Palo Alto Networks
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 | More | |
| Overall Culture | A | More |
Recent NewsAll News
- Deloitte and Palo Alto Networks Announce Strategic Alliance to Securely Enable Customer Digital Transformation Initiatives
- Europe Cybersecurity Market Report 2021-2027 Featuring Broadcom, Cisco Systems, Check Point Software Technology, IBM Palo Alto Networks
- Thinking about trading options or stock in FireEye, Exxon Mobil, JD.Com, Palo Alto Networks, or General Electric?
- Climb Channel Solutions Signs Agreement with Palo Alto Networks to Distribute Best-in-Breed Cybersecurity Solutions
Key People/Management at Palo Alto Networks
Nikesh Arora
Chief Executive Officer and Chairman
Amit Singh
President
Lee Klarich
Chief Product Officer
Nir Zuk
Founder and Chief Technology Officer
Jean Compeau
Chief Accounting 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 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
Palo Alto Networks Financials and Metrics
Palo Alto Networks Revenue
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
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 656.0m | 711.2m | 726.6m | 771.9m | 816.7m | 869.4m | 946.0m | 1.0b | 288.9m |
Cost of goods sold | 183.5m | 202.6m | 204.9m | 217.7m | 233.1m | 258.3m | 277.8m | 307.6m | 81.9m |
Gross profit | 472.5m | 508.6m | 521.7m | 554.2m | 583.6m | 611.1m | 668.2m | 709.3m | 207.0m |
Gross profit Margin, % | 72% | 72% | 72% | 72% | 71% | 70% | 71% | 70% | 72% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 1.8b | 1.1b | 1.3b | 1.3b | 2.0b | 1.5b | 2.1b | 2.1b | 1.9b |
Accounts Receivable | 382.3m | 415.0m | 407.5m | 499.2m | 540.3m | 668.8m | 675.5m | 669.2m | 766.8m |
Prepaid Expenses | 229.1m | 242.5m | 261.9m | 289.4m | 304.0m | 306.4m | 407.8m | 435.4m | 428.7m |
Current Assets | 3.8b | 3.5b | 3.7b | 3.6b | 4.0b | 3.0b | 4.3b | 4.3b | 4.1b |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (38.3m) | (40.9m) | (61.1m) | (59.6m) | 133.3m | (208.1m) | (92.2m) | (234.5m) | (379.6m) |
Depreciation and Amortization | 32.5m | 71.3m | 111.6m | 44.0m | 92.4m | 145.6m | 58.0m | 122.9m | 191.6m |
Accounts Payable | (800.0k) | (11.2m) | 23.2m | (2.5m) | (17.3m) | (22.8m) | (17.7m) | (23.6m) | 3.4m |
Cash From Operating Activities | 252.3m | 527.7m | 824.1m | 225.2m | 532.1m | 702.0m | 534.9m | 899.4m | 1.2b |
| USD | FY, 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) |
Palo Alto Networks Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 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) | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 170 | 170 | 170 |
Customers to Date | 54 k | 75 k | 80 k | ||||||||
Customers to Date (Network Security) | 73 k | 78 k |
Palo Alto Networks Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Bridgecrew | March 02, 2021 | $156 m |
| Expanse | November 11, 2020 | $800 m |
| The Crypsis Group | August 25, 2020 | $265 m |
| 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 |
| Demisto (UK) Limited | February 19, 2019 | $560 m |
Palo Alto Networks Revenue Breakdown
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
Palo Alto Networks Cybersecurity Score
Palo Alto Networks Environment, Social & Governance (ESG) Ratings
Palo Alto Networks Online and Social Media Presence
112.89k Twitter followers
Palo Alto Networks has 112.89k Twitter Followers. The number of followers has increased 0.5% month over month and increased 0.3% quarter over quarter
Palo Alto Networks's Trends
Twitter Engagement Stats for @PaloAltoNtwks
15.8k
Tweets
452
Following
112.9k
Followers
74
Tweets last 30 days
4.8
Avg. likes per Tweet
100%
Tweets with engagement
Palo Alto Networks Company Culture
Overall Culture
A
75/100
CEO Rating
A-
74/100
Compensation
B+
76/100
Diversity
A-
76/100
Palo Alto Networks News and Updates
July 28, 2021
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....
July 26, 2021
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.
July 06, 2021
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...
June 03, 2021
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…
May 21, 2021
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...
May 21, 2021
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.
Palo Alto Networks Blogs
July 23, 2021
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.
July 20, 2021
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.
July 13, 2021
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.
July 13, 2021
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.
July 12, 2021
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.
July 08, 2021
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.
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.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies