Palo Alto Networks Q4 2021 Earnings Report
Key Takeaways
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.
Fiscal fourth quarter revenue grew 28% year over year to $1.2 billion.
Fiscal year 2021 revenue grew 25% to $4.3 billion.
Fiscal fourth quarter billings grew 34% year over year to $1.9 billion.
Remaining performance obligation (RPO) grew 36% year over year to $5.9 billion.
Palo Alto Networks
Palo Alto Networks
Palo Alto Networks Revenue by Segment
Forward Guidance
Palo Alto Networks provides guidance based on current market conditions and expectations. For the fiscal first quarter 2022, the company expects: Total billings in the range of $1.29 billion to $1.31 billion, representing year-over-year growth of between 19% and 21%. Total revenue in the range of $1.19 billion to $1.21 billion, representing year-over-year growth of between 26% and 28%. Diluted non-GAAP net income per share in the range of $1.55 to $1.58, using 101 million to 103 million shares.
Revenue & Expenses
Visualization of income flow from segment revenue to net income