Palo Alto Networks Inc

10-K & 10-Q Filings

Palo Alto Networks, Inc. is a global cybersecurity provider based in Santa Clara, California. The company's vision is to make each day safer and more secure. Palo Alto Networks offers a range of cybersecurity solutions, including network security, cloud security, security operations, and threat intelligence and security consulting. Their products and services help secure enterprise users, networks, clouds, and endpoints using artificial intelligence and automation. The company's offerings include hardware and software firewalls, SD-WAN, Panorama, cloud-delivered security services, and various subscriptions such as SaaS Security API, SaaS Security Inline, GlobalProtect, Enterprise DLP, and AIOps. Their cloud security platform, Prisma Cloud, secures multi- and hybrid-cloud environments for applications, data, and the entire cloud native technology stack. Palo Alto Networks' website is www.paloaltonetworks.com, and their ticker symbol is PANW.

12 mos ending Jul 31, 201312 mos ending Jul 31, 201412 mos ending Jul 31, 201512 mos ending Jul 31, 201612 mos ending Jul 31, 201712 mos ending Jul 31, 201812 mos ending Jul 31, 201912 mos ending Jul 31, 202012 mos ending Jul 31, 202112 mos ending Jul 31, 202212 mos ending Jul 31, 20236 mos ending Jan 31, 20236 mos ending Jan 31, 2024CAGR %YoY %Revenue (+)
$396.11
598.18
928.05
1378.50
1761.60
2273.10
2899.60
3408.40
4256.10
5501.50
6892.70
3218.50
3853.20
33.06%19.72%Cost of Revenue (-)
$109.76
159.63
251.50
370.00
476.60
645.30
808.40
999.50
1274.90
1718.70
1909.70
928.10
971.90
33.06%4.72%Gross Profit (+)
$286.35
438.55
676.55
1008.50
1285.00
1627.80
2091.20
2408.90
2981.20
3782.80
4983.00
2290.40
2881.30
33.06%25.80%Selling, General & Administrative (-)
$242.49
407.91
624.26
914.40
1117.40
1356.20
1605.80
1819.80
2144.90
2553.90
2991.70
1459.40
1755.10
28.56%20.26%Research & Development (-)
$62.48
104.81
185.83
284.20
347.40
400.70
539.50
768.10
1140.40
1417.70
1604.00
775.90
857.40
38.34%10.50%Non-recurring Operating Expenses (-)
$
Operating Expenses (-)
$304.97
653.90
810.09
1198.60
1464.80
1756.90
2145.30
2587.90
3285.30
3971.60
4595.70
2235.30
2612.50
31.16%16.87%Costs & Expenses (Total) (-)
$414.73
813.53
1061.59
1568.60
1941.40
2402.20
2953.70
3587.40
4560.20
5690.30
6505.40
3163.40
3584.40
31.69%13.31%Operating Income/Loss (+)
$-18.62
-215.35
-133.54
-190.10
-179.80
-129.10
-54.10
-179.00
-304.10
-188.80
387.30
55.10
268.80
387.84%Non-operating Income/Expense (+)
$-0.04
-4.93
0.28
8.40
10.20
28.50
Interest Expense (-)
$
1.88
22.32
23.40
24.50
29.60
83.90
88.70
163.30
27.40
27.20
13.70
5.70
-58.39%Earnings before Tax (+)
$-18.66
-222.16
-155.58
-205.10
-194.10
-130.20
-74.60
-231.80
-465.00
-207.20
566.30
118.80
418.10
251.94%Tax Expense (-)
$10.59
4.29
9.40
20.80
22.50
17.70
7.30
35.20
33.90
59.80
126.60
14.60
-1523.00
28.16%-10531.51%Income/Loss (Continuing Operations) (+)
$-29.25
-226.45
-164.98
-225.90
-216.60
-147.90
-81.90
-267.00
-498.90
-267.00
439.70
104.20
1941.10
1762.86%Net Income/Loss (+)
$-29.25
-226.45
-164.98
-225.90
-216.60
-147.90
-81.90
-267.00
-498.90
-267.00
439.70
104.20
1941.10
1762.86%Net Income/Loss (Common) (+)
$-29.25
-226.45
-164.98
-225.90
-216.60
-147.90
-81.90
-267.00
-498.90
-267.00
439.70
104.20
1941.10
1762.86%EPS (Basic)
$-0.43
-3.05
-2.02
-2.59
-2.39
-1.61
-0.87
-2.76
-5.18
-2.71
1.45
0.35
6.16
1660.00%EPS (Diluted)
$-0.43
-3.05
-2.02
-2.59
-2.39
-1.61
-0.87
-2.76
-5.18
-2.71
1.28
0.31
5.49
1670.97%Weighted Avg Shares (Basic)
68.68
74.29
81.62
87.10
90.60
91.70
94.50
96.90
96.40
98.50
303.20
301.00
314.90
16.01%4.62%Weighted Avg Shares (Diluted)
68.68
74.29
81.62
87.10
90.60
91.70
94.50
96.90
96.40
98.50
342.30
335.00
353.70
17.42%5.58%Cash
$310.61
653.81
375.81
734.40
744.30
2506.90
961.40
2958.00
1874.20
2118.50
1135.30
1346.30
1782.50
13.84%32.40%Short-term Investments
$109.01
118.69
413.17
551.20
630.70
896.50
1841.70
789.80
1026.90
1516.00
1254.70
2000.60
1588.50
27.68%-20.60%Receivables
$87.46
135.52
212.37
348.70
432.10
467.30
582.40
1037.10
1240.40
2142.50
2852.00
1278.10
2341.80
41.69%83.23%Inventory
$
313.40
328.00
4.66%Prepaid Expenses (Current)
$22.62
50.31
72.69
84.80
169.20
261.30
279.30
344.30
229.30
320.20
466.80
467.40
405.90
35.35%-13.16%Other Assets (Current)
$
276.50
317.70
339.20
Assets (Current)
$529.70
958.33
1074.03
1719.10
1976.30
4132.00
3664.80
5129.20
4647.30
6414.90
6048.00
5405.80
6446.70
27.57%19.26%Securities & Long-term Investments
$17.31
201.88
538.84
652.80
789.30
547.50
575.40
554.40
888.30
1051.90
3047.90
2820.60
3619.60
67.71%28.33%Property, Plant & Equipment (Net)
$32.09
48.74
62.88
117.20
211.10
273.10
296.00
606.80
581.30
599.80
617.80
595.80
355.80
34.42%-40.28%Goodwill & Intangibles
$
202.99
216.18
207.50
292.50
663.60
1632.90
2171.10
3208.70
3132.20
3242.20
3274.00
3812.80
16.46%Other Assets
$6.51
66.53
73.25
64.60
169.10
206.80
423.10
603.90
916.00
1054.80
1545.20
1067.20
4057.10
72.81%280.16%Assets (Non-current)
$55.91
520.14
891.15
1042.10
1462.00
1691.00
2927.40
3936.20
5594.30
5838.70
8453.10
7757.60
11845.30
65.18%52.69%Assets (Total)
$585.61
1478.47
1965.18
2761.20
3438.30
5823.00
6592.20
9065.40
10241.60
12253.60
14501.10
13163.40
18292.00
37.84%38.96%Accounts Payable
$37.55
14.53
93.00
103.70
153.00
320.10
235.50
322.20
816.90
988.30
1071.40
852.30
1025.60
39.81%20.33%Debt (Current)
$
487.08
550.40
1557.90
3676.80
1991.50
3680.30
1821.80
-50.50%Other Liabilities (Current)
$168.55
333.64
452.14
743.10
1048.30
1268.90
1817.80
2369.50
2741.90
3641.20
4674.60
3942.50
4918.10
39.41%24.75%Liabilities (Current)
$206.10
348.17
1032.23
846.80
1201.30
2139.40
2053.30
2691.70
5116.70
8306.30
7737.50
8475.10
7765.50
43.70%-8.37%Debt (Non-current)
$
466.88
508.20
524.70
1369.70
1430.00
3420.70
1668.10
Other Liabilities
$107.08
194.84
445.05
616.30
952.70
1325.60
1522.60
1851.20
2822.30
3737.30
5015.20
3959.30
6169.30
46.91%55.82%Liabilities (Non-current)
$107.08
661.71
445.05
1124.50
1477.40
2695.30
2952.60
5271.90
4490.40
3737.30
5015.20
3959.30
6169.30
46.91%55.82%Liabilities (Total)
$313.19
1009.88
1477.28
1971.30
2678.70
4834.70
5005.90
7963.60
9607.10
12043.60
12752.70
12434.40
13934.80
44.87%12.07%Retained Earnings
$-109.27
-335.73
-500.71
-726.60
-836.70
-984.60
-900.90
-1167.90
-1666.80
-1667.10
-1227.40
-1562.90
713.70
145.67%AOCI
$-0.02
-0.10
-0.09
1.00
-3.40
-16.40
-3.70
10.50
-9.90
-55.60
-43.20
-11.10
-6.50
41.44%Shareholder's Equity
$272.42
468.58
487.90
789.90
759.60
966.40
1586.30
1101.80
634.50
210.00
1748.40
729.00
4357.20
20.43%497.70%Liabilities & Equity
$585.61
1478.47
1965.18
2761.20
3438.30
5823.00
6592.20
9065.40
10241.60
12253.60
14501.10
13163.40
18292.00
37.84%38.96%Net Income/Loss
$-29.25
-226.45
-164.98
-225.90
-216.60
-147.90
-81.90
-267.00
-498.90
-267.00
439.70
104.20
1941.10
1762.86%Depreciation & Amortization
$11.83
22.76
54.31
69.20
87.00
125.70
206.50
273.80
416.40
357.70
236.70
154.40
104.10
34.93%-32.58%Increase/Decrease in Working Capital
$-94.73
-141.25
-242.12
-422.50
-502.70
-521.40
-227.50
-71.80
-348.60
-520.80
-563.30
-927.40
-1078.60
-16.30%Share-based Compensation
$43.70
99.77
221.31
392.80
474.50
496.70
567.70
658.40
894.50
1011.10
1074.50
549.30
543.00
37.74%-1.15%Adjustments to Reconcile Net Income
$143.76
314.86
515.29
884.00
1085.10
1184.90
1137.50
1302.70
2001.90
2251.70
2337.80
1827.10
274.90
32.16%-84.95%Net Cash (Operating)
$114.52
88.41
350.30
658.10
868.50
1037.00
1055.60
1035.70
1503.00
1984.70
2777.50
1931.30
2216.00
37.56%14.74%Capital Expenditure
$22.44
121.83
48.96
72.50
254.10
486.10
904.90
797.90
893.30
229.80
350.80
263.50
682.60
31.64%159.05%Net Cash (Investing)
$-151.56
-320.35
-679.01
-338.90
-472.60
-520.00
-1825.90
288.00
-1480.60
-933.40
-2033.80
-2484.30
-1454.50
41.45%Increase/Decrease in Debt
$
560.43
1682.40
1979.10
-172.30
Increase/Decrease in Equity
$3.49
90.99
48.25
45.30
-364.60
-61.10
-262.00
-911.30
-1074.30
-755.70
-13.90
-204.30
77.20
137.79%Interest Expenses
$0.06
0.04
0.06
Net Cash (Financing)
$25.02
575.14
50.70
39.40
-386.00
1245.60
-773.90
673.00
-1104.00
-806.60
-1726.30
-219.70
-114.40
47.93%Cash Taxes Paid
$0.30
1.52
17.53
7.10
9.00
11.20
22.00
17.20
24.90
34.60
147.10
85.56%Increase/Decrease in Cash
$-12.03
343.20
-278.00
358.60
9.90
1762.60
-1544.20
1996.70
-1081.60
244.70
-982.60
-772.70
647.10
183.75%Cash (Beginning)
$322.64
310.61
653.81
375.80
734.40
744.30
2509.20
965.00
2961.70
1880.10
2124.80
2124.80
1142.20
20.74%-46.24%Cash (Ending)
$310.61
653.81
375.81
734.40
744.30
2506.90
965.00
2961.70
1880.10
2124.80
1142.20
1352.10
1789.30
13.91%32.33%NOPAT
$-18.32
-213.87
-118.49
-183.52
-171.46
-117.99
-38.15
-165.72
-287.82
-157.27
286.70
48.33
1247.95
2482.23%Gross Margin %
72.29%
73.31%
72.90%
73.16%
72.95%
71.61%
72.12%
70.68%
70.05%
68.76%
72.29%
71.16%
74.78%
Operating Margin %
-4.70%
-36.00%
-14.39%
-13.79%
-10.21%
-5.68%
-1.87%
-5.25%
-7.15%
-3.43%
5.62%
1.71%
6.98%
NOPAT Margin %
-4.62%
-35.75%
-12.77%
-13.31%
-9.73%
-5.19%
-1.32%
-4.86%
-6.76%
-2.86%
4.16%
1.50%
32.39%
Net Margin %
-7.38%
-37.86%
-17.78%
-16.39%
-12.30%
-6.51%
-2.82%
-7.83%
-11.72%
-4.85%
6.38%
3.24%
50.38%
Tax Rate %
1.63%
0.69%
11.27%
3.46%
4.64%
8.60%
29.49%
7.42%
5.35%
16.70%
25.98%
12.29%
-364.27%
ROA
-3.13%
-14.47%
-6.03%
-6.65%
-4.99%
-2.03%
-0.58%
-1.83%
-2.81%
-1.28%
1.98%
0.37%
6.82%
ROE
-6.72%
-45.64%
-24.29%
-23.23%
-22.57%
-12.21%
-2.40%
-15.04%
-45.36%
-74.89%
16.40%
6.63%
28.64%
ROIC
-30.55%
-67.68%
-35.07%
-43.61%
-28.39%
-12.58%
-1.97%
-5.54%
-8.23%
-4.00%
6.43%
1.41%
30.11%
Asset Turnover
0.68
0.40
0.47
0.50
0.51
0.39
0.44
0.38
0.42
0.45
0.48
0.24
0.21
Inventory Turnover
2.96
2.96
Equity Multiplier
2.15
3.16
4.03
3.50
4.53
6.03
4.16
8.23
16.14
58.35
8.29
18.06
4.20
Current Ratio
2.57
2.75
1.04
2.03
1.65
1.93
1.78
1.91
0.91
0.77
0.78
0.64
0.83
Quick Ratio
2.46
2.61
0.97
1.93
1.50
1.81
1.65
1.78
0.81
0.70
0.68
0.55
0.74
Debt/Equity Ratio
1.00
1.00
0.64
0.69
1.99
0.90
3.10
5.08
17.51
1.14
5.05
0.42
Interest Coverage Ratio
-321.05
-4894.25
-2189.11
Working Capital/Sales
0.07
0.11
0.06
0.07
0.06
0.00
0.00
0.06
-0.07
0.04
0.09
-0.14
-0.01
R&D/Sales
0.16
0.18
0.20
0.21
0.20
0.18
0.19
0.23
0.27
0.26
0.23
0.24
0.22
Total Payout
$-3.43
-651.38
-48.19
-45.30
364.60
-1621.30
262.00
-1067.80
1074.30
755.70
13.90
204.30
95.10
-53.45%Payout Ratio %
-18.74%
-304.57%
-40.67%
-24.68%
212.64%
-1374.05%
686.84%
-644.35%
373.26%
480.50%
4.85%
422.73%
7.62%