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Palo Alto Networks, Inc.

NASDAQ•PANW
CEO: Mr. Nikesh Arora C.F.A.
Sector: Technology
Industry: Software - Infrastructure
Listing Date: 2012-07-20
Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company's network security platforms include Prisma Access, a security services edge (SSE) solution, as well as Strata Cloud Manager, a network security management solution. It also provides cloud security solutions, including Prisma Cloud, a cloud native application protection platform; and Code to Cloud platform, as well as offers VM-Series and CN-Series virtual firewalls for inline network security on multi- and hybrid-cloud environments. In addition, the company provides security operation solutions through Cortex platform that includes Cortex XSIAM, an AI-driven security operations platform; Cortex XDR for the prevention, detection, and response to complex cybersecurity attacks; and Cortex XSOAR for security orchestration, automation, and response; and Cortex Xpanse for attack surface management, as well as offers threat intelligence and advisory services under the Unit 42 name. Further, it provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention. Additionally, the company offers professional services, including architecture design and planning, implementation, configuration, and firewall migration; education services, such as certifications, as well as online and in-classroom training; and support services. It sells its products and services through its channel partners, as well as directly to medium to large enterprises, service providers, and government entities operating in various industries, including education, energy, financial services, government entities, healthcare, Internet and media, manufacturing, public sector, and telecommunications. The company was incorporated in 2005 and is headquartered in Santa Clara, California.
Contact Information
3000 Tannery Way, Santa Clara, CA, 95054, United States
408-753-4000
www.paloaltonetworks.com
Market Cap
$111.20B
P/E (TTM)
88.5
45.5
Dividend Yield
--
52W High
$223.61
52W Low
$139.57
52W Range
28%
Rank33Top 25.7%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q2 2026 Data

Revenue

$2.59B+0.00%
4-Quarter Trend

EPS

$0.61+0.00%
4-Quarter Trend

FCF

$638.00M+0.00%
4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Revenue Growth Strong Total revenue reached $5.07B for six months ended January 31, 2026, marking a 15% increase compared to prior period.
Operating Income Jumps Operating income was $706M for the six months, showing substantial 34% growth over the comparable prior period results.
Major Acquisitions Completed Closed Chronosphere for $3.0B and CyberArk ($2.3B cash portion), adding significant goodwill of $2.36B.
Strong Cash Generation Cash provided by operating activities totaled $2.33B for six months, reflecting strong underlying business performance.

Risk Factors

Integration Risks High Integrating recent CyberArk and Chronosphere acquisitions presents complex operational challenges and potential synergy realization delays.
Operating Expense Increases General and administrative expenses grew 42% to $357M for six months, driven by increased personnel costs and acquisition expenses.
Channel Partner Reliance Substantially all revenue relies on channel partners; partner failure limits distribution ability and harms operating results significantly.
Macroeconomic Uncertainty Global economic instability, geopolitical turmoil, and trade policy changes pose risks to customer spending and supply chain stability.

Outlook

RPO Provides Visibility Remaining performance obligations stand at $16.0B as of January 31, 2026, providing strong indication of future recognized revenue.
CyberArk Integration Planned CyberArk acquisition will be accounted for as a business combination in the third quarter of fiscal 2026, expanding security scope.
R&D Investment Continues Research and development expense is expected to increase in absolute dollars to invest in future products and services.
Share Repurchase Available $1.0B remains available under the current share repurchase authorization expiring December 31, 2026.

Peer Comparison

Revenue (TTM)

SONY stock ticker logoSONY
$81.20B
-9.1%
ACN stock ticker logoACN
$70.73B
+6.6%
INTC stock ticker logoINTC
$52.85B
-0.5%

Gross Margin (Latest Quarter)

ADBE stock ticker logoADBE
88.9%
-0.1pp
FTNT stock ticker logoFTNT
79.6%
-1.0pp
NOW stock ticker logoNOW
76.6%
-2.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
INTC$229.52B-835.7-0.3%22.0%
KLAC$187.81B41.295.2%37.6%
TXN$179.89B36.030.4%44.5%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.3%
Moderate Growth
4Q Net Income CAGR
18.1%
Profitability Improved
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:May 18, 2026
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