← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.4b | $1.8b | $2.3b | $2.9b | $3.4b | $4.3b | $5.5b | $6.9b | $8.0b | $9.2b | |
| Cost of Revenue | $370.0m | $476.6m | $645.3m | $808.4m | $999.5m | $1.3b | $1.7b | $1.9b | $2.1b | $2.5b | |
| Gross Profit | $1.0b | $1.3b | $1.6b | $2.1b | $2.4b | $3.0b | $3.8b | $5.0b | $6.0b | $6.8b | |
| Operating Expenses | $1.2b | $1.5b | $1.8b | $2.1b | $2.6b | $3.3b | $4.0b | $4.6b | $5.3b | $5.5b | |
| Operating Income (Loss) | ($190.1m) | ($179.8m) | ($129.1m) | ($54.1m) | ($179.0m) | ($304.1m) | ($188.8m) | $387.3m | $683.9m | $1.2b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $9.4m | $9.8m | $16.3m | $53.6m | $77.3m | $117.8m | $126.9m | $104.9m | $120.9m | $166.3m | |
| 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 | — | — | — | — | — | — | — | — | — | |
| 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 | |
| Interest Income, Other | — | $14.7m | $27.1m | $69.8m | $41.4m | $8.5m | $15.6m | $224.4m | $317.9m | $363.5m | |
| 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 | |
| Net Income (Loss) Attributable to Parent | ($225.9m) | ($216.6m) | ($147.9m) | ($81.9m) | ($267.0m) | ($498.9m) | ($267.0m) | $439.7m | $2.6b | $1.1b | |
| Earnings Per Share, Basic | — | — | — | — | — | ($0.86) | ($1.35) | $0.72 | $8.07 | $1.71 | |
| Earnings Per Share, Diluted | — | — | — | — | — | ($0.86) | ($1.35) | $0.64 | $7.28 | $1.60 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | 578.4m | 197.0m | 606.4m | 319.2m | 662.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | 578.4m | 197.0m | 684.6m | 354.0m | 709.3m | |
| Other income (expense): | |||||||||||
| Research and Development Expense | $284.2m | $347.4m | $400.7m | $539.5m | $768.1m | $1.1b | $1.4b | $1.6b | $1.8b | $2.0b | |
| Selling and Marketing Expense | $776.0m | $919.1m | $1.1b | $1.3b | $1.5b | $1.8b | $2.1b | $2.5b | $2.8b | $3.1b | |
| General and Administrative Expense | $138.4m | $198.3m | $257.8m | $261.8m | $299.6m | $391.1m | $405.0m | $447.7m | $680.5m | $442.7m | |
| Other Nonoperating Income (Expense) | — | — | $28.5m | $63.4m | $35.9m | ($700k) | ($8.4m) | ($10.3m) | ($5.4m) | $25.1m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | — | $3.0m | |
| Interest Expense | $23.4m | $24.5m | $29.6m | $83.9m | $88.7m | $163.3m | $27.4m | $27.2m | $8.3m | $3.0m | |
| Interest Expense, Debt | $23.4m | $24.5m | $29.5m | $82.9m | $87.7m | $163.1m | $27.4m | $25.8m | $8.3m | $3.0m | |
| Income Tax Expense (Benefit) | $20.8m | $22.5m | $17.7m | $7.3m | $35.2m | $33.9m | $59.8m | $126.6m | ($1.6b) | $461.8m | |
| Nonoperating Income (Expense) | $8.4m | $10.2m | — | — | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.