Financial Snapshot

Revenue
$8.028B
TTM
Gross Margin
74.37%
TTM
Net Earnings
$2.578B
TTM
Current Assets
$6.850B
Q3 2024
Current Liabilities
$7.683B
Q3 2024
Current Ratio
89.16%
Q3 2024
Total Assets
$19.99B
Q3 2024
Total Liabilities
$14.82B
Q3 2024
Book Value
$5.170B
Q3 2024
Cash
$1.535B
Q3 2024
P/E
43.82
Sep 13, 2024 EST
Free Cash Flow
$3.101B
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $8.028B $6.893B $5.502B $4.256B $3.408B $2.900B $2.273B $1.762B $1.379B $928.1M $598.2M $396.1M $255.1M $118.6M $48.80M $13.40M $3.100M
YoY Change 16.46% 25.29% 29.26% 24.87% 17.55% 27.56% 29.04% 27.79% 48.53% 55.15% 51.02% 55.25% 115.13% 143.03% 264.18% 332.26% 3000.0%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $8.028B $6.893B $5.502B $4.256B $3.408B $2.900B $2.273B $1.762B $1.379B $928.1M $598.2M $396.1M $255.1M $118.6M $48.80M $13.40M $3.100M
Cost Of Revenue $2.059B $1.910B $1.719B $1.275B $999.5M $808.4M $645.1M $476.4M $370.0M $251.5M $159.6M $109.8M $70.55M $32.27M $15.60M $6.300M $2.900M
Gross Profit $5.968B $4.983B $3.783B $2.981B $2.409B $2.091B $1.629B $1.279B $1.009B $676.6M $438.6M $286.4M $184.6M $86.32M $33.10M $7.100M $300.0K
Gross Profit Margin 74.35% 72.29% 68.76% 70.05% 70.68% 72.12% 71.64% 72.59% 73.16% 72.9% 73.32% 72.29% 72.35% 72.79% 67.83% 52.99% 9.68%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Selling, General & Admin $3.475B $2.992B $2.554B $2.145B $1.820B $1.606B $1.332B $1.097B $881.6M $590.6M $407.9M $242.5M $142.1M $75.36M $41.00M $17.90M $9.300M
YoY Change 16.15% 17.14% 19.07% 17.86% 13.33% 20.56% 21.41% 24.44% 49.27% 44.79% 68.21% 70.62% 88.59% 83.81% 129.05% 92.47% 200.0%
% of Gross Profit 58.22% 60.04% 67.51% 71.95% 75.54% 76.79% 81.79% 85.8% 87.42% 87.29% 93.0% 84.68% 77.0% 87.3% 123.87% 252.11% 3100.0%
Research & Development $1.809B $1.604B $1.418B $1.140B $768.1M $539.5M $400.7M $347.4M $284.2M $185.8M $104.8M $62.48M $38.57M $21.37M $12.80M $8.200M $7.500M
YoY Change 12.81% 13.14% 24.32% 48.47% 42.37% 34.64% 15.34% 22.24% 52.96% 77.29% 67.73% 62.0% 80.52% 66.92% 56.1% 9.33% 15.38%
% of Gross Profit 30.32% 32.19% 37.48% 38.25% 31.89% 25.8% 24.61% 27.17% 28.18% 27.46% 23.89% 21.82% 20.9% 24.75% 38.67% 115.49% 2500.0%
Depreciation & Amortization $283.3M $282.2M $282.6M $260.4M $206.1M $153.8M $96.40M $59.80M $42.80M $28.90M $19.40M $9.892M $6.134M $2.189M $1.100M $1.200M
YoY Change 0.39% -0.14% 8.53% 26.35% 34.01% 59.54% 61.2% 39.72% 48.1% 48.97% 96.12% 61.27% 180.22% 99.0% -8.33%
% of Gross Profit 4.75% 5.66% 7.47% 8.73% 8.56% 7.35% 5.92% 4.68% 4.24% 4.27% 4.42% 3.45% 3.32% 2.54% 3.32% 16.9%
Operating Expenses $5.284B $4.596B $3.972B $3.285B $2.588B $2.145B $1.733B $1.445B $1.166B $776.4M $653.9M $305.0M $180.7M $96.73M $53.80M $26.10M $16.70M
YoY Change 14.99% 15.71% 20.89% 26.95% 20.63% 23.81% 19.95% 23.91% 50.15% 18.73% 114.41% 68.78% 86.81% 79.79% 106.13% 56.29% 72.16%
Operating Profit $683.9M $387.3M -$188.8M -$304.1M -$179.0M -$54.10M -$104.2M -$165.8M -$157.3M -$99.80M -$215.3M -$18.62M $3.891M -$10.40M -$20.70M -$19.00M -$16.40M
YoY Change 76.58% -305.14% -37.92% 69.89% 230.87% -48.08% -37.15% 5.4% 57.62% -53.65% 1056.22% -578.57% -137.4% -49.74% 8.95% 15.85% 64.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Interest Expense -$8.300M -$27.20M -$27.40M $163.3M $88.70M $83.90M $29.60M $24.50M $23.40M $22.30M $1.900M $74.00K $36.00K $0.00 $0.00 $100.0K $400.0K
YoY Change -69.49% -0.73% -116.78% 84.1% 5.72% 183.45% 20.82% 4.7% 4.93% 1073.68% 2467.57% 105.56% -100.0% -75.0% 100.0%
% of Operating Profit -1.21% -7.02% 0.93%
Other Income/Expense, Net $312.7M $206.2M $9.000M -$700.0K $1.200M -$2.900M $28.50M $10.20M $8.400M $200.0K -$5.000M $39.00K -$1.056M -$1.651M -$400.0K $0.00 $0.00
YoY Change 51.65% 2191.11% -1385.71% -158.33% -141.38% -110.18% 179.41% 21.43% 4100.0% -104.0% -12920.51% -103.69% -36.04% 312.75%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Pretax Income $988.3M $566.3M -$207.2M -$465.0M -$231.8M -$74.60M -$105.3M -$180.1M -$172.3M -$21.30M -$149.3M $5.198M $1.646M -$12.65M -$21.10M -$19.00M -$16.20M
YoY Change 74.52% -373.31% -55.44% 100.6% 210.72% -29.15% -41.53% 4.53% 708.92% -85.73% -2972.26% 215.8% -113.01% -40.03% 11.05% 17.28% 67.01%
Income Tax -$1.589B $126.6M $59.80M $33.90M $35.20M $7.300M $16.90M $22.90M $20.40M $9.400M $4.300M $10.59M $2.062M $476.0K $100.0K $0.00 $0.00
% Of Pretax Income -160.81% 22.36% 203.73% 125.27%
Net Earnings $2.578B $439.7M -$267.0M -$498.9M -$267.0M -$81.90M -$122.2M -$203.0M -$192.7M -$131.3M -$226.5M -$29.25M $737.0K -$12.53M -$21.10M -$19.00M -$16.20M
YoY Change 486.22% -264.68% -46.48% 86.85% 226.01% -32.98% -39.8% 5.35% 46.76% -42.03% 674.46% -4068.25% -105.88% -40.63% 11.05% 17.28% 67.01%
Net Earnings / Revenue 32.11% 6.38% -4.85% -11.72% -7.83% -2.82% -5.38% -11.52% -13.98% -14.15% -37.86% -7.38% 0.29% -10.56% -43.24% -141.79% -522.58%
Basic Earnings Per Share $8.07 $1.45 -$2.71 -$5.18 -$2.76 -$0.87
Diluted Earnings Per Share $7.28 $1.29 -$2.711M -$5.18 -$2.76 -$0.87 -$1.333M -$2.241M -$2.212M -$1.609M -$3.048M -$425.0K $35.71K -$201.9K -$340.9K -$306.9K -$261.7K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Cash & Short-Term Investments $2.579B $2.390B $3.635B $2.901B $3.748B $2.803B $3.403B $1.375B $1.286B $789.0M $772.5M $419.6M $322.6M $40.50M $18.80M
YoY Change 7.9% -34.24% 25.28% -22.59% 33.7% -17.64% 147.52% 6.95% 62.94% 2.14% 84.1% 30.07% 696.54% 115.43%
Cash & Equivalents $1.535B $1.135B $2.119B $1.874B $2.958B $961.4M $2.507B $744.3M $734.4M $375.8M $653.8M $310.6M $322.6M $40.50M $18.80M
Short-Term Investments $1.044B $1.255B $1.516B $1.027B $789.8M $1.842B $896.5M $630.7M $551.2M $413.2M $118.7M $109.0M
Other Short-Term Assets $926.4M $806.0M $637.9M $505.8M $344.3M $279.3M $268.1M $169.2M $139.7M $72.70M $50.30M $22.60M $13.40M $6.700M $2.500M
YoY Change 14.94% 26.35% 26.12% 46.91% 23.27% 4.18% 58.45% 21.12% 92.16% 44.53% 122.57% 68.66% 100.0% 168.0%
Inventory
Prepaid Expenses
Receivables $2.619B $2.463B $2.143B $1.240B $1.037B $582.4M $467.0M $432.1M $348.7M $212.4M $135.5M $87.50M $45.60M $29.70M $14.20M
Other Receivables $725.9M $388.8M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $6.850B $6.048B $6.415B $4.647B $5.129B $3.665B $4.139B $1.976B $1.774B $1.074B $958.3M $529.7M $381.7M $76.80M $35.70M
YoY Change 13.26% -5.72% 38.03% -9.4% 39.96% -11.45% 109.41% 11.4% 65.18% 12.07% 80.91% 38.77% 397.01% 115.13%
Property, Plant & Equipment $747.0M $617.8M $599.8M $581.3M $606.8M $296.0M $273.1M $211.1M $117.2M $62.90M $48.70M $32.10M $21.00M $12.70M $1.800M
YoY Change 20.91% 3.0% 3.18% -4.2% 105.0% 8.39% 29.37% 80.12% 86.33% 29.16% 51.71% 52.86% 65.35% 605.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.173B $3.048B $1.052B $888.3M $554.4M $575.4M $547.5M $789.3M $652.8M $538.8M $201.9M $17.30M
YoY Change 36.92% 189.75% 18.42% 60.23% -3.65% 5.1% -30.63% 20.91% 21.16% 166.86% 1067.05%
Other Assets $3.314B $891.9M $1.055B $916.0M $603.9M $423.1M $326.2M $169.1M $106.7M $73.30M $66.50M $5.100M $5.200M $1.700M $600.0K
YoY Change 271.56% -15.44% 15.15% 51.68% 42.73% 29.71% 92.9% 58.48% 45.57% 10.23% 1203.92% -1.92% 205.88% 183.33%
Total Long-Term Assets $13.14B $8.453B $5.839B $5.594B $3.936B $2.927B $1.810B $1.462B $1.084B $891.2M $520.2M $55.90M $26.10M $14.40M $2.400M
YoY Change 55.46% 44.78% 4.37% 42.12% 34.46% 61.7% 23.83% 34.85% 21.66% 71.32% 830.59% 114.18% 81.25% 500.0%
Total Assets $19.99B $14.50B $12.25B $10.24B $9.065B $6.592B $5.949B $3.438B $2.858B $1.965B $1.479B $585.6M $407.8M $91.20M $38.10M
YoY Change
Accounts Payable $116.3M $132.3M $128.0M $56.90M $63.60M $73.30M $49.40M $35.50M $30.20M $13.20M $14.50M $15.50M $9.200M $5.400M $2.700M
YoY Change -12.09% 3.36% 124.96% -10.53% -13.23% 48.38% 39.15% 17.55% 128.79% -8.97% -6.45% 68.48% 70.37% 100.0%
Accrued Expenses $1.061B $939.1M $860.3M $760.0M $579.0M $397.9M $288.3M $197.4M $112.7M $108.1M $73.70M $33.10M $22.80M $13.50M $9.400M
YoY Change 13.02% 9.16% 13.2% 31.26% 45.51% 38.02% 46.05% 75.16% 4.26% 46.68% 122.66% 45.18% 68.89% 43.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $963.9M $1.992B $3.677B $1.558B $0.00 $550.4M $487.1M $0.00
YoY Change -51.6% -45.84% 136.01% -100.0%
Total Short-Term Liabilities $7.683B $7.738B $8.306B $5.117B $2.692B $2.053B $2.102B $1.201B $846.8M $1.032B $348.2M $206.1M $122.0M $67.10M $28.70M
YoY Change -0.71% -6.85% 62.34% 90.09% 31.09% -2.3% 74.95% 41.86% -17.96% 196.44% 68.95% 68.93% 81.82% 133.8%
Long-Term Debt $0.00 $0.00 $0.00 $1.668B $3.084B $1.430B $1.370B $524.7M $500.2M $0.00 $466.9M $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -45.91% 115.67% 4.4% 161.04% 4.9% -100.0%
Other Long-Term Liabilities $6.751B $5.015B $3.737B $2.822B $2.188B $1.523B $1.317B $952.7M $616.3M $445.1M $194.8M $107.1M $56.70M $31.00M $10.60M
YoY Change 34.61% 34.19% 32.42% 29.0% 43.69% 15.59% 38.26% 54.58% 38.46% 128.49% 81.89% 88.89% 82.9% 192.45%
Total Long-Term Liabilities $6.751B $5.015B $3.737B $4.490B $5.272B $2.953B $2.687B $1.477B $1.117B $445.1M $661.7M $107.1M $56.70M $31.00M $10.60M
YoY Change 34.61% 34.19% -16.77% -14.82% 78.55% 9.89% 81.87% 32.32% 150.84% -32.73% 517.83% 88.89% 82.9% 192.45%
Total Liabilities $14.82B $12.75B $12.04B $9.607B $7.964B $5.006B $4.789B $2.679B $1.963B $1.477B $1.010B $313.2M $178.7M $98.10M $39.30M
YoY Change 16.22% 5.89% 25.36% 20.64% 59.08% 4.54% 78.77% 36.44% 32.9% 46.28% 222.45% 75.27% 82.16% 149.62%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Basic Shares Outstanding 319.2M shares 303.2M shares 98.50M shares 96.40M shares 96.90M shares 94.50M shares
Diluted Shares Outstanding 354.0M shares 342.3M shares 98.50M shares 96.40M shares 96.90M shares 94.50M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $112.95 Billion

About Palo Alto Networks Inc

Palo Alto Networks, Inc. engages in the provision of network security solutions to enterprises, service providers, and government entities. The company is headquartered in Santa Clara, California and currently employs 15,166 full-time employees. The company went IPO on 2012-07-20. The firm's cybersecurity platforms and services help secure enterprise users, networks, clouds and endpoints by delivering cybersecurity backed by artificial intelligence and automation. The company focuses on delivering value in four areas: Network Security, Cloud Security, Security Operations and Threat Intelligence and Security Consulting. Its network security platform delivers complete zero trust solutions to its customers. The company enables cloud-native security through its Prisma Cloud platform. Its Cloud Native Application Protection Platform (CNAPP), Prisma Cloud, secures multi-and hybrid-cloud environments for applications, data and the entire cloud native technology stack across the full development lifecycle, from code to runtime. The company delivers security automation, security analytics, endpoint security and attack surface management solutions through its Cortex portfolio. The company also provides data security posture management (DSPM).

Industry: Computer Peripheral Equipment, NEC Peers: Microsoft Corp CrowdStrike Holdings Inc Fortinet Inc McAfee Corp. Gen Digital Inc Oracle Corp ServiceNow Inc VMWARE LLC Zscaler Inc