Palo Alto Networks (PANW) stock price, revenue, and financials

Palo Alto Networks market cap is $23.7 b, and annual revenue was $2.90 b in FY 2019

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-2.43 (-1.02%)

$23.7 B

PANW Mkt cap, 22-May-2020

$280.9 M

Palo Alto Networks Revenue Q3, 2020

Palo Alto Networks Gross profit (Q3, 2020)207.6 M

Palo Alto Networks Gross profit margin (Q3, 2020), %73.9%

Palo Alto Networks Cash, 30-Apr-20201.5 B

Palo Alto Networks EV22.6 B

Palo Alto Networks Revenue

Palo Alto Networks revenue was $2.90 b in FY, 2019 which is a 27.6% year over year increase from the previous period.

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Palo Alto Networks Revenue Breakdown

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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

Annual

USD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Revenue	1.4b	1.8b	2.3b	2.9b
Revenue growth, %	49%	28%	29%	28%
Cost of goods sold	175.4m	476.6m	645.3m	808.4m
Gross profit	1.2b	1.3b	1.6b	2.1b
Gross profit Margin, %	87%	73%	72%	72%
Sales and marketing expense	776.0m	919.1m	1.1b	1.3b
R&D expense	284.2m	347.4m	400.7m	539.5m
General and administrative expense	138.4m	198.3m	257.8m	261.8m
Operating expense total	1.2b	1.5b	1.8b	2.1b
EBIT	(190.1m)	(179.8m)	(129.1m)	(54.1m)
EBIT margin, %	(14%)	(10%)	(6%)	(2%)
Interest expense	23.4m	24.5m	29.6m	83.9m
Pre tax profit	(205.1m)	(194.1m)	(130.2m)	(74.6m)
Income tax expense	20.8m	22.5m	17.7m	7.3m
Net Income	(225.9m)	(216.6m)	(147.9m)	(81.9m)

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%
Sales and marketing expense	220.3m	226.7m	226.9m	258.5m	265.0m	277.1m	314.6m	320.0m	339.0m	365.7m	374.9m
R&D expense	84.6m	89.9m	86.0m	94.2m	96.6m	99.6m	113.4m	128.3m	139.1m	170.5m	185.4m
General and administrative expense	41.8m	47.2m	44.3m	65.7m	53.3m	82.1m	76.6m	53.7m	62.3m	69.8m	76.2m
Operating expense total	346.7m	363.8m	357.2m	418.4m	414.9m	458.8m	504.6m	502.0m	540.4m	606.0m	636.5m
EBIT	(49.9m)	(54.4m)	(49.1m)	(54.3m)	(31.8m)	(51.6m)	(32.1m)	6.6m	(18.7m)	(51.8m)	(52.9m)
EBIT margin, %	(13%)	(13%)	(11%)	(11%)	(6%)	(9%)	(5%)	1%	(3%)	(7%)	(6%)
Interest expense	6.0m	6.1m	6.2m	6.3m	6.4m	6.5m	22.7m	20.6m	20.6m	18.9m
Pre tax profit	(53.4m)	(57.8m)	(53.2m)	(55.8m)	(33.3m)	(49.5m)	(41.8m)	2.0m	(21.1m)	(54.5m)	(61.1m)
Income tax expense	8.4m	2.8m	7.7m	8.2m	1.6m	(2.8m)	(3.5m)	4.6m	(900.0k)	5.1m	12.6m
Net Income	(61.8m)	(60.6m)	(60.9m)	(64.0m)	(34.9m)	(46.7m)	(38.3m)	(2.6m)	(20.2m)	(59.6m)	(73.7m)

Annual

USD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Cash	734.4m	744.3m	2.5b	961.4m
Accounts Receivable	348.7m	432.1m	467.3m	582.4m
Prepaid Expenses	84.8m	169.2m	261.3m	279.3m
Current Assets	1.7b	2.0b	4.1b	3.7b
PP&E	117.2m	211.1m	273.1m	296.0m
Goodwill	163.5m	238.8m	522.8m	1.4b
Total Assets	2.8b	3.4b	5.8b	6.6b
Accounts Payable	30.2m	35.5m	49.4m	73.3m
Short-term debt			550.4m
Current Liabilities	846.8m	1.2b	2.1b	2.1b
Long-term debt	508.2m	524.7m	1.4b	1.4b
Total Debt	508.2m	524.7m	1.9b	1.4b
Total Liabilities	2.0b	2.7b	4.9b	5.0b
Additional Paid-in Capital	1.5b	1.6b	2.0b	2.5b
Retained Earnings	(726.6m)	(836.7m)	(984.6m)	(900.9m)
Total Equity	789.9m	759.6m	966.4m	1.6b
Debt to Equity Ratio	0.6 x	0.7 x	2 x	0.9 x
Debt to Assets Ratio	0.2 x	0.2 x	0.3 x	0.2 x
Financial Leverage	3.5 x	4.5 x	6 x	4.2 x

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
PP&E	125.0m	154.1m	192.3m	256.9m	264.7m	264.2m	276.5m	273.2m	275.0m	316.4m	311.4m	357.2m
Goodwill	163.5m	163.5m	238.8m	238.8m	238.8m	522.2m	636.4m	636.4m	1.0b	1.4b	1.5b	1.8b
Total Assets	3.0b	3.2b	3.3b	3.5b	3.6b	3.9b	5.8b	5.7b	6.3b	6.8b	7.2b	6.5b
Accounts Payable	29.2m	28.0m	33.2m	38.8m	33.4m	32.7m	43.0m	27.9m	68.6m	74.7m	55.4m	52.3m
Short-term debt	506.2m			531.0m	537.4m	543.8m	239.9m	156.3m	158.1m
Current Liabilities	1.4b	993.6m	1.1b	1.7b	1.9b	1.9b	1.8b	1.9b	2.0b	2.1b	2.2b	2.3b
Long-term debt		512.3m	518.4m				114.6m	1.4b	1.4b	1.8b	1.8b	344.6m
Total Debt	506.2m	512.3m	518.4m	531.0m	537.4m	543.8m	354.5m	1.6b	1.6b	1.8b	1.8b	344.6m
Total Liabilities	2.1b	2.3b	2.4b	2.8b	3.0b	3.2b	4.5b	4.6b	4.8b	5.3b
Common Stock												96.5m
Preferred Stock
Additional Paid-in Capital	1.5b	1.6b	1.6b	1.6b	1.6b	1.7b	2.1b	1.9b	2.3b	2.5b	2.6b	1.9b
Retained Earnings	(683.4m)	(737.6m)	(798.5m)	(900.7m)	(935.6m)	(982.3m)	(857.3m)	(859.9m)	(880.1m)	(960.5m)	(1.0b)
Total Equity	856.9m	870.6m	813.1m	665.5m	633.1m	722.1m	1.3b	1.1b	1.5b	1.5b	1.6b	744.7m
Debt to Equity Ratio	0.6 x	0.6 x	0.6 x	0.8 x	0.8 x	0.8 x	0.3 x	1.5 x	1.1 x	1.2 x
Debt to Assets Ratio	0.2 x	0.2 x	0.2 x	0.2 x	0.1 x	0.1 x	0.1 x	0.3 x	0.3 x	0.3 x
Financial Leverage	3.5 x	3.6 x	4 x	5.2 x	5.7 x	5.4 x	4.6 x	5.3 x	4.3 x	4.5 x	4.5 x	8.7 x

Annual

USD	FY, 2016	FY, 2017	FY, 2018	FY, 2019
Net Income	(225.9m)	(216.6m)	(147.9m)	(81.9m)
Depreciation and Amortization	42.8m	59.8m	96.4m	153.8m
Accounts Receivable	(136.4m)	(82.9m)	(33.0m)	(108.7m)
Accounts Payable	15.1m	5.9m	3.7m	32.3m
Cash From Operating Activities	658.1m	868.5m	1.0b	1.1b
Purchases of PP&E	(72.5m)	(163.4m)	(112.0m)	(131.2m)
Cash From Investing Activities	(338.9m)	(472.6m)	(520.0m)	(1.8b)
Long-term Borrowings				(477.4m)
Cash From Financing Activities	39.4m	(386.0m)	1.2b	(773.9m)
Net Change in Cash	358.6m	9.9m	1.8b	(1.5b)
Income Taxes Paid	7.1m	9.0m	11.2m	22.0m

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 Receivable	2.2m	(37.3m)	(14.9m)	81.3m	67.0m	72.5m	86.6m	53.9m	63.8m	83.9m	43.1m	(67.2m)
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
Purchases of PP&E	(20.9m)	(65.6m)	(114.2m)	(32.2m)	(57.8m)	(86.6m)	(34.3m)	(57.8m)	(78.1m)	(47.2m)	(96.3m)	(182.6m)
Cash From Investing Activities	(71.2m)	(244.3m)	(411.1m)	(52.4m)	(88.5m)	(313.6m)	(713.1m)	(1.2b)	(1.4b)	244.5m	680.9m	955.6m
Long-term Borrowings							(275.0m)	(348.5m)	(348.5m)
Cash From Financing Activities	(27.1m)	(146.5m)	(260.3m)	(123.4m)	(258.6m)	(240.8m)	(261.8m)	(669.6m)	(637.8m)	(167.1m)	(173.2m)	(1.1b)
Net Change in Cash	105.0m	27.0m	(42.4m)	98.3m	170.7m	204.7m	(722.6m)	(1.4b)	(1.2b)	302.6m	1.0b	525.1m

USD	Y, 2020
Financial Leverage	8.7 x

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 (PANW) stock price, revenue, and financials

$235.505

$23.7 B

$280.9 M

Palo Alto Networks Revenue

Palo Alto Networks Revenue Breakdown

Palo Alto Networks Income Statement

Annual

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

Sales and marketing expense

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Pre tax profit

Income tax expense

Net Income

Quarterly

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

Sales and marketing expense

R&D expense

General and administrative expense

Operating expense total

EBIT

EBIT margin, %

Interest expense

Pre tax profit

Income tax expense

Net Income

Palo Alto Networks Balance Sheet

Annual

Cash

Accounts Receivable

Prepaid Expenses

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Short-term debt

Current Liabilities

Long-term debt

Total Debt

Total Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Quarterly

Cash

Accounts Receivable

Prepaid Expenses

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Short-term debt

Current Liabilities

Long-term debt

Total Debt

Total Liabilities

Common Stock

Preferred Stock

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio