Palo Alto Networks
- Revenue$4.3 BFY, 2021
- Market Capitalization$47.2 B2022-05-25
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.
| Type | Public | |
| Founded | 2005 | |
| HQ | Santa Clara, CA, US | Map |
| Website | paloaltonetworks.com | |
| Employee Ratings | ||
| Overall Culture | A+ | More |
Recent NewsAll News
- Stocks making the biggest moves midday: Deere, Foot Locker, Palo Alto Networks and more
- Thinking about trading options or stock in Palo Alto Networks, NRG Energy, NVIDIA, General Motors, or Block?
- Palo Alto Networks shares surge on strong earnings beat
- Earnings Results: Palo Alto Networks stock rockets more than 10% as cybersecurity company hikes annual guidance a third time
Key People/Management at Palo Alto Networks
Nikesh Arora
Chief Executive Officer and Chairman
BJ Jenkins
President
Nir Zuk
Founder and Chief Technology Officer
Lee Klarich
Chief Product Officer
Amit Singh
Chief Business Officer
Liane Hornsey
Chief People Officer
Palo Alto Networks Office Locations
Palo Alto Networks has offices in Santa Clara, New York, Plano, Reston and in 53 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 North Dallas Pkwy
Reston, VA, US
12110 Sunset Hills Rd #200
Abbotsford, AU
16/71 Victoria Cres
Adelaide, AU
5 Peel St
Palo Alto Networks Financials and Metrics
Palo Alto Networks Revenue
Palo Alto Networks's revenue was reported to be $4.26 b in FY, 2021 which is a 24.9% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2022) | 1.4b |
Gross profit (Q3, 2022) | 946.2m |
Gross profit margin (Q3, 2022), % | 68.2% |
Net income (Q3, 2022) | (73.2m) |
EBIT (Q3, 2022) | (47.6m) |
Market capitalization (25-May-2022) | 47.2b |
Closing stock price (25-May-2022) | 505.5 |
Cash (31-Jan-2022) | 1.9b |
EV | 49.3b |
Palo Alto Networks's current market capitalization is $47.2 b.
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 771.9m | 816.7m | 869.4m | 946.0m | 1.0b | 1.1b | 1.2b | 1.3b | 1.4b |
Cost of goods sold | 217.7m | 233.1m | 258.3m | 277.8m | 307.6m | 330.6m | 380.6m | 405.3m | 440.5m |
Gross profit | 554.2m | 583.6m | 611.1m | 668.2m | 709.3m | 743.3m | 866.8m | 911.6m | 946.2m |
Gross profit Margin, % | 72% | 71% | 70% | 71% | 70% | 69% | 69% | 69% | 68% |
Annual
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|
Net Income | (59.6m) | 133.3m | (208.1m) | (92.2m) | (234.5m) | (379.6m) | (103.6m) | (197.1m) |
Depreciation and Amortization | 44.0m | 92.4m | 145.6m | 58.0m | 122.9m | 191.6m | 69.0m | 138.7m |
Accounts Payable | (2.5m) | (17.3m) | (22.8m) | (17.7m) | (23.6m) | 3.4m | 37.6m | 59.8m |
Cash From Operating Activities | 225.2m | 532.1m | 702.0m | 534.9m | 899.4m | 1.2b | 588.9m | 1.1b |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 363.2k |
Palo Alto Networks Operating Metrics
| Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | FY, 2021 | Q1, 2022 | Q2, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Billings | $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 | $1.29 b | $5.45 b | $1.38 b | $1.61 b |
Countries (Customers) | 150 | 150 | 150 | 150 | 150 | 150 | 170 | 170 | 170 | 170 | 170 | 170 | 170 |
Customers to Date | 59 k | 62 k | 70 k | 73 k | 75 k | 80 k | 82 k | 85 k | |||||
Remaining Performance Obligations | $2.6 b | $2.7 b | $3.1 b | $3.1 b | $3.3 b | $3.5 b | $4.3 b | $4.4 b | $4.6 b | $4.9 b | $5.9 b | $6 b | $6.3 b |
Palo Alto Networks Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Gamma Networks, Inc. | August 11, 2021 | $20.4 m |
| Bridgecrew | March 02, 2021 | $156.9 m |
| Sinefa | November 24, 2020 | $27 m |
| Expanse | November 15, 2020 | $797.2 m |
| The Crypsis Group | September 17, 2020 | $227.7 m |
| CloudGenix | April 21, 2020 | $402.7 m |
| Aporeto | December 23, 2019 | $144.1 m |
| ZingBox | September 20, 2019 | $66.4 m |
| Twistlock | July 09, 2019 | $378.1 m |
| PureSec Ltd | June 12, 2019 | $36.8 m |
Palo Alto Networks Revenue Breakdown
Palo Alto Networks revenue breakdown by business segment: 26.3% from Product and 73.7% from Subscription and Support
Palo Alto Networks revenue breakdown by geographic segment: 69.0% from Americas, 11.8% from APAC and 19.2% from EMEA
Palo Alto Networks Cybersecurity Score
Palo Alto Networks Environment, Social & Governance (ESG) Ratings
Palo Alto Networks Online and Social Media Presence
117.69k Twitter followers
Palo Alto Networks has 117.69k Twitter Followers. The number of followers has increased 0.5% month over month and increased 1.5% quarter over quarter
Palo Alto Networks's Trends
Twitter Engagement Stats for @PaloAltoNtwks
16.5k
Tweets
454
Following
117.7k
Followers
57
Tweets last 30 days
5.1
Avg. likes per Tweet
100%
Tweets with engagement
Palo Alto Networks Company Culture
Overall Culture
A+
86/100
CEO Rating
A+
89/100
Compensation
A+
86/100
Diversity
A+
87/100
Palo Alto Networks News and Updates
May 20, 2022
Stocks making the biggest moves midday: Deere, Foot Locker, Palo Alto Networks and more
These are the stocks posting the largest moves in midday trading.
May 20, 2022
Thinking about trading options or stock in Palo Alto Networks, NRG Energy, NVIDIA, General Motors, or Block?
NEW YORK, May 20, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PANW, NRG, NVDA, GM, and SQ. 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 20, 2022
Palo Alto Networks shares surge on strong earnings beat
Shares in Palo Alto Networks Inc. surged in late trading after the network management and security firm beat expectations in its fiscal second quarter. For the quarter ended April 30, Palo Alto Networks reported a profit before costs such as stock compensation of $193.1 million, or $1.79 per share,…
May 19, 2022
Earnings Results: Palo Alto Networks stock rockets more than 10% as cybersecurity company hikes annual guidance a third time
Palo Alto Networks shares rallied after hours Tuesday after the cybersecurity company hiked its full-year guidance for a third time in a row.
May 19, 2022
Palo Alto Networks stock jumps after company lifts full-year forecast
Palo Alto Networks is benefiting from positive trends in demand for cybersecurity services, CEO Nikesh Arora said in a statement.
May 19, 2022
Palo Alto Networks Reports Fiscal Third Quarter 2022 Financial Results
Fiscal third quarter revenue grew 29% year over year to $1.4 billion Fiscal third quarter billings grew 40% year over year to $1.8 billion Remaining performance obligation grew 40% year over year to $6.9 billion SANTA CLARA, Calif., May 19, 2022 /PRNewswire/ -- Palo Alto Networks (NASDAQ:...
Palo Alto Networks Blogs
May 17, 2022
Zero Trust and SASE: Better Together for Financial Institutions
A Zero Trust cybersecurity model, enabled by a modern Secure Access Services Edge (SASE) architecture, gives financial institutions powerful tools to support new ways of working without compromising their ability to compete and innovate.
The post Zero Trust and SASE: Better Together for Financial I…
May 16, 2022
Palo Alto Networks Partners with BT to Offer Managed SASE
Palo Alto Networks has partnered with BT to provide a Managed SASE offering powered by Prisma SASE – the industry’s most complete SASE.
The post Palo Alto Networks Partners with BT to Offer Managed SASE appeared first on Palo Alto Networks Blog.
May 12, 2022
The Zero Trust Enterprise — What We Learned on Our Own Journey
Zero Trust Enterprise introduces consistent controls, eliminating implicit trust. On our Zero Trust journey, we identified four steps to help organizations.
The post The Zero Trust Enterprise — What We Learned on Our Own Journey appeared first on Palo Alto Networks Blog.
May 12, 2022
How Innovation Turns 5G Security from a Reactive to Proactive Tool
5G security for enterprise rides on the viability of enterprise-grade security that safeguards the new business-critical operations against cyber threats.
The post How Innovation Turns 5G Security from a Reactive to Proactive Tool appeared first on Palo Alto Networks Blog.
May 11, 2022
Why the World Needs ZTNA 2.0
Customers are struggling to get a handle on the risks with hybrid work. ZTNA 2.0 is a unified security product that solves the shortcomings of ZTNA 1.0.
The post Why the World Needs ZTNA 2.0 appeared first on Palo Alto Networks Blog.
May 06, 2022
Palo Alto Networks Alignment to the UK NCSC Cyber Assessment Framework
The UK NCSC developed the Cyber Assessment Framework (CAF) – guidance aimed at organisations responsible for businesses' services and activities.
The post Palo Alto Networks Alignment to the UK NCSC Cyber Assessment Framework 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, BJ Jenkins and Nir Zuk.
How many employees does Palo Alto Networks have?
Palo Alto Networks has 11,870 employees.
What is Palo Alto Networks revenue?
Latest Palo Alto Networks annual revenue is $4.3 b.
What is Palo Alto Networks revenue per employee?
Latest Palo Alto Networks revenue per employee is $358.6 k.
Who are Palo Alto Networks competitors?
Competitors of Palo Alto Networks include Juniper Networks, Zscaler and CrowdStrike.
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 53 other locations.
How many offices does Palo Alto Networks have?
Palo Alto Networks has 57 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies