)	(207.2)	566.3	988.3
Income Tax % effective tax rate	0.0 (0.1%)	0.1 (0.3%)	0.5 (3.9%)	2.1 73.7%	10.6 (56.8%)	4.3 (1.9%)	9.4 (6.0%)	20.8 (10.1%)	22.5 (11.6%)	17.7 (13.6%)	7.3 (9.8%)	35.2 (15.2%)	33.9 (7.3%)	59.8 (28.9%)	126.6 22.4%	(1,589.3) (160.8%)
Net Income % margin	(19.0) (142.3%)	(21.1) (43.3%)	(12.5) (10.6%)	0.7 0.3%	(29.2) (7.4%)	(226.5) (37.9%)	(165.0) (17.8%)	(225.9) (16.4%)	(216.6) (12.3%)	(147.9) (6.5%)	(81.9) (2.8%)	(267.0) (7.8%)	(498.9) (11.7%)	(267.0) (4.9%)	439.7 6.4%	2,577.6 32.1%
EPS	(0.06)	(0.07)	(0.04)	0.01	(0.07)	(0.51)	(0.34)	(0.43)	(0.40)	(0.27)	(0.15)	(0.46)	(0.87)	(0.45)	0.73	4.04
Diluted EPS	(0.06)	(0.07)	(0.03)	0.01	(0.07)	(0.51)	(0.34)	(0.43)	(0.40)	(0.27)	(0.15)	(0.46)	(0.87)	(0.45)	0.64	3.64
EBITDA % margin	(17.9) (133.8%)	(19.5) (40.0%)	(8.2) (6.9%)	8.9 3.5%	(8.7) (2.2%)	(203.3) (34.0%)	(70.9) (7.6%)	(106.4) (7.7%)	(111.2) (6.3%)	15.3 0.7%	149.1 5.1%	364.8 10.7%	(46.6) (1.1%)	95.6 1.7%	387.3 5.6%	1,279.9 15.9%

FAQ

What is the Palo Alto Networks, Inc. (PANW) revenue?

The Palo Alto Networks, Inc. (PANW) revenue is $8,027.5M, reflecting a year-over-year (YoY) growth of +16.5% YoY.

PANW Income Statement

PANW Income Statement Overview

PANW Income statement key metrics

PANW Balance Sheet

PANW Balance Sheet Overview

PANW Balance Sheet Metrics

PANW Cash Flow Statement

PANW Cash Flow Statement Overview

PANW Cash Flow Statement key metrics

PANW Financials

FAQ

What is the Palo Alto Networks, Inc. (PANW) revenue?

What is the Palo Alto Networks, Inc. (PANW) Net Income?

What is Palo Alto Networks, Inc. (PANW) net debt?

What is the Palo Alto Networks, Inc. (PANW) Free Cash Flow (FCF)?