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

Palo Alto Networks market cap is $33.3 b, and annual revenue was $3.41 b in FY 2020

-5.52(-1.61%)

$33.3 B

PANW Mkt cap, 07-May-2021

Palo Alto Networks Revenue Q2, 2021

Palo Alto Networks Gross profit (Q2, 2021)709.3 M

Palo Alto Networks Gross profit margin (Q2, 2021), %69.8%

Palo Alto Networks Net income (Q2, 2021)-142.3 M

Palo Alto Networks EBIT (Q2, 2021)-88.8 M

Palo Alto Networks Cash, 31-Jan-20212.1 B

Palo Alto Networks EV34.6 B

Palo Alto Networks revenue was $3.41 b in FY, 2020 which is a 17.5% year over year increase from the previous period.

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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

USD	FY, 2018	FY, 2019	FY, 2020
Revenue	2.3b	2.9b	3.4b
Revenue growth, %	29%	28%	18%
Cost of goods sold	645.3m	808.4m	999.5m
Gross profit	1.6b	2.1b	2.4b
Gross profit Margin, %	72%	72%	71%
Sales and marketing expense	1.1b	1.3b	1.5b
R&D expense	400.7m	539.5m	768.1m
General and administrative expense	257.8m	261.8m	299.6m
Operating expense total	1.8b	2.1b	2.6b
EBIT	(129.1m)	(54.1m)	(179.0m)
EBIT margin, %	(6%)	(2%)	(5%)
Interest expense	29.6m	83.9m	88.7m
Pre tax profit	(130.2m)	(74.6m)	(231.8m)
Income tax expense	17.7m	7.3m	35.2m
Net Income	(147.9m)	(81.9m)	(267.0m)
EPS	(1.6)	(0.9)	(2.8)

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021
Revenue	656.0m	711.2m	726.6m	771.9m	816.7m	869.4m	946.0m	1.0b
Cost of goods sold	183.5m	202.6m	204.9m	217.7m	233.1m	258.3m	277.8m	307.6m
Gross profit	472.5m	508.6m	521.7m	554.2m	583.6m	611.1m	668.2m	709.3m
Gross profit Margin, %	72%	72%	72%	72%	71%	70%	71%	70%
Sales and marketing expense	314.6m	320.0m	339.0m	365.7m	374.9m	388.4m	388.6m	427.4m
R&D expense	113.4m	128.3m	139.1m	170.5m	185.4m	196.3m	237.4m	266.7m
General and administrative expense	76.6m	53.7m	62.3m	69.8m	76.2m	82.9m	86.7m	104.0m
Operating expense total	504.6m	502.0m	540.4m	606.0m	636.5m	667.6m	712.7m	798.1m
EBIT	(32.1m)	6.6m	(18.7m)	(51.8m)	(52.9m)	(56.5m)	(44.5m)	(88.8m)
EBIT margin, %	(5%)	1%	(3%)	(7%)	(6%)	(6%)	(5%)	(9%)
Interest expense	22.7m	20.6m	20.6m	18.9m	19.0m	19.4m	40.2m	40.7m
Pre tax profit	(41.8m)	2.0m	(21.1m)	(54.5m)	(61.1m)	(67.8m)	(82.3m)	(130.0m)
Income tax expense	(3.5m)	4.6m	(900.0k)	5.1m	12.6m	7.0m	9.9m	12.3m
Net Income	(38.3m)	(2.6m)	(20.2m)	(59.6m)	(73.7m)	(74.8m)	(92.2m)	(142.3m)
EPS	(0.4)	0.0	(0.2)	(0.6)	(0.7)	(0.8)	(1.0)	(1.5)

USD	FY, 2018	FY, 2019	FY, 2020
Cash	2.5b	961.4m	3.0b
Accounts Receivable	467.3m	582.4m	1.0b
Prepaid Expenses	261.3m	279.3m	344.3m
Current Assets	4.1b	3.7b	5.1b
PP&E	273.1m	296.0m	348.1m
Goodwill	522.8m	1.4b	1.8b
Total Assets	5.8b	6.6b	9.1b
Accounts Payable	49.4m	73.3m	63.6m
Short-term debt	550.4m
Current Liabilities	2.1b	2.1b	2.7b
Long-term debt	1.4b	1.4b	3.4b
Total Debt	1.9b	1.4b	3.4b
Total Liabilities	4.9b	5.0b	8.0b
Additional Paid-in Capital	2.0b	2.5b	2.3b
Retained Earnings	(984.6m)	(900.9m)	(1.2b)
Total Equity	966.4m	1.6b	1.1b
Debt to Equity Ratio	2 x	0.9 x	3.1 x
Debt to Assets Ratio	0.3 x	0.2 x	0.4 x
Financial Leverage	6 x	4.2 x	8.2 x

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021
Cash	1.8b	1.1b	1.3b	1.3b	2.0b	1.5b	2.1b	2.1b
Accounts Receivable	382.3m	415.0m	407.5m	499.2m	540.3m	668.8m	675.5m	669.2m
Prepaid Expenses	229.1m	242.5m	261.9m	289.4m	304.0m	306.4m	407.8m	435.4m
Current Assets	3.8b	3.5b	3.7b	3.6b	4.0b	3.0b	4.3b	4.3b
PP&E	276.5m	273.2m	275.0m	316.4m	311.4m	357.2m	337.9m	330.7m
Goodwill	636.4m	636.4m	1.0b	1.4b	1.5b	1.8b	2.0b	2.6b
Total Assets	5.8b	5.7b	6.3b	6.8b	7.2b	6.5b	8.7b	9.5b
Accounts Payable	43.0m	27.9m	68.6m	74.7m	55.4m	52.3m	48.5m	44.7m
Short-term debt	239.9m	156.3m	158.1m					1.5b
Current Liabilities	1.8b	1.9b	2.0b	2.1b	2.2b	2.3b	2.6b	4.4b
Long-term debt	114.6m	1.4b	1.4b	1.8b	1.8b	1.8b	3.4b	1.9b
Total Debt	354.5m	1.6b	1.6b	1.8b	1.8b	1.8b	3.4b	3.5b
Total Liabilities	4.5b	4.6b	4.8b	5.3b	5.6b	5.8b	8.0b	8.5b
Additional Paid-in Capital	2.1b	1.9b	2.3b	2.5b	2.6b	1.9b	2.0b	2.4b
Retained Earnings	(857.3m)	(859.9m)	(880.1m)	(960.5m)	(1.0b)	(1.1b)	(1.3b)	(1.4b)
Total Equity	1.3b	1.1b	1.5b	1.5b	1.6b	744.7m	747.0m	1.0b
Debt to Equity Ratio	0.3 x	1.5 x	1.1 x	1.2 x	1.1 x	2.4 x	4.6 x	3.3 x
Debt to Assets Ratio	0.1 x	0.3 x	0.3 x	0.3 x	0.3 x	0.3 x	0.4 x	0.4 x
Financial Leverage	4.6 x	5.3 x	4.3 x	4.5 x	4.5 x	8.7 x	11.7 x	9.1 x

USD	FY, 2018	FY, 2019	FY, 2020
Net Income	(147.9m)	(81.9m)	(267.0m)
Depreciation and Amortization	96.4m	153.8m	206.1m
Accounts Receivable	(33.0m)	(108.7m)	(435.6m)
Accounts Payable	3.7m	32.3m	(12.8m)
Cash From Operating Activities	1.0b	1.1b	1.0b
Purchases of PP&E	(112.0m)	(131.2m)	(214.4m)
Cash From Investing Activities	(520.0m)	(1.8b)	288.0m
Long-term Borrowings		(477.4m)
Cash From Financing Activities	1.2b	(773.9m)	673.0m
Net Change in Cash	1.8b	(1.5b)	2.0b
Income Taxes Paid	11.2m	22.0m	17.2m

USD	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q1, 2021	Q2, 2021
Net Income	(38.3m)	(40.9m)	(61.1m)	(59.6m)	133.3m	(208.1m)	(92.2m)	(234.5m)
Depreciation and Amortization	32.5m	71.3m	111.6m	44.0m	92.4m	145.6m	58.0m	122.9m
Accounts Receivable	86.6m	53.9m	63.8m	83.9m	43.1m	(67.2m)	382.3m	398.7m
Accounts Payable	(800.0k)	(11.2m)	23.2m	(2.5m)	(17.3m)	(22.8m)	(17.7m)	(23.6m)
Cash From Operating Activities	252.3m	527.7m	824.1m	225.2m	532.1m	702.0m	534.9m	899.4m
Purchases of PP&E	(34.3m)	(57.8m)	(78.1m)	(47.2m)	(96.3m)	(182.6m)	(29.6m)	(61.7m)
Cash From Investing Activities	(713.1m)	(1.2b)	(1.4b)	244.5m	680.9m	955.6m	(886.2m)	(1.3b)
Long-term Borrowings	(275.0m)	(348.5m)	(348.5m)
Cash From Financing Activities	(261.8m)	(669.6m)	(637.8m)	(167.1m)	(173.2m)	(1.1b)	(464.5m)	(469.9m)
Net Change in Cash	(722.6m)	(1.4b)	(1.2b)	302.6m	1.0b	525.1m	(815.8m)	(841.1m)

	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 (Cloud and AI)									8 k		9 k
Customers to Date (Network Security)									73 k		78 k