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

Palo Alto Networks market cap is $50.4 b, and annual revenue was $4.26 b in FY 2021

$50.4 B

PANW Mkt cap, 26-May-2022

$1.4 B

Palo Alto Networks Revenue Q3, 2022
Palo Alto Networks Gross profit (Q3, 2022)946.2 M
Palo Alto Networks Gross profit margin (Q3, 2022), %68.2%
Palo Alto Networks Net income (Q3, 2022)-73.2 M
Palo Alto Networks EBIT (Q3, 2022)-47.6 M
Palo Alto Networks Cash, 31-Jan-20221.9 B
Palo Alto Networks EV52.4 B
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Palo Alto Networks Revenue

Palo Alto Networks revenue was $4.26 b in FY, 2021 which is a 24.9% 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: 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 Income Statement

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

Gross profit Margin, %

87%73%72%71%70%

Sales and marketing expense

776.0m919.1m1.3b1.5b1.8b

R&D expense

284.2m347.4m539.5m768.1m1.1b

General and administrative expense

138.4m198.3m261.8m299.6m391.1m

Operating expense total

1.2b1.5b2.1b2.6b3.3b

EBIT

(190.1m)(179.8m)(54.1m)(179.0m)(304.1m)

EBIT margin, %

(14%)(10%)(2%)(5%)(7%)

Interest expense

23.4m24.5m83.9m88.7m163.3m

Pre tax profit

(205.1m)(194.1m)(74.6m)(231.8m)(465.0m)

Income tax expense

20.8m22.5m7.3m35.2m33.9m

Net Income

(225.9m)(216.6m)(81.9m)(267.0m)(498.9m)

EPS

(2.4)(0.9)(2.8)(5.2)

Palo Alto Networks Balance Sheet

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

PP&E

296.0m348.1m318.4m

Goodwill

1.4b1.8b2.7b

Total Assets

6.6b9.1b10.2b

Accounts Payable

73.3m63.6m56.9m

Short-term debt

1.6b

Current Liabilities

2.1b2.7b5.1b

Long-term debt

1.4b3.4b2.0b

Total Debt

1.4b3.4b2.0b

Total Liabilities

5.0b8.0b9.6b

Additional Paid-in Capital

2.5b2.3b2.3b

Retained Earnings

(900.9m)(1.2b)(1.7b)

Total Equity

1.6b1.1b634.5m

Debt to Equity Ratio

0.9 x3.1 x3.1 x

Debt to Assets Ratio

0.2 x0.4 x0.2 x

Financial Leverage

4.2 x8.2 x16.1 x

Palo Alto Networks Cash Flow

Annual

USDFY, 2019FY, 2020FY, 2021

Net Income

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

Depreciation and Amortization

153.8m206.1m260.4m

Accounts Receivable

(108.7m)(435.6m)(172.4m)

Accounts Payable

32.3m(12.8m)(11.8m)

Cash From Operating Activities

1.1b1.0b1.5b

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

22.0m17.2m24.9m

Palo Alto Networks Ratios

USDFY, 2016

Revenue/Employee

363.2k

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

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)

150150150150150150170170170170170170170

Customers (Cortex)

1 k1.59 k1.91 k2.18 k2.62 k2.86 k3.23 k

Customers (Prisma Cloud)

1.5 k1.8 k1.33 k1.42 k1.53 k1.67 k1.72 k1.81 k

Customers (Prisma SASE)

1.08 k1.22 k1.41 k1.64 k1.81 k1.98 k

Customers (Strata)

1 k1.64 k

Customers to Date

59 k62 k70 k73 k75 k80 k82 k85 k

Customers to Date (Cloud and AI)

8 k9 k9 k10 k

Customers to Date (Network Security)

73 k78 k80 k83 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 Human Capital

Ethnicity

FY, 2021Oct, 2020
Hispanic (USA), percent6.7%6.7%
Asian (USA), percent38.3%38.3%
White (USA), percent47.7%47.7%
Other7.3%7.3%

Gender

FY, 2021Oct, 2020
Male (Managers), percent18.8%
Female (Managers), percent6.2%
Male (Technical Staff), percent20.5%
Male (Directors), percent19.6%39.3%
Female (Directors), percent5.4%10.8%
Male, percent18.8%38.2%
Female, percent6.2%11.8%
Other4.5%

Palo Alto Networks Employee Rating

41280 votes
Culture & Values
3.3
Work/Life Balance
3.2
Senior Management
3.1
Salary & Benefits
4
Career Opportunities
3.4
Source