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Palo Alto Networks, Inc. PANW NDXSPXAI

Technology · Software - Infrastructure · United States
https://www.paloaltonetworks.com
Company Profile ↓
$352.89
+85.03% 1Y
Mkt Cap$287.61B
P/E306.86
P/B8.22
52W High$357.53
52W Low$141.67
Book Value$34.03
EPS (TTM)$1.15

Company Overview

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.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 36.5% CAGR over the past five years.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.08.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Jul 2025 Revenue of $9.22B (+14.9% YoY); net profit $1.13B.
  • Trailing 12 Months Year-on-year growth — revenue +31.1%, earnings -56.0%.
  • 5-Year Trend Long-term compounding — revenue CAGR 36.5%.

Growth & Price Performance

Compounded Sales Growth

5 Years:36.47%
1 Year:31.10%

Compounded Profit Growth

5 Years:-
1 Year:-56.01%

Stock Price Performance

1 Year:+85.03%
6 Months:+86.69%
3 Months:+117.15%
1 Month:+26.24%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI AI Cybersecurity
Core Focus

Precision AI across SOC, network, cloud security; $700M IBM QRadar SaaS deal.

Key Initiatives
  • Precision AI Palo Alto Networks' Precision AI applies machine learning across network, cloud and SecOps for real-time threat prevention.
  • AI-driven SecOps (Cortex XSIAM) Its XSIAM platform uses AI to automate security operations, a fast-growing franchise.
  • Securing AI New products secure enterprise AI usage and models as adoption grows.
Why Investors Should Care
  • Cybersecurity leader using AI to drive platformisation across network, cloud and SecOps.
  • Strong ~31% revenue growth and robust free cash flow.
  • Platform consolidation lifts cross-sell and retention.
  • Premium valuation and competition are key risks.
AI InvestmentPlatformization investments + IBM AI partnership.
AI RevenueAI-augmented platform deals lifting NRR.
ROI (Now)FCF margin >35%.
ROI (Expected)AI SOC to drive next leg of platform consolidation.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 36.5% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 306.9.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
306.86
Industry PE
36.02
Forward P/E
85.73
PEG Ratio
4.56
Book Value
$34.03
Price to Book
8.22
P/S
21.49
EV/EBITDA
152.96
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
36.47%
Profit 5Y
-
Revenue (YoY)
31.10%
Earnings (YoY)
-56.01%

Profitability & Returns

ROCE
7.97%
ROE
4.83%
ROA
1.77%
Profit Margin
7.95%
Op Margin
-2.46%
Gross Margin
71.96%
EPS (Latest Qtr)
$-0.22
EPS (TTM)
$1.15

Balance Sheet & Liquidity

Debt/Equity
0.08
Quick Ratio
0.73
Current Ratio
0.86
Debt
$2.13B
Total Assets
$46.27B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
0.76%
Chg in Prom Hold
-0.00%
FII / Inst Holding
83.10%
Chg in FII Hold
-0.17%

Financial Snapshot

Enterprise Value
$287.61B
Total Revenue (TTM)
$10.61B
EBITDA
$1.48B
Free Cash Flow
$3.58B
Operating Cash Flow
$4.22B
Shares Outstanding
815.00M
Gross Margin
71.96%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PANW Palo Alto Networks, Inc. NDXSPXAI 352.89 306.86 $287.61B 0.00% 7.97% 4.83% 36.47% -
2 NVDA NVIDIA Corporation NDXSPXAI 211.80 32.43 $5.13T 0.49% 74.66% 114.29% 24.64% 32.12%
3 AAPL Apple Inc. NDXSPX 314.86 38.07 $4.62T 0.37% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 384.93 22.91 $2.86T 0.93% 26.90% 34.01% 9.48% 10.85%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 420.39 36.18 $2.18T 0.90% 30.20% 36.21% 18.94% 19.57%
6 AVGO Broadcom Inc. NDXSPXAI 389.11 64.85 $1.85T 0.68% 16.70% 37.28% 24.38% 26.24%
7 MU Micron Technology, Inc. NDXSPXAI 983.12 46.37 $1.11T 0.06% 13.69% 39.82% 13.68% 26.02%
8 AMD Advanced Micro Devices, Inc. NDXSPXAI 548.13 181.50 $893.78B 0.00% 6.33% 8.06% 13.64% 48.64%
9 ASML ASML Holding N.V. NDXAI 1,775.64 59.55 $684.36B 0.47% 42.97% 52.24% 15.55% 19.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Apr 2015Jul 2015Oct 2015Jan 2016Apr 2016Jul 2016Oct 2016Jan 2017Apr 2017Jul 2017Oct 2017Jan 2018Apr 2018Jul 2018Oct 2018Jan 2019Apr 2019Jul 2019Oct 2019Jan 2020Apr 2020Jul 2020Oct 2020Jan 2021Apr 2021Oct 2021Jan 2022Apr 2022Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Oct 2024Jan 2025Apr 2025Oct 2025Jan 2026Apr 2026
Revenue ----------501.80M545.60M567.70M658.50M656.00M711.20M726.60M805.80M771.90M816.70M869.40M950.40M946.00M1.02B1.07B1.25B1.32B1.39B1.56B1.66B1.72B1.88B1.98B1.98B2.14B2.26B2.29B2.47B2.59B3.00B
Gross Profit 169.80M209.60M218.00M240.50M250.90M299.10M296.90M309.40M308.10M370.60M360.50M386.20M407.80M474.00M472.50M508.60M521.70M588.40M554.20M583.60M611.10M660.00M668.20M709.30M743.30M866.80M911.60M946.20M1.10B1.19B1.25B1.41B1.48B1.47B1.58B1.66B1.67B1.84B1.91B2.03B
Operating Income -36.70M-34.50M-32.00M-50.10M-52.50M-22.70M-49.00M-54.40M-49.10M-27.30M-53.50M-22.50M-45.30M17.10M-32.10M6.60M-18.70M-9.90M-51.80M-52.90M-56.50M-17.80M-44.50M-88.80M-110.40M-82.70M-73.90M-47.60M15.20M39.90M78.70M215.20M53.60M176.70M286.00M241.00M219.00M309.00M397.00M-183.00M
Net Income -45.90M-46.00M-39.90M-57.30M-64.10M-31.40M-56.90M-60.60M-60.90M-38.20M-63.20M-25.60M-40.40M7.00M-38.30M-2.60M-20.20M-20.80M-59.60M-73.70M-74.80M-58.90M-92.20M-142.30M-145.10M-103.60M-93.50M-73.20M20.00M84.20M107.80M194.20M1.75B278.80M351.00M267.00M262.00M334.00M432.00M-177.00M
Diluted EPS -----------0.70-0.28-0.440.07-----------1.50-0.35-0.32-0.250.060.250.310.562.440.390.490.380.370.470.61-0.22
R&D Expense 48.40M53.10M59.70M74.00M74.00M76.50M84.20M89.90M86.00M87.30M94.20M96.60M99.60M110.30M113.40M128.30M139.10M158.70M170.50M185.40M196.30M215.90M237.40M266.70M311.00M339.50M359.00M355.40M371.80M404.10M413.70M409.50M447.90M457.20M481.00M505.00M494.00M528.00M511.00M734.00M

Profit & Loss (Annual)

Figures in USD.

Metric Jul 2011Jul 2012Jul 2013Jul 2014Jul 2015Jul 2016Jul 2017Jul 2018Jul 2019Jul 2020Jul 2021Jul 2022Jul 2023Jul 2024Jul 2025
Revenue 118.60M255.14M396.11M598.20M928.10M1.38B1.76B2.27B2.90B3.41B4.26B5.50B6.89B8.03B9.22B
Gross Profit 86.32M184.59M286.35M438.60M676.60M1.01B1.28B1.63B2.09B2.41B2.98B3.78B4.98B5.97B6.77B
Operating Income -10.40M3.89M-18.62M-215.30M-99.80M-157.30M-165.80M-104.20M-54.10M-179.00M-304.10M-188.80M387.30M683.90M1.24B
Net Income -12.53M737.00K-29.25M-226.50M-131.30M-192.70M-203.00M-122.20M-81.90M-267.00M-498.90M-267.00M439.70M2.58B1.13B
Diluted EPS ---------0.87-2.76-1.73-0.900.643.641.60
R&D Expense 21.37M38.57M62.48M104.80M185.80M284.20M347.40M400.70M539.50M768.10M1.14B1.42B1.60B1.81B1.98B

Balance Sheet (Annual)

Figures in USD.

Metric Jul 2010Jul 2011Jul 2012Jul 2013Jul 2014Jul 2015Jul 2016Jul 2017Jul 2018Jul 2019Jul 2020Jul 2021Jul 2022Jul 2023Jul 2024Jul 2025
Total Assets --407.80M585.61M1.48B1.97B2.86B3.44B5.95B6.59B9.07B10.24B12.25B14.50B19.99B23.58B
Total Equity -65.65M-71.45M229.07M272.42M468.58M487.90M894.90M759.60M1.16B1.59B1.10B634.50M210.00M1.75B5.17B7.82B
Cash & Equivalents 18.84M40.52M322.64M310.60M653.80M375.80M734.40M744.30M2.51B961.40M2.96B1.87B2.12B1.14B1.54B2.27B
Long Term Debt ----466.88M487.10M500.20M524.70M1.92B1.43B3.08B3.23B3.68B1.99B--
Total Liabilities -----------9.48B12.04B12.75B14.82B15.75B
Current Liabilities --122.01M206.10M348.17M1.03B846.80M1.20B2.10B2.05B2.69B5.12B8.31B7.74B7.68B7.99B

Cash Flows (Annual)

Figures in USD.

Metric Jul 2011Jul 2012Jul 2013Jul 2014Jul 2015Jul 2016Jul 2017Jul 2018Jul 2019Jul 2020Jul 2021Jul 2022Jul 2023Jul 2024Jul 2025
Operating Cash Flow 32.10M77.37M114.52M88.40M352.80M658.60M868.80M1.04B1.06B1.04B1.50B1.98B2.78B3.26B3.72B
Investing Cash Flow -13.00M-14.56M-151.56M-320.30M-679.00M-338.90M-472.60M-520.00M-1.83B288.00M-1.48B-933.40M-2.03B-1.51B-2.20B
Financing Cash Flow 2.58M219.32M25.02M575.10M48.20M38.90M-386.00M1.25B-773.90M673.00M-1.10B-806.60M-1.73B-1.34B-778.90M
Share Buybacks 90.00K82.00K78.00K132.00K00411.00M259.10M330.00M1.20B1.18B892.30M272.70M566.70M0

Ratios (Annual)

Figures in %.

Metric Jul 2011Jul 2012Jul 2013Jul 2014Jul 2015Jul 2016Jul 2017Jul 2018Jul 2019Jul 2020Jul 2021Jul 2022Jul 2023Jul 2024Jul 2025
Gross Margin % 72.8%72.3%72.3%73.3%72.9%73.2%72.9%71.6%72.1%70.7%70.0%68.8%72.3%74.3%73.4%
Operating Margin % -8.8%1.5%-4.7%-36.0%-10.8%-11.4%-9.4%-4.6%-1.9%-5.3%-7.1%-3.4%5.6%8.5%13.5%
Net Margin % -10.6%0.3%-7.4%-37.9%-14.1%-14.0%-11.6%-5.4%-2.8%-7.8%-11.7%-4.9%6.4%32.1%12.3%
ROE % 17.5%0.3%-10.7%-48.3%-26.9%-21.5%-26.7%-10.5%-5.2%-24.2%-78.6%-127.1%25.1%49.9%14.5%
ROCE % -1.4%-4.9%-19.0%-10.7%-7.8%-7.4%-2.7%-1.2%-2.8%-5.9%-4.8%5.7%5.6%8.0%

Shareholding Pattern

Insiders
0.76%
Institutions
83.10%
Public Float
83.74%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 74.36% 72.43M $25.85B
2 Vanguard Capital Management LLC 54.17% 52.77M $18.83B
3 State Street Corporation 36.43% 35.49M $12.66B
4 Morgan Stanley 33.18% 32.32M $11.53B
5 Bank of America Corporation 23.08% 22.48M $8.02B
6 Vanguard Portfolio Management LLC 20.12% 19.60M $6.99B
7 Geode Capital Management, LLC 19.84% 19.32M $6.90B
8 JPMORGAN CHASE & CO 13.83% 13.47M $4.81B
9 Northern Trust Corporation 8.91% 8.68M $3.10B
10 UBS Group AG 8.48% 8.26M $2.95B

Analyst View

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Latest News

Recent headlines for PANW

Google News ue, 14 Jul 2026

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PANW — Frequently Asked Questions

What is the current share price of Palo Alto Networks, Inc. (PANW)?

As of 2026-07-14 21:23 PDT, Palo Alto Networks, Inc. (PANW) trades at $352.89 on NasdaqGS. Its 52-week range is $141.67 to $357.53.

What is the market capitalisation of PANW?

Palo Alto Networks, Inc. (PANW) has a market capitalisation of $287.61B on NasdaqGS.

What is the P/E ratio of PANW?

PANW trades at a trailing price-to-earnings (P/E) ratio of 306.86. The industry average P/E is 36.02. Its price-to-book (P/B) ratio is 8.22.

What is the return on equity (ROE) of PANW?

PANW has a return on equity (ROE) of 4.83%. Its return on capital employed (ROCE) is 7.97%.

Is PANW a good stock to buy?

This page provides a data-driven analysis of Palo Alto Networks, Inc. (PANW), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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