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Palo Alto Networks (PANW)
NASDAQ:PANW
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Earnings Data
Report Date
Feb 25, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
$0.77Last Year’s EPS
$0.73Same Quarter Last Year
Strong Buy
Based on 37 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 20, 2024
|% Change Since: -4.18%
|Next Earnings Date:Feb 25, 2025
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with significant growth in next-generation security offerings and successful large platform deals. However, there are some concerns regarding the decline in QRadar SaaS ARR and slight gross margin pressure.Company Guidance
During the first quarter of fiscal year 2025, Palo Alto Networks reported strong financial results, exceeding expectations in several key metrics. The company's Next-Generation Security Annual Recurring Revenue (NGS ARR) grew by 40% to $4.5 billion, driven in part by a one-time increase from an IBM deal. Total revenue was reported at $2.14 billion, marking a 14% year-over-year increase, with product revenue growing by 4% and services revenue by 16%. Operating margin expanded by 60 basis points, contributing to a 13% growth in earnings per share (EPS). The company also reported a 20% growth in total Remaining Performance Obligation (RPO) to $12.6 billion. Looking forward, Palo Alto Networks raised its full-year guidance for NGS ARR, revenue, and EPS, projecting NGS ARR to reach between $5.52 billion and $5.57 billion, representing a 31% to 32% increase. Additionally, the company announced a 2-for-1 stock split to enhance accessibility for employees and investors.Strong Start to Fiscal Year 2025
NGS ARR grew 40% to $4.5 billion, and operating margin expanded by 60 basis points year-over-year. EPS grew by 13%, showing strong profitability.
Next-Generation Security Offerings Performance
Cortex and NetSec showed significant growth, and NGS ARR remains well ahead of industry expectations.
Large Platform Deals
305 transactions over $1 million, up 13%, and 60 transactions over $5 million, up 30% this quarter.
Cortex ARR Milestone
Cortex crossed the $1 billion ARR milestone in Q1, with strong momentum across its offerings.
SASE Customer Growth
SASE customers grew 20%, with 40% being new to Palo Alto Networks.
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PANW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PANW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 20, 2024 | $196.44 | $198.85 | +1.23% |
| Aug 19, 2024 | $171.68 | $184.00 | +7.18% |
| May 20, 2024 | $161.88 | $155.83 | -3.74% |
| Feb 20, 2024 | $183.04 | $130.98 | -28.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Palo Alto Networks (PANW) report earnings?
Palo Alto Networks (PANW) is schdueled to report earning on Feb 25, 2025, TBA Not Confirmed.
What is Palo Alto Networks (PANW) earnings time?
Palo Alto Networks (PANW) earnings time is at Feb 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PANW EPS forecast?
PANW EPS forecast for the fiscal quarter 2025 (Q2) is $0.77.
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