Palo Historical Income Statement

PANW Stock  USD 384.37  12.03  3.03%   
Historical analysis of Palo Alto income statement accounts such as Total Revenue of 8.4 B, Gross Profit of 6.3 B, Other Operating Expenses of 7.7 B or Operating Income of 718.1 M can show how well Palo Alto Networks performed in making a profits. Evaluating Palo Alto income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Palo Alto's future profits or losses.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Palo Alto Networks latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Palo Alto Networks is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palo Alto Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Palo Income Statement Analysis

Palo Alto Networks Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Palo Alto shareholders. The income statement also shows Palo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Palo Alto Income Statement Chart

At this time, Palo Alto's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 5.5 B in 2024, whereas Interest Expense is likely to drop slightly above 7.9 M in 2024.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Palo Alto Networks generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Palo Alto Networks minus its cost of goods sold. It is profit before Palo Alto operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Palo Alto's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Palo Alto Networks current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palo Alto Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Palo Alto's Cost Of Revenue is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 5.5 B in 2024, whereas Interest Expense is likely to drop slightly above 7.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense27.4M27.2M8.3M7.9M
Depreciation And Amortization337M332.1M283.3M150.3M

Palo Alto income statement Correlations

0.560.630.720.670.650.710.15-0.120.690.220.720.70.140.130.13-0.120.130.77-0.09-0.130.30.030.9
0.560.20.240.150.130.21-0.39-0.460.19-0.260.210.22-0.41-0.38-0.330.24-0.330.470.220.24-0.21-0.450.51
0.630.20.980.980.980.980.70.620.970.830.970.980.710.70.76-0.740.760.87-0.74-0.750.830.670.83
0.720.240.980.990.991.00.640.510.980.750.991.00.650.660.66-0.620.660.89-0.63-0.620.780.560.88
0.670.150.980.991.01.00.720.60.990.810.991.00.730.710.73-0.680.730.85-0.69-0.680.840.630.87
0.650.130.980.991.00.990.750.620.990.830.990.990.750.730.75-0.710.760.84-0.71-0.710.860.650.85
0.710.210.981.01.00.990.670.531.00.771.01.00.670.660.68-0.640.680.87-0.64-0.640.790.570.89
0.15-0.390.70.640.720.750.670.920.680.950.660.671.00.930.95-0.850.950.41-0.83-0.850.960.880.39
-0.12-0.460.620.510.60.620.530.920.550.940.520.540.920.860.96-0.920.960.26-0.88-0.920.870.930.2
0.690.190.970.980.990.991.00.680.550.781.00.990.680.650.68-0.640.690.84-0.65-0.640.80.570.9
0.22-0.260.830.750.810.830.770.950.940.780.750.770.950.880.99-0.950.990.53-0.92-0.950.960.930.5
0.720.210.970.990.990.991.00.660.521.00.751.00.660.650.66-0.610.660.87-0.62-0.610.780.550.9
0.70.220.981.01.00.991.00.670.540.990.771.00.670.660.68-0.640.680.88-0.65-0.650.80.580.89
0.14-0.410.710.650.730.750.671.00.920.680.950.660.670.950.95-0.850.950.41-0.83-0.850.970.90.38
0.13-0.380.70.660.710.730.660.930.860.650.880.650.660.950.9-0.80.90.49-0.78-0.80.920.880.33
0.13-0.330.760.660.730.750.680.950.960.680.990.660.680.950.9-0.971.00.44-0.93-0.970.940.970.39
-0.120.24-0.74-0.62-0.68-0.71-0.64-0.85-0.92-0.64-0.95-0.61-0.64-0.85-0.8-0.97-0.97-0.430.931.0-0.86-0.96-0.37
0.13-0.330.760.660.730.760.680.950.960.690.990.660.680.950.91.0-0.970.44-0.93-0.970.940.970.39
0.770.470.870.890.850.840.870.410.260.840.530.870.880.410.490.44-0.430.44-0.44-0.430.560.360.85
-0.090.22-0.74-0.63-0.69-0.71-0.64-0.83-0.88-0.65-0.92-0.62-0.65-0.83-0.78-0.930.93-0.93-0.440.93-0.84-0.91-0.36
-0.130.24-0.75-0.62-0.68-0.71-0.64-0.85-0.92-0.64-0.95-0.61-0.65-0.85-0.8-0.971.0-0.97-0.430.93-0.86-0.96-0.37
0.3-0.210.830.780.840.860.790.960.870.80.960.780.80.970.920.94-0.860.940.56-0.84-0.860.860.54
0.03-0.450.670.560.630.650.570.880.930.570.930.550.580.90.880.97-0.960.970.36-0.91-0.960.860.24
0.90.510.830.880.870.850.890.390.20.90.50.90.890.380.330.39-0.370.390.85-0.36-0.370.540.24
Click cells to compare fundamentals

Palo Alto Account Relationship Matchups

Palo Alto income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization507.9M304.9M337M332.1M283.3M150.3M
Interest Expense88.7M163.3M27.4M27.2M8.3M7.9M
Selling General Administrative299.6M391.1M405M447.7M680.5M714.5M
Selling And Marketing Expenses1.5B1.8B2.1B2.5B2.8B2.9B
Total Revenue3.4B4.3B5.5B6.9B8.0B8.4B
Gross Profit2.4B3.0B3.8B5.0B6.0B6.3B
Other Operating Expenses3.6B4.6B5.7B6.5B7.3B7.7B
Operating Income(179M)(304.1M)(188.8M)387.3M683.9M718.1M
Ebit(651M)(351.5M)(241.4M)55.2M996.6M1.0B
Research Development768.1M1.1B1.4B1.6B1.8B1.9B
Ebitda(143.1M)(46.6M)95.6M387.3M1.3B1.3B
Cost Of Revenue999.5M1.3B1.7B1.9B2.1B2.2B
Total Operating Expenses2.6B3.3B4.0B4.6B5.3B5.5B
Income Before Tax(231.8M)(465M)(207.2M)566.3M988.3M1.0B
Total Other Income Expense Net(52.8M)(160.9M)(18.4M)179M304.4M319.6M
Net Income(81.9M)(267M)(498.9M)439.7M2.6B2.7B
Income Tax Expense35.2M33.9M59.8M126.6M(1.6B)(1.5B)
Net Income Applicable To Common Shares(81.9M)(267M)(498.9M)439.7M505.7M530.9M
Net Income From Continuing Ops(81.9M)(267M)(498.9M)439.7M2.6B2.7B
Tax Provision35.2M33.9M59.8M126.6M(1.6B)(1.5B)
Interest Income41.4M8.5M15.6M224.4M317.9M333.8M
Net Interest Income(47.3M)(163.3M)(27.4M)(27.2M)309.6M325.1M
Reconciled Depreciation253.5M304.9M282.6M282.2M283.3M236.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Palo Stock Analysis

When running Palo Alto's price analysis, check to measure Palo Alto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Palo Alto is operating at the current time. Most of Palo Alto's value examination focuses on studying past and present price action to predict the probability of Palo Alto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palo Alto's price. Additionally, you may evaluate how the addition of Palo Alto to your portfolios can decrease your overall portfolio volatility.