Palo Alto Networks, Inc.'s Stock Analysis

Palo Alto Networks Shareholder Meeting Approves Key Proposals

On December 9, 2025, Palo Alto Networks held its Annual Meeting of Shareholders where several significant proposals were approved. Shareholders voted to increase the number of shares reserved for issuance under the 2021 Equity Incentive Plan by 10 million shares and ratified Ernst & Young LLP as the independent accounting firm for the fiscal year ending July 31, 2026. Additionally, a proposal for annual director elections was approved, while a proposal regarding share repurchases was not approved.

The meeting also included the election of Class II directors who will serve until the 2028 Annual Meeting. Shareholders voted on an advisory resolution concerning executive officer compensation, although specific results of this vote were not detailed. The outcomes of these proposals may impact the company’s governance and compensation strategies, which could influence investor sentiment.

Dec 11, 2025 16:05:45

Palo Alto Networks Grants Additional Equity Awards to Employees

Palo Alto Networks, Inc. filed its definitive proxy statement for the 2025 Annual Meeting of Shareholders scheduled for December 9, 2025. On November 10, 2025, the Company granted additional equity awards totaling 2,735,105 shares under its 2021 Equity Incentive Plan, with a maximum potential payout of 2,958,667 shares. Following these grants, there are 24,341,864 shares available for future grants under the 2021 Plan.

As of the latest date prior to this filing, there are 26,116,221 shares subject to outstanding awards under both the 2012 and 2021 Equity Incentive Plans. This information may impact investor sentiment regarding the company's compensation practices and potential dilution of shares.

Nov 21, 2025 16:05:14

Palo Alto Networks Announces Board Changes and Director Appointments

Mary Pat McCarthy will retire from the Board of Directors of Palo Alto Networks on January 23, 2026, after nearly a decade of service. She has stepped down from her role as chair of the Audit Committee but will remain a member of the Audit and Security Committees until her retirement. The company expressed gratitude for her contributions during her tenure.

Mark Goodburn has been appointed as a Class I director and chair of the Audit Committee, effective November 18, 2025. Goodburn brings extensive experience from his previous role as Chairman and Global Head of Advisory at KPMG International. He will receive an initial award of restricted stock units valued at approximately $1,000,000, with vesting conditions tied to his continued service and company policies. Goodburn's appointment is expected to enhance the company's governance and strategic direction.

Nov 19, 2025 16:20:12

Palo Alto Networks Reports Q1 2026 Financial Results and Merger

Palo Alto Networks announced its financial results for the first quarter of fiscal year 2026, reporting a revenue increase of 16% year-over-year to $2.5 billion. The company also noted a growth in Next-Generation Security Annual Recurring Revenue (ARR) by 29% to $5.9 billion and a 24% increase in remaining performance obligations to $15.5 billion. GAAP net income for the quarter was $334 million, or $0.47 per diluted share, while non-GAAP net income reached $662 million, or $0.93 per diluted share.

Additionally, the company disclosed its intent to acquire Chronosphere, a next-generation observability platform, with the merger subject to customary closing conditions. Palo Alto Networks has extended its current share repurchase authorization of $1 billion until December 31, 2026, allowing for opportunistic buybacks. The company expects continued growth with guidance for the second quarter estimating Next-Generation Security ARR of $6.11 billion to $6.14 billion and total revenue between $2.57 billion and $2.59 billion.

Nov 19, 2025 16:16:32

Palo Alto Networks Announces Merger with CyberArk Software Ltd.

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. The merger is contingent upon receiving necessary regulatory approvals and the approval of CyberArk's shareholders. Recently, the companies received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, which is a positive step towards finalizing the merger.

Investors are advised to monitor the progress of the merger, as it involves several conditions that need to be satisfied for completion. Additional information regarding the merger and the relevant documentation can be accessed through the SEC's website or the respective investor relations departments of both companies. Shareholders of CyberArk will receive a proxy statement/prospectus regarding the merger, which will provide further details on the transaction.

Sep 25, 2025 16:12:58

Palo Alto Networks Reports Fourth Quarter and Fiscal Year Results

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.

Aug 18, 2025 16:13:24

Palo Alto Networks Announces Merger with CyberArk Software Ltd.

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.

Jul 31, 2025 06:34:51

Palo Alto Networks Announces Merger with CyberArk Software Ltd.

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.

Jul 30, 2025 08:52:47

Palo Alto Networks Reports 15% Revenue Growth in Q3 2025

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.

May 20, 2025 16:06:48

Palo Alto Networks Reports $2.3 Billion Revenue Growth

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.

Feb 13, 2025 16:09:11