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.
TypePublic
Founded2005
HQSanta Clara, CA, US
Websitepaloaltonetworks.com
Employee Ratings4.1
Overall CultureA+

Latest Updates

Employees (est.) (Apr 2022)11,870(+3%)
Job Openings1,864
Revenue (FY, 2021)$4.3 B(+25%)
Share Price (May 2022)$505.5(+6%)
Cybersecurity ratingBMore
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Key People/Management at Palo Alto Networks

Nikesh Arora

Nikesh Arora

Chief Executive Officer and Chairman
BJ Jenkins

BJ Jenkins

President
Nir Zuk

Nir Zuk

Founder and Chief Technology Officer
Lee Klarich

Lee Klarich

Chief Product Officer
Amit Singh

Amit Singh

Chief Business Officer
Liane Hornsey

Liane Hornsey

Chief People Officer
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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
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Palo Alto Networks Financials and Metrics

Palo Alto Networks Revenue

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View revenue for all periods
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
USDFY, 2016FY, 2017FY, 2019FY, 2020FY, 2021

Revenue

1.4b1.8b2.9b3.4b4.3b

Revenue growth, %

49%28%28%18%25%

Cost of goods sold

175.4m476.6m808.4m999.5m1.3b

Gross profit

1.2b1.3b2.1b2.4b3.0b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

771.9m816.7m869.4m946.0m1.0b1.1b1.2b1.3b1.4b

Cost of goods sold

217.7m233.1m258.3m277.8m307.6m330.6m380.6m405.3m440.5m

Gross profit

554.2m583.6m611.1m668.2m709.3m743.3m866.8m911.6m946.2m

Gross profit Margin, %

72%71%70%71%70%69%69%69%68%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

961.4m3.0b1.9b

Accounts Receivable

582.4m1.0b1.2b

Prepaid Expenses

279.3m344.3m229.3m

Current Assets

3.7b5.1b4.6b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Cash

1.3b2.0b1.5b2.1b2.1b1.9b2.3b1.9b

Accounts Receivable

499.2m540.3m668.8m675.5m669.2m766.8m812.1m952.2m

Prepaid Expenses

289.4m304.0m306.4m407.8m435.4m428.7m292.7m298.0m

Current Assets

3.6b4.0b3.0b4.3b4.3b4.1b4.8b4.9b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(81.9m)(267.0m)(498.9m)

Depreciation and Amortization

153.8m206.1m260.4m

Accounts Payable

32.3m(12.8m)(11.8m)

Cash From Operating Activities

1.1b1.0b1.5b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Net Income

(59.6m)133.3m(208.1m)(92.2m)(234.5m)(379.6m)(103.6m)(197.1m)

Depreciation and Amortization

44.0m92.4m145.6m58.0m122.9m191.6m69.0m138.7m

Accounts Payable

(2.5m)(17.3m)(22.8m)(17.7m)(23.6m)3.4m37.6m59.8m

Cash From Operating Activities

225.2m532.1m702.0m534.9m899.4m1.2b588.9m1.1b
USDFY, 2016

Revenue/Employee

363.2k
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Palo Alto Networks Operating Metrics

Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022Q2, 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)

150150150150150150170170170170170170170

Customers to Date

59 k62 k70 k73 k75 k80 k82 k85 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 NameDateDeal Size
Gamma Networks, Inc.August 11, 2021$20.4 m
BridgecrewMarch 02, 2021$156.9 m
SinefaNovember 24, 2020$27 m
ExpanseNovember 15, 2020$797.2 m
The Crypsis GroupSeptember 17, 2020$227.7 m
CloudGenixApril 21, 2020$402.7 m
AporetoDecember 23, 2019$144.1 m
ZingBoxSeptember 20, 2019$66.4 m
TwistlockJuly 09, 2019$378.1 m
PureSec LtdJune 12, 2019$36.8 m
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Palo Alto Networks Revenue Breakdown

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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

Cybersecurity ratingPremium dataset

B

87/100

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

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Palo Alto Networks Company Culture

  • Overall Culture

    A+

    86/100

  • CEO Rating

    A+

    89/100

  • Compensation

    A+

    86/100

  • Diversity

    A+

    87/100

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Palo Alto Networks News and Updates

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.

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...

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,…

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.

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.

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:...
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Palo Alto Networks Blogs

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…

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.

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.

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.

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.

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.
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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.