Palo Alto Networks Inc
Ticker: PANWIndustrialsIndustrial MachineryS&P 500The business
Palo Alto Networks, Inc. (NASDAQ: PANW) is a global cybersecurity provider headquartered in Santa Clara, California, with a mission to be the cybersecurity partner of choice for enterprises, organizations, service providers, and government entities. The company's website is www.paloaltonetworks.com.
The company operates through three primary business segments: Network Security, Security Operations, and Threat Intelligence and Advisory Services. Network Security encompasses Secure Access Service Edge solutions including Prisma Access and Prisma SD-WAN, next-generation firewalls for both hardware and cloud environments, cloud-delivered security services such as Advanced Threat Prevention and Advanced WildFire, and management solutions like Strata Cloud Manager. Security Operations includes the AI-powered Cortex platform, which consolidates security information and event management, endpoint detection and response, security orchestration and automation, attack surface management, and cloud security capabilities into unified offerings. Threat Intelligence and Advisory Services comprises customer support, incident response, security consulting through the Unit 42 division, and professional services.
As of July 31, 2025, Palo Alto Networks employed 16,068 people globally and maintained more than 8,500 channel partners through its NextWave Channel Partner program. The company serves enterprises, service providers, and government entities across industries including education, energy, financial services, healthcare, manufacturing, and telecommunications. No single customer accounted for more than ten percent of total revenue in fiscal 2025.
The company distributes its products and services primarily through an indirect two-tier channel model involving distributors and resellers, with forty-four percent of fiscal 2025 revenue derived from three major distributors. Additionally, Palo Alto Networks sells virtual firewalls and cloud offerings through major cloud marketplaces including AWS, Microsoft Azure, Google Cloud, and Oracle Cloud.
The company's strategy centers on platformization, consolidating disparate point products into tightly integrated architectures powered by artificial intelligence and automation. Recent acquisitions include QRadar assets from IBM in August 2024 and Protect AI in July 2025, with a definitive agreement to acquire CyberArk Software Ltd. pending completion in fiscal 2026. Manufacturing is outsourced to third-party partners, with all hardware products assembled in the United States.
- Sector
- Industrials
- Industry
- Industrial Machinery
- HQ
- SANTA CLARA, CA
- FY end
- 07-31
- CIK
- 1327567
- SIC
- 3577
Ownership
Who holds Palo Alto Networks Inc — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30
Top fund holders
| Fund | % of fund | Value |
|---|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND VTI · VANGUARD INDEX FUNDS | 0.38% | $8.83B |
| VANGUARD 500 INDEX FUND VOO · VANGUARD INDEX FUNDS | 0.43% | $7.17B |
| Invesco QQQ Trust, Series 1 QQQ | 1.21% | $5.91B |
| iShares Core S&P 500 ETF IVV · iShares Trust | 0.43% | $3.80B |
| State Street(R) SPDR(R) S&P 500(R) ETF Trust SPY | 0.43% | $3.35B |
Superinvestors in Palo Alto Networks Inc
Share of each manager's reported 13F portfolio.
Bonds held by funds
Funds report holding 2 issues of Palo Alto Networks Inc's debt, $291.95M at fund-held market value — what funds hold, not the company's debt outstanding.
| Issue | Coupon | Matures | Funds | Fund-held |
|---|---|---|---|---|
| CyberArk Software Ltd | 0.000%None | 2030-06-15 | 19 | $202.79M |
| CyberArk Software Ltd. | 0.000%None | 2030-06-15 | 23 | $89.17M |
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
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