Revenue Growth - Fiscal first quarter revenue grew 14% year over year to $2.1 billion[2][3] - For fiscal second quarter 2025, total revenue is expected to be in the range of $2.22 billion to $2.25 billion, representing year-over-year growth of 12% to 14%[8] - For fiscal year 2025, total revenue is expected to be in the range of $9.12 billion to $9.17 billion, representing year-over-year growth of 14%[10] - Total revenue for Q3 2024 increased to $2,138.8 million, up 13.9% from $1,878.1 million in Q3 2023[31] - Subscription and support revenue grew to $1,785.0 million, a 16.1% increase from $1,537.0 million in the same period last year[31] Next-Generation Security ARR - Next-Generation Security ARR grew 40% year over year to $4.5 billion[2] - For fiscal second quarter 2025, Next-Generation Security ARR is expected to be $4.70 billion to $4.75 billion, representing year-over-year growth of 35% to 36%[8] - For fiscal year 2025, Next-Generation Security ARR is expected to be $5.52 billion to $5.57 billion, representing year-over-year growth of 31% to 32%[10] Net Income and Earnings - GAAP net income for the fiscal first quarter 2025 was $350.7 million, or $0.99 per diluted share[3] - Non-GAAP net income for the fiscal first quarter 2025 was $544.9 million, or $1.56 per diluted share[4] - Net income for Q3 2024 rose to $350.7 million, compared to $194.2 million in Q3 2023, an 80.6% increase[31] - Non-GAAP net income per share, diluted, was $1.56, compared to $1.38 in the same period last year[34] Operating Performance - Non-GAAP operating margin for fiscal year 2025 is expected to be in the range of 27.5% to 28.0%[10] - Non-GAAP operating income reached $616.2 million, up 16.4% from $529.3 million in Q3 2023[34] Financial Position - Remaining performance obligation grew 20% year over year to $12.6 billion[2] - Cash and cash equivalents increased to $2,282.8 million, up from $1,535.2 million in the previous quarter[37] - Goodwill increased to $4,050.8 million, reflecting significant acquisition activity[37] - Total deferred revenue stood at $11,093.6 million, with $5,507.7 million in current liabilities and $5,585.9 million in long-term liabilities[37] - Total assets grew to $20,374.6 million, up from $19,990.9 million in the previous quarter[37] Research and Development - Research and development expenses increased to $480.4 million, up 17.3% from $409.5 million in Q3 2023[31]

Fiscal first quarter revenue grew 14% year over year to $2.1 billion. Next-Generation Security ARR grew 40% year over year to $4.5 billion. Remaining performance obligation grew 20% year over year to $12.6 billion.SANTA CLARA, Calif., Nov. 20, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal first quarter 2025, ended October 31, 2024.Total revenue for the fiscal first quarter 2025 grew 14% year over year to $2.1 billio ...

Palo Alto Networks Inc PANW will report its first-quarter earnings on Wednesday. Wall Street expects $1.48 in EPS and $2.12 billion in revenues as the company reports after market hours.The stock is up 48.93% over the past year, 34.31% year-to-date.The cybersecurity giant, which has seen a tremendous rally along with the broader sector, may be ripe for another round of volatility as it reports.Let’s look at what the charts indicate for Palo Alto stock and how the stock currently maps against Wall Street est ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Palo Alto Networks, Inc. (PANW) is scheduled to report its first-quarter fiscal 2025 results on Nov. 20.Palo Alto Networks projects its fiscal first-quarter revenues in the range of $2.10-$2.13 billion, which suggests a year-over-year increase of 12-13%. The Zacks Consensus Estimate is pegged at $2.12 billion, which implies growth of 12.8% from the year-ago reported figure.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.For the fiscal first quarter, the company expects non-GAAP earn ...

Wall Street analysts forecast that Palo Alto Networks (PANW) will report quarterly earnings of $1.48 per share in its upcoming release, pointing to a year-over-year increase of 7.3%. It is anticipated that revenues will amount to $2.12 billion, exhibiting an increase of 12.8% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during th ...

SANTA CLARA, Calif., Nov. 14, 2024 /PRNewswire/ -- Palo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, today revealed its perspective on the top AI and cybersecurity trends for 2025. These predictions encompass emerging threats, the impact of advancements in AI, automation and strategic initiatives such as platformization that organizations must embrace to bolster security measures and outpace adversaries.The rapid integration of AI has spawned unparalleled innovation, but it comes with a c ...

I have been a Merchant Seaman that has traveled the world for over 30 years. Within the last 15 years, I developed a very intense interest in investing. I learned a lot of what I know about investing from The MF. Also because I have a engineering background, I often tend to gravitate to Tech stocksAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, ...

SANTA CLARA, Calif., Nov. 4, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today that it will release the financial results for its fiscal first quarter 2025, ended October 31, 2024, after U.S. markets close on Wednesday, November 20, 2024. Palo Alto Networks will host a video webcast that day at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the results.A live video webcast will be accessible from the "Investors" section of the Palo Alto Netw ...

The cybersecurity industry is still in the midst of navigating a choppy 2024 after what has been an eventful year for a sensitive industry.Uttam is a growth-oriented investment analyst whose equity research primarily focuses on the technology sector. Semiconductors, Artificial Intelligence and Cloud software are some of the key sectors that are regularly researched and published by him. His research also focuses on other areas such as MedTech, Defense Tech, and Renewable Energy. In addition, Uttam also auth ...