PANW Q4 2023 Earnings — Palo Alto Networks, Inc. Revenue & Financial Results | Market Cap Arena

PANWPalo Alto Networks, Inc.

$113B

Q4 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$2.0B+26.0% YoY

Gross Profit

$1.4B74.1% margin

Operating Income

$254M13.0% margin

Net Income

$228M11.7% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+13.5%

Cash Flow

Operating Cash Flow

$414M

Free Cash Flow

$377M

Stock-Based Comp.

$254M

Balance Sheet

Total Assets

$14.5B

Total Liabilities

$12.8B

Stockholders' Equity

$1.7B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.6B	+26.0%
Gross Profit	$1.4B	$1.1B	+36.7%
Operating Income	$254M	$15M	+1546.1%
Net Income	$228M	$3M	+6800.0%

Revenue Segments

Subscription

$918M47%

Support

$528M27%

Product

$507M26%

Geographic Segments

Americas

$1.4B69%

EMEA

$378M19%

Asia Pacific

$222M11%