Palo Alto Networks revenue was $4.26 b in FY, 2021 which is a 24.9% year over year increase from the previous period.
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
USD | FY, 2016 | FY, 2017 | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|---|---|
Revenue | 1.4b | 1.8b | 2.9b | 3.4b | 4.3b |
Revenue growth, % | 49% | 28% | 28% | 18% | 25% |
Cost of goods sold | 175.4m | 476.6m | 808.4m | 999.5m | 1.3b |
Gross profit | 1.2b | 1.3b | 2.1b | 2.4b | 3.0b |
Gross profit Margin, % | 87% | 73% | 72% | 71% | 70% |
Sales and marketing expense | 776.0m | 919.1m | 1.3b | 1.5b | 1.8b |
R&D expense | 284.2m | 347.4m | 539.5m | 768.1m | 1.1b |
General and administrative expense | 138.4m | 198.3m | 261.8m | 299.6m | 391.1m |
Operating expense total | 1.2b | 1.5b | 2.1b | 2.6b | 3.3b |
EBIT | (190.1m) | (179.8m) | (54.1m) | (179.0m) | (304.1m) |
EBIT margin, % | (14%) | (10%) | (2%) | (5%) | (7%) |
Interest expense | 23.4m | 24.5m | 83.9m | 88.7m | 163.3m |
Pre tax profit | (205.1m) | (194.1m) | (74.6m) | (231.8m) | (465.0m) |
Income tax expense | 20.8m | 22.5m | 7.3m | 35.2m | 33.9m |
Net Income | (225.9m) | (216.6m) | (81.9m) | (267.0m) | (498.9m) |
EPS | (2.4) | (0.9) | (2.8) | (5.2) |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Cash | 961.4m | 3.0b | 1.9b |
Accounts Receivable | 582.4m | 1.0b | 1.2b |
Prepaid Expenses | 279.3m | 344.3m | 229.3m |
Current Assets | 3.7b | 5.1b | 4.6b |
PP&E | 296.0m | 348.1m | 318.4m |
Goodwill | 1.4b | 1.8b | 2.7b |
Total Assets | 6.6b | 9.1b | 10.2b |
Accounts Payable | 73.3m | 63.6m | 56.9m |
Short-term debt | 1.6b | ||
Current Liabilities | 2.1b | 2.7b | 5.1b |
Long-term debt | 1.4b | 3.4b | 2.0b |
Total Debt | 1.4b | 3.4b | 2.0b |
Total Liabilities | 5.0b | 8.0b | 9.6b |
Additional Paid-in Capital | 2.5b | 2.3b | 2.3b |
Retained Earnings | (900.9m) | (1.2b) | (1.7b) |
Total Equity | 1.6b | 1.1b | 634.5m |
Debt to Equity Ratio | 0.9 x | 3.1 x | 3.1 x |
Debt to Assets Ratio | 0.2 x | 0.4 x | 0.2 x |
Financial Leverage | 4.2 x | 8.2 x | 16.1 x |
USD | FY, 2019 | FY, 2020 | FY, 2021 |
---|---|---|---|
Net Income | (81.9m) | (267.0m) | (498.9m) |
Depreciation and Amortization | 153.8m | 206.1m | 260.4m |
Accounts Receivable | (108.7m) | (435.6m) | (172.4m) |
Accounts Payable | 32.3m | (12.8m) | (11.8m) |
Cash From Operating Activities | 1.1b | 1.0b | 1.5b |
Purchases of PP&E | (131.2m) | (214.4m) | (116.0m) |
Cash From Investing Activities | (1.8b) | 288.0m | (1.5b) |
Long-term Borrowings | (477.4m) | ||
Cash From Financing Activities | (773.9m) | 673.0m | (1.1b) |
Net Change in Cash | (1.5b) | 2.0b | (1.1b) |
Income Taxes Paid | 22.0m | 17.2m | 24.9m |
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 Receivable | 83.9m | 43.1m | (67.2m) | 382.3m | 398.7m | 301.3m | 428.4m | 288.3m |
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 |
Purchases of PP&E | (47.2m) | (96.3m) | (182.6m) | (29.6m) | (61.7m) | (88.6m) | (34.6m) | (115.3m) |
Cash From Investing Activities | 244.5m | 680.9m | 955.6m | (886.2m) | (1.3b) | (1.5b) | (229.9m) | (504.2m) |
Cash From Financing Activities | (167.1m) | (173.2m) | (1.1b) | (464.5m) | (469.9m) | (768.4m) | 38.7m | (519.8m) |
Net Change in Cash | 302.6m | 1.0b | 525.1m | (815.8m) | (841.1m) | (1.1b) | 397.7m | 47.5m |
USD | FY, 2016 |
---|---|
Revenue/Employee | 363.2k |
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 |
ARR (Cloud and AI) | $388 m | ||||||||||||
ARR (Next-Gen Security) | $568 m | $651 m | $7.19 b | $840 m | $973 m | $1.18 b | $1.27 b | $1.43 b | |||||
Countries (Customers) | 150 | 150 | 150 | 150 | 150 | 150 | 170 | 170 | 170 | 170 | 170 | 170 | 170 |
Customers (Cortex) | 1 k | 1.59 k | 1.91 k | 2.18 k | 2.62 k | 2.86 k | 3.23 k | ||||||
Customers (Prisma Cloud) | 1.5 k | 1.8 k | 1.33 k | 1.42 k | 1.53 k | 1.67 k | 1.72 k | 1.81 k | |||||
Customers (Prisma SASE) | 1.08 k | 1.22 k | 1.41 k | 1.64 k | 1.81 k | 1.98 k | |||||||
Customers (Strata) | 1 k | 1.64 k | |||||||||||
Customers to Date | 59 k | 62 k | 70 k | 73 k | 75 k | 80 k | 82 k | 85 k | |||||
Customers to Date (Cloud and AI) | 8 k | 9 k | 9 k | 10 k | |||||||||
Customers to Date (Network Security) | 73 k | 78 k | 80 k | 83 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 |
FY, 2021 | Oct, 2020 | |
---|---|---|
Hispanic (USA), percent | 6.7% | 6.7% |
Asian (USA), percent | 38.3% | 38.3% |
White (USA), percent | 47.7% | 47.7% |
Other | 7.3% | 7.3% |
FY, 2021 | Oct, 2020 | |
---|---|---|
Male (Managers), percent | 18.8% | |
Female (Managers), percent | 6.2% | |
Male (Technical Staff), percent | 20.5% | |
Male (Directors), percent | 19.6% | 39.3% |
Female (Directors), percent | 5.4% | 10.8% |
Male, percent | 18.8% | 38.2% |
Female, percent | 6.2% | 11.8% |
Other | 4.5% |