Palo Alto Networks Inc

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $1.4b
$1.8b +27.79%
$2.3b +29.04%
$2.9b +27.56%
$3.4b +17.55%
$4.3b +24.87%
$5.5b +29.26%
$6.9b +25.29%
$8.0b +16.46%
$9.2b +14.87%
$10.6b +15.02%
Cost of Revenue $370.0m
$476.6m +28.81%
$645.3m +35.40%
$808.4m +25.28%
$999.5m +23.64%
$1.3b +27.55%
$1.7b +34.81%
$1.9b +11.11%
$2.1b +7.83%
$2.5b +19.06%
$3.0b +21.41%
Gross Profit $1.0b
$1.3b +27.42%
$1.6b +26.68%
$2.1b +28.47%
$2.4b +15.19%
$3.0b +23.76%
$3.8b +26.89%
$5.0b +31.73%
$6.0b +19.77%
$6.8b +13.43%
$7.6b +12.70%
Research and Development Expense $284.2m $347.4m $400.7m $539.5m $768.1m $1.1b $1.4b $1.6b $1.8b $2.0b $2.3b
Selling and Marketing Expense $776.0m $919.1m $1.1b $1.3b $1.5b $1.8b $2.1b $2.5b $2.8b $3.1b $4.3b
General and Administrative Expense $138.4m $198.3m $257.8m $261.8m $299.6m $391.1m $405.0m $447.7m $680.5m $442.7m $699.7m
Amortization of Intangible Assets $9.4m $9.8m $16.3m $53.6m $77.3m $117.8m $126.9m $104.9m $120.9m $166.3m
Operating Expenses $1.2b $1.5b $1.8b $2.1b $2.6b $3.3b $4.0b $4.6b $5.3b $5.5b $6.6b
Operating Income (Loss) ($190.1m)
($179.8m) +5.42%
($129.1m) +28.20%
($54.1m) +58.09%
($179.0m) -230.87%
($304.1m) -69.89%
($188.8m) +37.92%
$387.3m +305.14%
$683.9m +76.58%
$1.2b +81.74%
$1.0b -17.94%
Interest Expense, Debt $23.4m $24.5m $29.5m $82.9m $87.7m $163.1m $27.4m $25.8m $8.3m $3.0m ($1.1m)
Interest Income, Other $14.7m $27.1m $69.8m $41.4m $8.5m $15.6m $224.4m $317.9m $363.5m $382.5m
Foreign Currency Transaction Gain (Loss), before Tax ($3.4m) $1.7m ($3.5m) ($6.7m) ($5.4m) $1.8m ($7.9m) $200k ($32.8m)
Gain (Loss) Related to Litigation Settlement $0
Other income (expense):
Other Nonoperating Income (Expense) $28.5m $63.4m $35.9m ($700k) ($8.4m) ($10.3m) ($5.4m) $25.1m
Interest Expense (non-operating) $23.4m $24.5m $29.6m $83.9m $88.7m $163.3m $27.4m $27.2m $8.3m $3.0m ($1.1m)
Nonoperating Income (Expense) $8.4m $10.2m
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($216.2m) ($210.0m) ($192.1m) ($198.1m) ($56.1m) ($482.2m) ($152.3m) $374.3m $669.2m $1.1b $1.4b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($130.2m) ($74.6m) ($231.8m) ($465.0m) ($207.2m) $566.3m $988.3m $1.6b $1.4b
Income Tax Expense (Benefit) $20.8m $22.5m $17.7m $7.3m $35.2m $33.9m $59.8m $126.6m ($1.6b) $461.8m $553.8m
Net Income (Loss) Attributable to Parent ($225.9m)
($216.6m) +4.12%
($147.9m) +31.72%
($81.9m) +44.62%
($267.0m) -226.01%
($498.9m) -86.85%
($267.0m) +46.48%
$439.7m +264.68%
$2.6b +486.22%
$1.1b -56.01%
$842.9m -25.66%
Earnings Per Share, Basic ($0.86) ($1.35) $0.72 $8.07 $1.71 $1.19
Earnings Per Share, Diluted ($0.86) ($1.35) $0.64 $7.28 $1.60 $1.15
Weighted Average Number of Shares Outstanding, Basic 578.4m 197.0m 606.4m 319.2m 662.5m 715.0m
Weighted Average Number of Shares Outstanding, Diluted 578.4m 197.0m 684.6m 354.0m 709.3m 736.3m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.