Palo Alto Networks reported its financial results for the fourth quarter and fiscal year ended July 31, 2025, with total revenue for Q4 reaching $2.5 billion, a 16% increase year-over-year. The fiscal year 2025 revenue was $9.2 billion, a growth of 15% compared to the previous year. The company also noted a significant increase in Next-Generation Security Annual Recurring Revenue (ARR), which grew 32% to $5.6 billion, and remaining performance obligations rose 24% to $15.8 billion.
In leadership changes, Nir Zuk resigned as Chief Technology Officer, effective August 14, 2025, but will continue to provide advisory services until November 2026. Lee Klarich was appointed as a Class I director and expanded his role to Chief Product and Technology Officer. The Board also adopted amended and restated bylaws to align with current practices. The company provided guidance for fiscal Q1 2026, projecting Next-Generation Security ARR to be between $5.82 billion and $5.84 billion, and total revenue expected in the range of $2.45 billion to $2.47 billion.
link28min ago
Palo Alto Networks, Inc. has entered into a merger agreement with CyberArk Software Ltd., where CyberArk will become a wholly owned subsidiary of Palo Alto Networks. Under the terms of the agreement, each outstanding share of CyberArk will be exchanged for 2.2005 shares of Palo Alto Networks common stock and $45.00 in cash. The cash portion of the transaction is expected to be financed using available cash on hand. The merger is subject to customary closing conditions, including approval from CyberArk shareholders and regulatory approvals.
Both companies' boards of directors have unanimously approved the merger, with CyberArk's board recommending the transaction to its shareholders. The agreement includes provisions for termination under specific circumstances, including a failure to obtain shareholder approval or regulatory clearances. A termination fee of $750 million is applicable if CyberArk breaches its covenants, while Palo Alto Networks would owe $1 billion if the merger fails due to regulatory issues. Investors are encouraged to review additional filings and documentation related to the merger for more detailed information.
linkJul 31, 2025 06:34:51
Palo Alto Networks, Inc. has entered into a Merger Agreement with CyberArk Software Ltd., where CyberArk will become a wholly owned subsidiary of Palo Alto Networks following the merger. The transaction is aimed at enhancing Palo Alto Networks' capabilities in the identity security market, which represents a significant growth opportunity valued at $29 billion. The merger is expected to enable cross-selling opportunities into Palo Alto's existing customer base of over 70,000 clients.
Palo Alto Networks plans to provide additional information regarding the merger through presentations to analysts and investors. A registration statement on Form S-4 will be filed with the SEC, which will include a proxy statement for CyberArk shareholders. Investors are advised to read the relevant documents carefully once they are available, as they will contain important details about the merger and its implications for both companies.
linkJul 30, 2025 08:52:47
For the fiscal fourth quarter 2025, Palo Alto Networks anticipates Next-Generation Security ARR to reach between $5.52 billion and $5.57 billion, reflecting a year-over-year growth of 31% to 32%. The company expects total revenue to be in the range of $2.49 billion to $2.51 billion, with a projected non-GAAP net income per share between $0.87 and $0.89. For the full fiscal year 2025, the company forecasts total revenue of $9.17 billion to $9.19 billion, which represents a 14% year-over-year increase.
linkMay 20, 2025 16:06:48
Palo Alto Networks reported a 14% increase in revenue for the fiscal second quarter 2025, reaching $2.3 billion compared to $2.0 billion in the same quarter last year. The company's Next-Generation Security Annual Recurring Revenue (ARR) grew 37% year over year to $4.8 billion, and their remaining performance obligation also saw a 21% rise to $13.0 billion, indicating a solid demand for their cybersecurity solutions. Additionally, the company announced the appointment of two new board members, enhancing its leadership team.
However, the GAAP net income for the quarter was significantly lower at $0.3 billion, or $0.38 per diluted share, down from $1.7 billion, or $2.44 per diluted share, in the previous year. This decline was attributed to a prior year's tax benefit that inflated the previous net income figure. Despite an increase in non-GAAP net income to $0.6 billion, the substantial drop in GAAP figures raises concerns about the company's overall profitability in the current fiscal year.
linkFeb 13, 2025 16:09:11
Palo Alto Networks has appointed Helle Thorning-Schmidt and Ralph Hamers to its board of directors, expanding its membership from nine to eleven. Both new members bring extensive experience, with Thorning-Schmidt having served as Denmark's first female prime minister and Hamers previously leading UBS Group and ING Group. Their appointments are expected to enhance the company's strategic direction and strengthen its global presence in cybersecurity.
On the downside, the press release does not provide any specific financial metrics or performance updates related to the company's current standing. The focus is primarily on the new board members and their qualifications, leaving out information on the company's financial health or recent achievements.
linkFeb 13, 2025 16:03:54
Palo Alto Networks announced a revenue increase of 14% year over year for its fiscal first quarter 2025, totaling $2.1 billion. The company also reported significant growth in its Next-Generation Security Annual Recurring Revenue (ARR), which rose by 40% to $4.5 billion, and a 20% increase in remaining performance obligations, now at $12.6 billion. GAAP net income was reported at $350.7 million, up from $194.2 million the previous year, with a corresponding increase in non-GAAP net income to $544.9 million from $466.3 million. Additionally, the board approved a two-for-one stock split, enhancing shareholder value as of December 2024.
However, despite these positive financial results, the company faces challenges related to operational expenses, which rose to $1.3 billion, up from $1.2 billion a year earlier. Increased costs in research and development, as well as sales and marketing, indicate a significant investment in growth initiatives. Furthermore, the company highlighted risks associated with its forward-looking statements, emphasizing uncertainties that could impact future performance. Overall, while Palo Alto Networks demonstrated strong revenue growth, it must navigate rising expenses and market risks.
linkNov 20, 2024 16:13:18
Palo Alto Networks has successfully acquired IBM's QRadar SaaS assets, enhancing its capabilities in cybersecurity and solidifying its partnership with IBM. This acquisition promises a seamless transition for QRadar customers to the Cortex XSIAM platform, with free migration services provided by IBM Consulting. The integration of advanced AI-powered features aims to streamline security operations and improve threat response, showcasing a commitment to innovation in the cybersecurity landscape. Furthermore, IBM's internal deployment of Palo Alto's solutions illustrates the effectiveness and reliability of these technologies.
On the flip side, while the acquisition is generally viewed positively, it also presents challenges, such as the need for effective customer migration and potential disruptions during the transition. Palo Alto Networks must ensure that existing QRadar customers feel supported throughout this process to maintain trust and satisfaction. The ongoing competition in the cybersecurity market means that the company must continually innovate and adapt to stay ahead, making the success of this acquisition critical for its future growth and customer retention.
linkSep 04, 2024 16:12:05
Palo Alto Networks reported impressive financial results for the fiscal fourth quarter and the entire year 2024, with revenue increasing by 12% year-over-year to $2.2 billion in Q4 and a 16% rise to $8.0 billion for the full year. Their Next-Generation Security segment saw a remarkable 43% growth in annual recurring revenue, reaching $4.2 billion, and the company also highlighted a substantial increase in remaining performance obligations, signaling a strong future demand for their services. Additionally, net income for Q4 rose significantly, reflecting effective cost management and operational efficiency.
The company also announced plans for continued growth, including a $500 million increase in share repurchase authorization and expectations for further revenue increases in the upcoming fiscal year. However, the press release also included standard cautionary notes about potential risks and uncertainties affecting future performance, particularly regarding the pending acquisition of IBM’s QRadar SaaS assets. Overall, Palo Alto Networks appears well-positioned for sustained growth, driven by innovation and a commitment to enhancing their cybersecurity offerings.
linkAug 19, 2024 16:08:17
Palo Alto Networks reports a 15% revenue growth in Q3 2024, with a rise in non-GAAP operating margin. The company's leadership is positive about customer response to their strategic focus on security solutions. The financial outlook for Q4 2024 anticipates further growth in billings and revenue. For the fiscal year 2024, the company expects significant year-over-year growth in revenue and provides guidance on non-GAAP financial measures. An earnings call is scheduled to discuss Q3 results and future outlook.
linkMay 20, 2024 16:15:59