Palo Alto Networks Earnings Reports

Palo Alto Networks delivered 14.29% year-over-year revenue growth, driven by strong adoption of Next-Generation Security solutions. Non-GAAP EPS improved, but GAAP net income declined due to a prior-year tax benefit. The company continues to expand its AI-powered security offerings, raising its operating margin and EPS outlook for FY25.

Palo Alto Networks reported a strong fiscal first quarter 2025, with revenue reaching $2.1 billion, a 14% increase year-over-year. The company's Next-Generation Security ARR grew by 40% to $4.5 billion, and remaining performance obligation increased by 20% to $12.6 billion. GAAP net income was $350.7 million, or $0.99 per diluted share, while non-GAAP net income was $544.9 million, or $1.56 per diluted share.

Palo Alto Networks reported a 12% year-over-year increase in revenue for Q4 2024, reaching $2.2 billion. GAAP net income increased to $357.7 million, or $1.01 per diluted share, while non-GAAP net income reached $522.2 million, or $1.51 per diluted share. The company's Next-Generation Security ARR grew 43% year-over-year to $4.2 billion, and remaining performance obligation grew 20% year-over-year to $12.7 billion.

Palo Alto Networks announced its fiscal third quarter 2024 results, with total revenue growing 15% year over year to $2.0 billion. GAAP net income was $278.8 million, or $0.79 per diluted share, while non-GAAP net income was $454.9 million, or $1.32 per diluted share. The company's remaining performance obligation grew 23% year over year to $11.3 billion.

Palo Alto Networks reported a strong fiscal second quarter in 2024, with revenue increasing by 19% year-over-year to $2.0 billion. GAAP net income saw a substantial rise to $1.7 billion, or $4.89 per diluted share, which included a $1.5 billion net tax benefit. The company is focusing on accelerated platformization, consolidation strategy, and AI leadership.

Palo Alto Networks reported a 20% year-over-year increase in revenue, reaching $1.9 billion for the fiscal first quarter 2024. The company's GAAP net income was $194.2 million, or $0.56 per diluted share, while non-GAAP net income was $466.3 million, or $1.38 per diluted share. Remaining performance obligation grew 26% year over year to $10.4 billion.

Palo Alto Networks announced its fiscal fourth quarter and fiscal year 2023 financial results. The company's Q4 revenue grew 26% year-over-year to $2.0 billion. GAAP net income for the quarter was $227.7 million, or $0.64 per diluted share, while non-GAAP net income was $482.5 million, or $1.44 per diluted share. The company's remaining performance obligation grew 30% year-over-year to $10.6 billion.

Palo Alto Networks announced its fiscal third quarter 2023 financial results, with total revenue growing 24% year over year to $1.7 billion. The company achieved GAAP net income of $107.8 million, marking the fourth consecutive quarter of positive GAAP net income.

Palo Alto Networks reported a strong fiscal second quarter 2023, with revenue increasing by 26% year over year to $1.7 billion. The company's GAAP net income was $84.2 million, a significant improvement from the previous year's net loss. The remaining performance obligation grew 39% year over year to $8.8 billion.

Palo Alto Networks reported a strong fiscal first quarter 2023, with revenue growing 25% year over year to $1.6 billion. The company exceeded top-line guidance, generated $1.2 billion in free cash flow, and expanded operating margins.

Palo Alto Networks reported a 27% year-over-year increase in fiscal fourth-quarter revenue, reaching $1.6 billion. The company achieved GAAP profitability for the first time in four years, with net income of $3.3 million, or $0.03 per share. The board of directors approved a three-for-one stock split.

Palo Alto Networks reported a strong fiscal third quarter with revenue growth of 29% year over year to $1.4 billion. The company raised its guidance for the year across revenue, billings and earnings per share.

Palo Alto Networks announced financial results for its fiscal second quarter 2022, ended January 31, 2022. Total revenue for the fiscal second quarter 2022 grew 30% year over year to $1.3 billion. Non-GAAP net income for the fiscal second quarter 2022 was $185.0 million, or $1.74 per diluted share.

Palo Alto Networks reported a strong start to fiscal year 2022 with a 32% year-over-year increase in revenue to $1.2 billion and a 28% increase in billings to $1.4 billion. The company's remaining performance obligation grew by 37% to $6.0 billion.

Palo Alto Networks announced strong financial results for its fiscal fourth quarter 2021, with revenue growing 28% year over year to $1.2 billion. The company's billings also increased by 34% year over year, and remaining performance obligation (RPO) grew by 36% year over year.

Palo Alto Networks reported a 24% year-over-year increase in revenue for the fiscal third quarter 2021, reaching $1.1 billion. Billings grew by 27% year-over-year, and the company raised its guidance for the fiscal year 2021. However, the company's GAAP net loss increased compared to the same period last year.

Palo Alto Networks announced financial results for its fiscal second quarter 2021, ended January 31, 2021. Total revenue for the fiscal second quarter 2021 grew 25% year over year to $1.0 billion.

Palo Alto Networks announced its fiscal first quarter 2021 financial results, with total revenue growing 23% year over year to $946.0 million. The company reported a GAAP net loss of $92.2 million, or $0.97 per diluted share, and a non-GAAP net income of $158.1 million, or $1.62 per diluted share. The company also raised its full-year guidance.

Palo Alto Networks' fiscal fourth quarter revenue grew 18% year over year to $950.4 million. The company's billings grew 32% year over year to $1.4 billion. GAAP net loss for the quarter was $58.9 million, or $0.61 per diluted share, while non-GAAP net income was $144.9 million, or $1.48 per diluted share.

Palo Alto Networks reported a 20% year-over-year increase in revenue for the fiscal third quarter of 2020, reaching $869.4 million. While GAAP net loss was $74.8 million, non-GAAP net income stood at $114.6 million. The company is focusing on leveraging trends such as remote working and cloud adoption to drive cybersecurity outcomes.

Palo Alto Networks reported a 15% year-over-year increase in revenue for the fiscal second quarter of 2020, reaching $816.7 million. However, the company experienced a GAAP net loss of $73.7 million, compared to a net loss of $2.6 million in the same quarter of the previous year. Non-GAAP net income was $120.3 million, down from $147.0 million year-over-year. The company announced a proposed $1 billion accelerated share repurchase transaction.