PANW Q1 2021 Earnings — Palo Alto Networks, Inc. Revenue & Financial Results | Market Cap Arena

PANWPalo Alto Networks, Inc.

$112B

Q1 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$946M+22.6% YoY

Gross Profit

$668M70.6% margin

Operating Income

-$45M-4.7% margin

Net Income

-$92M-9.7% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$535M

Free Cash Flow

$505M

Stock-Based Comp.

$206M

Balance Sheet

Total Assets

$8.7B

Total Liabilities

$8.0B

Stockholders' Equity

$747M

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$946M	$772M	+22.6%
Gross Profit	$668M	$554M	+20.6%
Operating Income	-$45M	-$52M	+14.1%
Net Income	-$92M	-$60M	-54.7%

Revenue Segments

Subscription

$428M45%

Support

$281M30%

Product

$237M25%

Geographic Segments

Americas

$670M71%

EMEA

$171M18%

Asia Pacific

$105M11%