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PANW

$382.49
$-13.23 (-3.34%)-3.34%
Open
Loading chart...
IndexN/A
Market Cap311.96B
Enterprise Value113.08B
Income$1.13B
Sales$9.22B
Employees15,758
P/E101.80
P/S12.47
P/B14.70
P/C33.15
EV/EBITDA58.26
EV/Sales59.35
EPS (ttm)3.76
Earnings2025-11-19
Gross Margin73.41%
Oper. Margin13.48%
Profit Margin12.30%
Volume3.20M
Shs Outstand0.81B
Change-3.34%
Dividend Est.N/A
Dividend Ex-DateN/A
Perf YTD4.62%
Perf Year5.96%
Perf 3Y164.31%
Perf 5Y209.31%
Perf 10Y654.56%
IPO2012-07-20
Income Statement by fiscal year, newest to oldest
MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Revenue$9.22B$8.03B$6.89B$5.50B$4.26B$3.41B$2.90B$2.27B
Cost of Revenue$2.45B$2.06B$1.91B$1.72B$1.27B$999.50M$808.40M$645.30M
Gross Profit$6.77B$5.97B$4.98B$3.78B$2.98B$2.41B$2.09B$1.63B
Gross Margin73.41%74.35%72.29%68.76%70.05%70.68%72.12%71.61%
Operating Expenses$5.53B$5.28B$4.60B$3.97B$3.29B$2.59B$2.15B$1.73B
Operating Income$1.24B$683.90M$387.30M$-188.80M$-304.10M$-179.00M$-54.10M$-104.20M
Operating Margin13.48%8.52%5.62%-3.43%-7.15%-5.25%-1.87%-4.58%
Net Income$1.13B$2.58B$439.70M$-267.00M$-498.90M$-267.00M$-81.90M$-147.90M
Net Margin12.30%32.11%6.38%-4.85%-11.72%-7.83%-2.82%-6.51%
EPS (Basic)$1.71$4.04$0.73$-0.45$-0.86$-0.46$-0.14$-0.27
EBITDA$1.94B$1.28B$869.00M$95.60M$-46.60M$59.50M$163.10M$20.70M
Stock Option Compensation Expense$1.30B$1.08B$1.07B$1.01B$894.50M$658.40M$567.70M$496.70M
Price To Earnings Ratio101.4340.21172.36-187.28-77.11-92.87-261.42-122.91
Price To Sales RatioN/AN/AN/AN/AN/AN/AN/AN/A
Shares OutstandingN/AN/AN/AN/AN/AN/AN/AN/A
Market Capitalization$115.01B$103.66B$75.79B$50.00B$38.47B$24.80B$21.41B$18.18B
Balance Sheet by fiscal year, newest to oldest
MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Cash & Short Term InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Short Term ReceivablesN/AN/AN/AN/AN/AN/AN/AN/A
InventoriesN/AN/AN/AN/AN/AN/AN/AN/A
Other Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Net Property, Plant & EquipmentN/AN/AN/AN/AN/AN/AN/AN/A
Total Investments and AdvancesN/AN/AN/AN/AN/AN/AN/AN/A
Long-Term Note ReceivableN/AN/AN/AN/AN/AN/AN/AN/A
Intangible AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Other AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Assets$23.58B$19.99B$14.50B$12.25B$10.24B$9.07B$6.59B$5.82B
Short Term Debt Incl. Current Port. of LT DebtN/AN/AN/AN/AN/AN/AN/AN/A
Accounts PayableN/AN/AN/AN/AN/AN/AN/AN/A
Income Tax PayableN/AN/AN/AN/AN/AN/AN/AN/A
Other Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Provision for Risks ChargesN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Other LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Liabilities$15.75B$14.82B$12.75B$12.04B$9.48B$7.96B$5.01B$4.83B
Non-Equity ReservesN/AN/AN/AN/AN/AN/AN/AN/A
Preferred Stock - Carrying ValueN/AN/AN/AN/AN/AN/AN/AN/A
Common EquityN/AN/AN/AN/AN/AN/AN/AN/A
Total Shareholders Equity$7.82B$5.17B$1.75B$210.00M$763.60M$1.10B$1.59B$988.30M
Accumulated Minority InterestN/AN/AN/AN/AN/AN/AN/AN/A
Total Equity$7.82B$5.17B$1.75B$210.00M$763.60M$1.10B$1.59B$988.30M
Total Liabilities & Stockholders Equity$23.58B$19.99B$14.50B$12.25B$10.24B$9.07B$6.59B$5.82B
Book Value Per Share$11.81$8.10$2.88$0.36$1.32$1.90$2.80$1.80
Tangible Book Value Per Share$3.77$2.26$-2.46$-4.94$-4.23$-1.84$-0.08$0.59
Full-Time EmployeesN/AN/AN/AN/AN/AN/AN/AN/A
Price to Book RatioN/AN/AN/AN/AN/AN/AN/AN/A
Return on Assets4.81%12.89%3.03%-2.18%-4.87%-2.95%-1.24%-2.54%
Return on Equity14.49%49.86%25.15%-127.14%-65.34%-24.23%-5.16%-14.97%
Return on Invested Capital5.67%5.15%3.43%-2.48%-4.55%-2.81%-1.19%-2.46%
Quick Ratio0.890.890.780.770.911.911.781.93
Current Ratio0.890.890.780.770.911.911.781.93
Cash Flow by fiscal year, newest to oldest
MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Net Income$1.13B$2.58B$439.70M$-267.00M$-498.90M$-267.00M$-81.90M$-147.90M
Depreciation$343.40M$283.30M$282.20M$282.60M$260.40M$206.10M$153.80M$96.40M
Other Funds (Non Cash)N/AN/AN/AN/AN/AN/AN/AN/A
Funds from OperationsN/AN/AN/AN/AN/AN/AN/AN/A
Extraordinary ItemN/AN/AN/AN/AN/AN/AN/AN/A
Changes in Working CapitalN/AN/AN/AN/AN/AN/AN/AN/A
Income Taxes PayableN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Operating Activities$3.72B$3.26B$2.78B$1.98B$1.50B$1.04B$1.06B$1.04B
Capital Expenditures$246.20M$156.80M$146.30M$192.80M$116.00M$214.40M$131.20M$112.00M
Net Assets From AcquisitionsN/AN/AN/AN/AN/AN/AN/AN/A
Sale of Fixed Assets and BusinessesN/AN/AN/AN/AN/AN/AN/AN/A
Purchase or Sale of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Purchase of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Sale Or Maturity of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Other UsesN/AN/AN/AN/AN/AN/AN/AN/A
Other SourcesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Investing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Cash Dividends Paid$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Change in Capital StockN/AN/AN/AN/AN/AN/AN/AN/A
Repurchase of Common Pref Stock$0.00$566.70M$272.70M$892.30M$1.18B$1.20B$330.00M$259.10M
Sale of Common Pref StockN/AN/AN/AN/AN/AN/AN/AN/A
Proceeds from Stock OptionsN/AN/AN/AN/AN/AN/AN/AN/A
Issuance or Reduction of Debt, NetN/AN/AN/AN/AN/AN/AN/AN/A
Change in Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Issuance of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Reduction of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Net Financing Active Other Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A
Other Financing Activities UsesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Financing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Exchange Rate EffectN/AN/AN/AN/AN/AN/AN/AN/A
Net Change in CashN/AN/AN/AN/AN/AN/AN/AN/A
Free Cash Flow$3.47B$3.10B$2.63B$1.79B$1.39B$821.30M$924.40M$925.00M
Preferred Dividends (Cash Flow)N/AN/AN/AN/AN/AN/AN/AN/A
Price to Free Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A

Company coverage

Latest news

20 stories
Aug 9 · 3:34PMPalo Alto Networks Is Worth Nearly $300 Billion. A Year Ago It Was Worth About $113 Billion.The Motley Fool ↗Aug 8 · 7:54AMThe AI Trade Rotation: Money Is Moving Out of Chips and Into ThisThe Motley Fool ↗Jul 30 · 5:23PMMeet the Spectacular ETF With Big Positions in Stocks Like Palantir, Microsoft, and Salesforce. It Could be a Brilliant Buy as the AI Trade Unwinds.The Motley Fool ↗Jul 20 · 7:00AMCribl acquiert CardinalOps pour étendre sa plateforme d'IA aux opérations de sécuritéGlobeNewswire Inc. ↗Jul 8 · 10:04PMWhy Did Palo Alto Networks Stock Drop Today?The Motley Fool ↗Jul 7 · 12:30AMShould You Buy CrowdStrike After Its Recent Stock Split? The Answer Might Surprise You.The Motley Fool ↗Jun 22 · 12:15PMThis Surprising Cybersecurity Threat Could Unlock Huge UpsideThe Motley Fool ↗Jun 17 · 12:45PMThe Quiet Race to Rewire the World's Encryption Before Quantum Computers Break ItBenzinga ↗
Show 12 more stories↓
Jun 17 · 12:00PMIntrado Launches Portfolio of AI-Enabled Solutions for Next Generation Emergency Communications ModernizationGlobeNewswire Inc. ↗Jun 14 · 8:05PMThe Invisible Layer Protecting the World's Biggest CompaniesThe Motley Fool ↗Jun 12 · 4:17PMThe AI Boom Has a Hidden Winner—And It’s Not NvidiaInvesting.com ↗Jun 12 · 10:00AMCloud Security Posture Management Market Expected to Reach USD 15.62 Billion by 2035 | SNS InsiderGlobeNewswire Inc. ↗Jun 9 · 8:15PMDown 14%, Is It Time to Buy CrowdStrike Stock? The Answer Might Surprise You.The Motley Fool ↗Jun 9 · 6:11PMIs Now the Right Time to Buy the Commvault Dip?The Motley Fool ↗Jun 9 · 11:01AM3 Stocks With Fresh Catalysts to Watch Before July 4Investing.com ↗Jun 9 · 10:35AMFortinet's 74% Surge Since April Is Attracting Attention, but Is It Sustainable?The Motley Fool ↗Jun 7 · 12:33PMConsumer Tech News (June 1-3): AI Demand Surge Prompts Big Earnings Beat, AI Can Steal Jobs & MoreBenzinga ↗Jun 5 · 7:33PMIs Palo Alto Stock a Buy After Issuing Robust Outlook?The Motley Fool ↗Jun 5 · 2:14PMAs AI Data Breaches Become More Common, This Cybersecurity ETF Is SurgingInvesting.com ↗Jun 5 · 8:33AMThis Glorious Growth Stock Soared by 55% in May, but Here's Why It Probably Isn't a Buy in JuneThe Motley Fool ↗

Insider Trading

View All
Insider
Type
Shares
Price
Value
Date
Paul Josh D.
F
3.9K
$331.83
$1.3M
Aug 1, 26
Thorning-Schmidt Helle
Sell
700
$346.85
$243K
Jul 7, 26
HELLE THORNING-SCHMIDT
Sell
700
$346.85
$243K
Jul 7, 26
Bawa Aparna
Sell
290
$348.74
$101K
Jul 1, 26
Paul Josh D.
Sell
900
$345.00
$311K
Jul 1, 26

Company

CEO: Nikesh AroraEmployees: 21491www.paloaltonetworks.com
About the company↓

Palo Alto Networks, Inc. is a global leader in providing advanced cybersecurity solutions. The company's core product line includes both hardware and software-based firewalls. It also offers Panorama, a sophisticated security management platform designed for centralized control of these firewall deployments, whether they are physical appliances, virtual instances, or situated in public or private cloud environments. Additionally, the firm provides virtual system upgrades to enhance the capacity of its physical firewall units. Complementing its core products, Palo Alto Networks delivers an extensive range of subscription services. These encompass robust threat prevention, protection against malware and advanced persistent threats, URL filtering, and security for both laptop and mobile devices. Further specialized subscriptions include DNS security, Internet of Things (IoT) security, SaaS security (via API and inline methods), threat intelligence, and data loss prevention. Beyond its product and subscription offerings, the company extends various expert services, such as cloud security, secure access solutions, security analytics and automation tools, and specialized cybersecurity consulting, often integrated with threat intelligence. Its professional services cover critical areas like architectural design and planning, system implementation, configuration, and seamless firewall migration. Educational resources, including certifications and both online and in-classroom training, are also available, alongside comprehensive support services. Palo Alto Networks distributes its security solutions both directly and through an extensive network of channel partners. Its diverse clientele primarily comprises medium to large-scale enterprises, service providers, and governmental organizations across a wide array of industries. These sectors include education, energy, financial services, healthcare, internet and media, manufacturing, the broader public sector, and telecommunications. Established in 2005, Palo Alto Networks maintains its corporate headquarters in Santa Clara, California.

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The Intraday Markets

© 2026 The Intraday. All rights reserved.

Market data may be delayedFor informational purposes onlyFMP · Massive · SEC

Why it moved over time

Catalyst history

2 entries
Aug 11, 2026
Earnings+4.95%

Palo Alto Networks reported fiscal third-quarter revenue of $3.0 billion, up 31% year-over-year, and next-generation security ARR up 60%, signaling accelerating growth that likely prompted investor reappraisal.

Key fact: Fiscal Q3 revenue $3.0B (+31% YoY); next-generation security ARR $8.1B (+60% YoY; +28% ex-acquisitions).

fool.com: Palo Alto Networks Is Worth Nearly $300 Billion. A Year Ago It Was Worth About $113 Billion.↗
Aug 10, 2026
Earnings+1.22%

Palo Alto Networks reported fiscal Q3 revenue of $3.0 billion and next-generation security ARR up 60% to $8.1 billion, a strong-results catalyst likely drawing investor focus ahead of upcoming results.

Key fact: Fiscal Q3 revenue rose 31% year-over-year to $3.0 billion; next-generation security ARR grew 60% year-over-year to $8.1 billion.

fool.com: Palo Alto Networks Is Worth Nearly $300 Billion. A Year Ago It Was Worth About $113 Billion.↗