Palo Alto Networks
OverviewSuggest Edit
Palo Alto Networks is a company providing cybersecurity solutions that protect organizations across clouds, networks, and mobile devices. It offers Prisma, a platform that identifies network traffic by application, user, and content and provides consistent security across the network, endpoint, and cloud. The company serves government, financial services, healthcare, education, manufacturing, oil and gas, utilities, retail, and other industries.
| Type | Public | |
| Founded | 2005 | |
| HQ | Santa Clara, US | Map |
| Website | paloaltonetworks.com | |
| Employee Ratings | More | |
| Culture score | A- | More |
Recent NewsAll News
- Thinking about trading stocks or options in Globus Medical, Alaska Air Group, Lululemon Athletica, Palo Alto Networks, or Carnival Corp?
- Stocks making the biggest moves after hours: Ross Stores, Splunk, Palo Alto Networks and more
- Earnings Results: Palo Alto Networks stock surges as earnings, outlook boosted by work-from-home
- Palo Alto Networks Apr 06, 2020 at 01:00 AM
Key People/Management at Palo Alto Networks
Nikesh Arora
Chairman and Chief Executive Officer
Amit Singh
President
Kathy Bonanno
Chief Financial Officer
Nir Zuk
Founder and Chief Technology Officer
Lee Klarich
Chief Product Officer
Rene Bonvanie
Executive Vice President of Strategic Accounts
Palo Alto Networks Office Locations
Palo Alto Networks has offices in Santa Clara, Bellevue, New York, Plano and in 52 other locations
Santa Clara, US (HQ)
3000 Tannery Way
Bellevue, US
10400 NE 4th St 5th Floor
New York, US
350 5th Ave 40th Floor, Suite 4010
Plano, US
3901 Dallas Pkwy
Reston, US
12110 Sunset Hills Rd #200Reston
Adelaide, AU
5 Peel St
Palo Alto Networks Financials and Metrics
Palo Alto Networks Revenue
Palo Alto Networks's revenue was reported to be $2.90 b in FY, 2019 which is a 27.6% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 280.9m |
Gross profit (Q3, 2020) | 207.6m |
Gross profit margin (Q3, 2020), % | 73.9% |
Market capitalization (22-May-2020) | 23.7b |
Closing stock price (22-May-2020) | 237.9 |
Cash (30-Apr-2020) | 1.5b |
EV | 22.6b |
Palo Alto Networks's current market capitalization is $23.7 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 398.1m | 422.6m | 431.8m | 505.5m | 542.4m | 567.1m | 656.0m | 711.2m | 726.6m | 771.9m | 816.7m | 280.9m |
Cost of goods sold | 101.3m | 113.2m | 123.7m | 141.4m | 159.3m | 159.9m | 183.5m | 202.6m | 204.9m | 217.7m | 233.1m | 73.3m |
Gross profit | 296.8m | 309.4m | 308.1m | 364.1m | 383.1m | 407.2m | 472.5m | 508.6m | 521.7m | 554.2m | 583.6m | 207.6m |
Gross profit Margin, % | 75% | 73% | 71% | 72% | 71% | 72% | 72% | 72% | 72% | 72% | 71% | 74% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 839.4m | 761.4m | 692.0m | 842.6m | 915.0m | 949.0m | 1.8b | 1.1b | 1.3b | 1.3b | 2.0b | 1.5b |
Accounts Receivable | 346.5m | 386.1m | 364.1m | 350.8m | 365.1m | 361.8m | 382.3m | 415.0m | 407.5m | 499.2m | 540.3m | 668.8m |
Prepaid Expenses | 129.4m | 139.9m | 159.1m | 185.5m | 209.4m | 222.5m | 229.1m | 242.5m | 261.9m | 289.4m | 306.4m | |
Current Assets | 1.9b | 1.9b | 1.9b | 2.0b | 2.2b | 2.2b | 3.8b | 3.5b | 3.7b | 3.6b | 4.0b |
Annual
Quarterly
| USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (61.8m) | (117.5m) | (178.4m) | (64.0m) | (98.9m) | (145.6m) | (38.3m) | (40.9m) | (61.1m) | (59.6m) | (208.1m) | |
Depreciation and Amortization | 13.6m | 28.0m | 43.1m | 21.3m | 43.4m | 68.0m | 32.5m | 71.3m | 111.6m | 44.0m | 92.4m | 145.6m |
Accounts Payable | 1.8m | 200.0k | 2.8m | 4.2m | (6.4m) | (4.6m) | (800.0k) | (11.2m) | 23.2m | (2.5m) | (17.3m) | (22.8m) |
Cash From Operating Activities | 203.3m | 417.8m | 629.0m | 274.1m | 517.8m | 759.1m | 252.3m | 527.7m | 824.1m | 225.2m | 532.1m |
| USD | Y, 2020 |
|---|---|
Financial Leverage | 8.7 x |
Palo Alto Networks Operating Metrics
Palo Alto Networks's Enterprise Customers was reported to be 54 k in FY, 2018.
| Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | May, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Billings | $240.49 m | $282.78 m | $302.22 m | $388 m | $459 m | $544.10 m | $1.91 b | $516.90 m | $561.60 m | $486.20 m | $2.29 b | $596.50 m | $674.60 m | $721 m | $2.86 b | $758.50 m | $852.50 m | $821.90 m | $3.49 b | $897.40 m | |
Countries | 140 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | ||||||||||
Enterprise Customers | 21 k | 22.50 k | 24 k | 28 k | 30 k | 31 k | 34 k | 35.50 k | 37.50 k | 39.50 k | 42.50 k | 45 k | 48 k | 51 k | 50 k | 54 k |
Palo Alto Networks Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| CloudGenix | March 31, 2020 | $420 m |
| Aporeto | November 25, 2019 | $150 m |
| ZingBox | September 04, 2019 | $75 m |
| PureSec Pty Ltd | May 30, 2019 | |
| Twistlock | May 28, 2019 | $410 m |
| Cortex XSOAR | February 19, 2019 | $560 m |
| RedLock | October 03, 2018 | $173 m |
| Cyber Secdo Ltd | April 10, 2018 | $100 m |
| Evident.io | March 14, 2018 | $300 m |
| LightCyber | February 28, 2017 | $105 m |
Palo Alto Networks Revenue Breakdown
Palo Alto Networks revenue breakdown by business segment: 38.3% from Product and 61.7% from Subscription and Support
Palo Alto Networks revenue breakdown by geographic segment: 12.1% from APAC, 68.6% from Americas and 19.3% from EMEA
Palo Alto Networks Online and Social Media Presence
108.82k Twitter followers
Palo Alto Networks has 108.82k Twitter Followers. The number of followers has increased 0.8% month over month and increased 1.8% quarter over quarter
Palo Alto Networks's Trends
Twitter Engagement Stats for @PaloAltoNtwks
14.9k
Tweets
456
Following
108.8k
Followers
98
Tweets last 30 days
6
Avg. likes per Tweet
100%
Tweets with engagement
Palo Alto Networks Company Culture
Overall Culture
A-
77/100
CEO Rating
B
73/100
Compensation
A-
79/100
Diversity
B
74/100
Palo Alto Networks News and Updates
May 22, 2020
Thinking about trading stocks or options in Globus Medical, Alaska Air Group, Lululemon Athletica, Palo Alto Networks, or Carnival Corp?
NEW YORK, May 22, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GMED, ALK, LULU, PANW, and CCL. 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...
May 21, 2020
Stocks making the biggest moves after hours: Ross Stores, Splunk, Palo Alto Networks and more
Check out the companies making headlines after the bell.
May 21, 2020
Earnings Results: Palo Alto Networks stock surges as earnings, outlook boosted by work-from-home
Palo Alto Networks Inc. shares surged in the extended session Thursday after the cybersecurity company’s quarterly results and outlook topped Wall Street estimates as its product portfolio benefits from the COVID-19 pandemic.
April 06, 2020
Palo Alto Networks Apr 06, 2020 at 01:00 AM
Designed for enterprise customers, the two companies will work together to build, onboard and run a portfolio of managed security services powered by Palo Alto Networks.read more
April 01, 2020
Palo Alto Networks Santa Clara, CA Mar 31, 2020 at 05:15 AM
Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced that it has entered into a definitive agreement to acquire CloudGenix, Inc., an industry-leading cloud-delivered SD-WAN provider. Under the terms of the agreement, Palo Alto Networks will pay approximately $420 million…
March 11, 2020
Palo Alto Networks Partner Successfully Certifies ILCoin's 5GB Block on Live Network
DUBAI, UAE, March 11, 2020 /PRNewswire/ -- A Palo Alto Networks Partner has recently announced that it has certified a 5G block from the ILCoin project after successful testing on a live blockchain network. The production of a 5GB block became possible through the use of the RIFT...
Palo Alto Networks Blogs
May 15, 2020
CRN Names 10 Leaders from Palo Alto Networks to Women of the Channel List
CRN recognized 10 leaders from Palo Alto Networks to be included in its esteemed 2020 Women of the Channel list.
The post CRN Names 10 Leaders from Palo Alto Networks to Women of the Channel List appeared first on Palo Alto Networks Blog.
May 15, 2020
Containers Are Inherently Secure: Reality or Myth?
Containers have unique properties that provide invaluable cybersecurity benefits but they’re far from being impenetrable. We discuss the myths and truths behind them.
The post Containers Are Inherently Secure: Reality or Myth? appeared first on Palo Alto Networks Blog.
May 15, 2020
Gartner Market Guide for Cloud Workload Protection Platforms: Key Takeaways
In the new Market Guide for Cloud Workload Protection Platforms, Gartner explores recent trends in CWPP. Read our assessment of key takeaways.
The post Gartner Market Guide for Cloud Workload Protection Platforms: Key Takeaways appeared first on Palo Alto Networks Blog.
May 13, 2020
Palo Alto Networks Named Google Cloud Technology Partner of the Year
Learn why Prisma Cloud was named Google Cloud Technology Partner of the Year.
The post Palo Alto Networks Named Google Cloud Technology Partner of the Year appeared first on Palo Alto Networks Blog.
May 12, 2020
Manage a Remote SOC: Micro-Surveys for Crisis Management
Micro-surveys in Cortex XSOAR can help security analysts manage communication in a remote SOC.
The post Manage a Remote SOC: Micro-Surveys for Crisis Management appeared first on Palo Alto Networks Blog.
May 11, 2020
Bridging the DevOps and Security Divide with DevSecOps
Adopting DevSecOps means recognizing gaps between DevOps and security teams, and accepting that DevSecOps is a practice, not an endpoint.
The post Bridging the DevOps and Security Divide with DevSecOps appeared first on Palo Alto Networks Blog.
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 Kathy Bonanno.
How many employees does Palo Alto Networks have?
Palo Alto Networks has 7,643 employees.
What is Palo Alto Networks revenue?
Latest Palo Alto Networks annual revenue is $2.9 b.
What is Palo Alto Networks revenue per employee?
Latest Palo Alto Networks revenue per employee is $379.4 k.
Who are Palo Alto Networks competitors?
Competitors of Palo Alto Networks include FireEye, Symantec and Check Point Software.
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, Bellevue, New York, Plano and in 52 other locations.
How many offices does Palo Alto Networks have?
Palo Alto Networks has 59 offices.
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