OverviewSuggest Edit

Palo Alto Networks is a provider of cybersecurity solutions that protect organizations across clouds, networks, and mobile devices. Its flagship platforms, including Strata, Prisma, and Cortex, are used in a variety of security applications, such as data protection, IoT security, secure 5G, cloud network security, cloud workload protection, endpoint protection, orchestration and automation, detection and response, etc. The company serves the government, financial services, healthcare, education, manufacturing, oil and gas, utilities, retail, and other industries.

TypePublic
Founded2005
HQSanta Clara, CA, US
Websitepaloaltonetworks.com
Employee Ratings3.9
Overall CultureA

Latest Updates

Employees (est.) (Jan 2021)9,038(+8%)
Job Openings1,479
Revenue (FY, 2020)$3.4 B(+18%)
Share Price (Jul 2021)$399
Cybersecurity ratingBMore

Key People/Management at Palo Alto Networks

Nikesh Arora

Nikesh Arora

Chief Executive Officer and Chairman
Amit Singh

Amit Singh

President
Lee Klarich

Lee Klarich

Chief Product Officer
Nir Zuk

Nir Zuk

Founder and Chief Technology Officer
Jean Compeau

Jean Compeau

Chief Accounting Officer
Liane Hornsey

Liane Hornsey

Chief People Officer
Show more

Palo Alto Networks Office Locations

Palo Alto Networks has offices in Santa Clara, New York, Plano, Reston and in 51 other locations
Santa Clara, CA, US (HQ)
3000 Tannery Way
New York, NY, US
350 5th Ave 40th Floor, Suite 4010
Plano, TX, US
3901 Dallas Pkwy
Reston, VA, US
12110 Sunset Hills Rd #200Reston
Abbotsford, AU
16/71 Victoria Cres
Adelaide, AU
5 Peel St
Show all (58)

Palo Alto Networks Financials and Metrics

Palo Alto Networks Revenue

Embed Graph
View revenue for all periods
Palo Alto Networks's revenue was reported to be $3.41 b in FY, 2020 which is a 17.5% increase from the previous period.
USD

Revenue (Q3, 2021)

288.9m

Gross profit (Q3, 2021)

207.0m

Gross profit margin (Q3, 2021), %

71.7%

Market capitalization (30-Jul-2021)

38.9b

Closing stock price (30-Jul-2021)

399.0

Cash (30-Apr-2021)

1.9b

EV

40.5b
Palo Alto Networks's current market capitalization is $38.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

2.3b2.9b3.4b

Revenue growth, %

29%28%18%

Cost of goods sold

645.3m808.4m999.5m

Gross profit

1.6b2.1b2.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

656.0m711.2m726.6m771.9m816.7m869.4m946.0m1.0b288.9m

Cost of goods sold

183.5m202.6m204.9m217.7m233.1m258.3m277.8m307.6m81.9m

Gross profit

472.5m508.6m521.7m554.2m583.6m611.1m668.2m709.3m207.0m

Gross profit Margin, %

72%72%72%72%71%70%71%70%72%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

2.5b961.4m3.0b

Accounts Receivable

467.3m582.4m1.0b

Prepaid Expenses

261.3m279.3m344.3m

Current Assets

4.1b3.7b5.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

1.8b1.1b1.3b1.3b2.0b1.5b2.1b2.1b1.9b

Accounts Receivable

382.3m415.0m407.5m499.2m540.3m668.8m675.5m669.2m766.8m

Prepaid Expenses

229.1m242.5m261.9m289.4m304.0m306.4m407.8m435.4m428.7m

Current Assets

3.8b3.5b3.7b3.6b4.0b3.0b4.3b4.3b4.1b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(147.9m)(81.9m)(267.0m)

Depreciation and Amortization

96.4m153.8m206.1m

Accounts Payable

3.7m32.3m(12.8m)

Cash From Operating Activities

1.0b1.1b1.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(38.3m)(40.9m)(61.1m)(59.6m)133.3m(208.1m)(92.2m)(234.5m)(379.6m)

Depreciation and Amortization

32.5m71.3m111.6m44.0m92.4m145.6m58.0m122.9m191.6m

Accounts Payable

(800.0k)(11.2m)23.2m(2.5m)(17.3m)(22.8m)(17.7m)(23.6m)3.4m

Cash From Operating Activities

252.3m527.7m824.1m225.2m532.1m702.0m534.9m899.4m1.2b
USDFY, 2018

EV/EBIT

-138.1 x

EV/CFO

17.2 x

Revenue/Employee

425.0k

Debt/Equity

2 x

Debt/Assets

0.3 x

Financial Leverage

6 x

P/E Ratio

(123.1)
Show all financial metrics

Palo Alto Networks Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Billings

$2.86 b$758.5 m$852.5 m$821.9 m$3.49 b$897.4 m$998.9 m$1.02 b$4.3 b$1.08 b$1.21 b

Countries (Customers)

150150150150150150150150170170170

Customers to Date

54 k75 k80 k

Customers to Date (Network Security)

73 k78 k
Show all operating metrics

Palo Alto Networks Acquisitions / Subsidiaries

Company NameDateDeal Size
BridgecrewMarch 02, 2021$156 m
ExpanseNovember 11, 2020$800 m
The Crypsis GroupAugust 25, 2020$265 m
CloudGenixMarch 31, 2020$420 m
AporetoNovember 25, 2019$150 m
ZingBoxSeptember 04, 2019$75 m
PureSec Pty LtdMay 30, 2019
TwistlockMay 28, 2019$410 m
Cortex XSOARFebruary 19, 2019$560 m
Demisto (UK) LimitedFebruary 19, 2019$560 m
Show more

Palo Alto Networks Revenue Breakdown

Embed Graph

Palo Alto Networks revenue breakdown by business segment: 31.2% from Product and 68.8% from Subscription and Support

Palo Alto Networks revenue breakdown by geographic segment: 12.2% from APAC, 68.3% from Americas and 19.5% from EMEA

Human Capital Metrics

Embed Graph
Show all human capital metrics

Palo Alto Networks Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Palo Alto Networks Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Palo Alto Networks Online and Social Media Presence

Embed Graph

Palo Alto Networks Company Culture

  • Overall Culture

    A

    75/100

  • CEO Rating

    A-

    74/100

  • Compensation

    B+

    76/100

  • Diversity

    A-

    76/100

Learn more on Comparably

Palo Alto Networks News and Updates

Deloitte and Palo Alto Networks Announce Strategic Alliance to Securely Enable Customer Digital Transformation Initiatives

NEW YORK, July 28, 2021 /PRNewswire/ -- Deloitte has just formed a strategic alliance with global cybersecurity leader Palo Alto Networks (NYSE: PANW) to deliver integrated, end-to-end Zero Trust and multi-cloud cybersecurity solutions to their mutual enterprise and government customers....

Europe Cybersecurity Market Report 2021-2027 Featuring Broadcom, Cisco Systems, Check Point Software Technology, IBM Palo Alto Networks

Dublin, July 26, 2021 (GLOBE NEWSWIRE) -- The "Europe Cybersecurity Market, Share by Segment, Component, Country, Company Initiatives, Overview, Sales Analysis, Forecast" report has been added to ResearchAndMarkets.com's offering.

Thinking about trading options or stock in FireEye, Exxon Mobil, JD.Com, Palo Alto Networks, or General Electric?

NEW YORK, July 6, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for FEYE, XOM, JD, PANW, and GE. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Climb Channel Solutions Signs Agreement with Palo Alto Networks to Distribute Best-in-Breed Cybersecurity Solutions

EATONTOWN, N.J., June 03, 2021 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly-owned subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG), announced a new agreement today with global cybersecurity leader, Palo Alto Networks, to distr…

Thinking about trading options or stock in Palo Alto Networks, Cassava Sciences, Tesla, Roku, or NetEase?

NEW YORK, May 21, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PANW, SAVA, TSLA, ROKU, and NTES. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Earnings Results: Palo Alto Networks stock jumps 5.8% as high-profile hacks drive business

Palo Alto Networks Inc. shares rose in the extended session Thursday after the cybersecurity company reported results that topped Wall Street estimates and hiked its outlook for the year.
Show more

Palo Alto Networks Blogs

Google Cloud, Partnered With Palo Alto Networks, Receives US Government Success Memo

The Google Cloud and Palo Alto Networks solution successfully completed the US DIU Secure Cloud Management prototype evaluation. The post Google Cloud, Partnered With Palo Alto Networks, Receives US Government Success Memo appeared first on Palo Alto Networks Blog.

Palo Alto Networks Brings Network Threat Detection to Google Cloud

Palo Alto Networks and Google Cloud announce native Google Cloud network threat detection built with industry-leading security technologies. The post Palo Alto Networks Brings Network Threat Detection to Google Cloud appeared first on Palo Alto Networks Blog.

Creating a Best Place to Work for Disability Inclusion

We are thrilled to share that we have been recognized as a Best Place to Work For Disability Inclusion on The Disability Equality Index® (DEI). The post Creating a Best Place to Work for Disability Inclusion appeared first on Palo Alto Networks Blog.

When Should You Protect Against Ransomware? Now, Before it Hits You.

Ransomware attacks have become an epidemic. You can protect against ransomware at many stages, but a great time to get ready is now. The post When Should You Protect Against Ransomware? Now, Before it Hits You. appeared first on Palo Alto Networks Blog.

Intelligent Traffic Offload Uses SmartNIC/DPU for Hyperscale Security

Intelligent Traffic Offload uses SmartNIC/DPU to offer cost-effective, software-defined hyperscale security for service providers and telcos. The post Intelligent Traffic Offload Uses SmartNIC/DPU for Hyperscale Security appeared first on Palo Alto Networks Blog.

Diagnosing the Ransomware Deployment Protocol (RDP)

Unit 42 studied data from over 1,000 incidents and found in 50% of ransomware deployment cases, RDP was the initial attack vector. The post Diagnosing the Ransomware Deployment Protocol (RDP) appeared first on Palo Alto Networks Blog.
Show more

Palo Alto Networks Frequently Asked Questions

  • When was Palo Alto Networks founded?

    Palo Alto Networks was founded in 2005.

  • Who are Palo Alto Networks key executives?

    Palo Alto Networks's key executives are Nikesh Arora, Amit Singh and Lee Klarich.

  • How many employees does Palo Alto Networks have?

    Palo Alto Networks has 9,038 employees.

  • What is Palo Alto Networks revenue?

    Latest Palo Alto Networks annual revenue is $3.4 b.

  • What is Palo Alto Networks revenue per employee?

    Latest Palo Alto Networks revenue per employee is $377.1 k.

  • Who are Palo Alto Networks competitors?

    Competitors of Palo Alto Networks include Zscaler, Infoblox and Forcepoint.

  • Where is Palo Alto Networks headquarters?

    Palo Alto Networks headquarters is located at 3000 Tannery Way, Santa Clara.

  • Where are Palo Alto Networks offices?

    Palo Alto Networks has offices in Santa Clara, New York, Plano, Reston and in 51 other locations.

  • How many offices does Palo Alto Networks have?

    Palo Alto Networks has 58 offices.