stockportfolio.pro
Palo Alto Networks, Inc. (PANW)
Technology · Software - Infrastructure · NasdaqGS
Palo Alto Networks, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.38B | $1.76B | $2.27B | $2.90B | $3.41B | $4.26B | $5.50B | $6.89B | $8.03B | $9.22B |
| Gross profit | $1.01B | $1.28B | $1.63B | $2.09B | $2.41B | $2.98B | $3.78B | $4.98B | $5.97B | $6.77B |
| Net income | $-192.70M | $-203.00M | $-122.20M | $-81.90M | $-267.00M | $-498.90M | $-267.00M | $439.70M | $2.58B | $1.13B |
| Net margin | -14.0% | -11.5% | -5.4% | -2.8% | -7.8% | -11.7% | -4.9% | 6.4% | 32.1% | 12.3% |
Source: Palo Alto Networks, Inc. SEC filings (10-K). 15 years of history available in the interactive view.
What growth is priced into PANW stock?
At today's market cap of $212.32B, Palo Alto Networks, Inc. is priced for free-cash-flow growth of about 23% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $3.47B from the FY ending 2025-07-31). For comparison, free cash flow actually grew 33.4%/yr over the last five fiscal years and revenue 22%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 15 years of Palo Alto Networks, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeOr start a 7-day free trial to track PANW in your portfolio →
Palo Alto Networks, Inc. financial history by metric
About Palo Alto Networks, Inc.
Palo Alto Networks, Inc. provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers Prisma Access, a secure access service edge solution; Strata Cloud Manager, a network security management solution; and Prisma AIRS to protect customers' entire AI ecosystem. It provides a comprehensive 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. It provides security operation solutions through the Cortex platform that includes Cortex XSIAM, an AI-driven security operations platform; Cortex XDR to prevent, detect, and respond to 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. 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; and threat intelligence, data loss prevention, services to resolve network disruptions, and sensitive data protection. It 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 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.
Palo Alto Networks, Inc. — frequently asked questions
What is Palo Alto Networks, Inc.'s revenue?
Palo Alto Networks, Inc. (PANW) reported revenue of $9.22B for fiscal year 2025, up 14.9% from the prior year, according to its SEC filings.
Is Palo Alto Networks, Inc. profitable?
Yes. PANW earned net income of $1.13B in fiscal 2025, a net margin of 12.3%.
What is PANW's P/E ratio?
Palo Alto Networks, Inc. trades at a price-to-earnings ratio of about 232.6 based on the latest data in our nightly-refreshed cache.
How fast is Palo Alto Networks, Inc. growing?
PANW's revenue grew at roughly 22.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Palo Alto Networks, Inc. have?
As of fiscal year 2025, PANW carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Palo Alto Networks, Inc.'s gross margin?
PANW's gross margin was 73.4% in fiscal 2025 — gross profit of $6.77B on revenue of $9.22B.
What is Palo Alto Networks, Inc.'s market cap?
Palo Alto Networks, Inc. (PANW) has a market capitalization of about $212.32B, based on the latest data in our nightly-refreshed cache.
When does Palo Alto Networks, Inc.'s fiscal year end?
PANW's fiscal year ends in July. Its most recent annual filing covers the fiscal year ending 2025-07-31.
What growth is priced into PANW stock?
At today's market cap of $212.32B, Palo Alto Networks, Inc. is priced for free-cash-flow growth of about 23% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $3.47B from the FY ending 2025-07-31). For comparison, free cash flow actually grew 33.4%/yr over the last five fiscal years and revenue 22%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Palo Alto Networks, Inc.'s official SEC filings (10-K and 10-Q), covering 15 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.