PANW Q3 2021 Earnings — Palo Alto Networks, Inc. Revenue & Financial Results | Market Cap Arena

PANWPalo Alto Networks, Inc.

$112B

Q3 2021 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$1.1B+23.5% YoY

Gross Profit

$743M69.2% margin

Operating Income

-$110M-10.3% margin

Net Income

-$145M-13.5% margin

EPS (Diluted)

$-0.25

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$278M

Free Cash Flow

$251M

Stock-Based Comp.

$233M

Balance Sheet

Total Assets

$9.6B

Total Liabilities

$8.6B

Stockholders' Equity

$997M

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$869M	+23.5%
Gross Profit	$743M	$611M	+21.6%
Operating Income	-$110M	-$57M	-95.4%
Net Income	-$145M	-$75M	-94.0%

Revenue Segments

Subscription

$474M44%

Support

$311M29%

Product

$289M27%

Geographic Segments

Americas

$735M68%

EMEA

$210M20%

Asia Pacific

$129M12%