Palo Alto Networks, Inc.
217.16-4.22 (-1.91%)
Oct 29, 4:00:01 PM EDT · NasdaqGS · PANW · USD
Key Stats
Market Cap
146.99BP/E (TTM)
134.88Basic EPS (TTM)
1.61Dividend Yield
0%Recent Filings
8-K
HSR clearance for CyberArk merger
Palo Alto Networks cleared a key antitrust hurdle with early termination of the HSR waiting period on September 24, 2025, for its planned merger with CyberArk, originally announced July 30. The deal still awaits CyberArk shareholder approval and other regulatory nods. Integration risks loom large. Progress accelerates.
10-K
FY2025 results
{"main":"Palo Alto Networks, Inc. reported FY2025 results with revenue of $9.2 billion, up 15% YoY, driven by 18% growth in subscriptions to $5.0 billion. Net income was $1.1 billion, or $1.60 diluted EPS, with non-GAAP EPS of $2.40. The company acquired IBM QRadar assets and Protect AI for $1.1B and $635M, respectively, boosting security operations. Cash and investments stood at $8.5B, with $1.0B remaining for share repurchases. No dividends declared. Outlook for FY2026 includes revenue of $9.3-9.4B and non-GAAP EPS of $2.58-2.60."}
8-K
Strong earnings, leadership shift
Palo Alto Networks reported fiscal Q4 revenue up 16% to $2.5 billion, with full-year revenue rising 15% to $9.2 billion and Next-Generation Security ARR surging 32% to $5.6 billion. Founder Nir Zuk resigned as CTO and director for personal reasons effective August 14, 2025, yet will advise through November 2026; Lee Klarich, longtime Chief Product Officer, steps in as CTO and board member to steer AI-driven platformization. Smooth transition bolsters tech leadership amid robust growth outlook.
8-K
PANW agrees to buy CyberArk
Palo Alto Networks signed a merger agreement on July 30, 2025, to acquire CyberArk through its subsidiary merging with the Israeli firm, converting each CyberArk share into 2.2005 PANW shares plus $45 cash, funded by cash on hand. The deal awaits shareholder approval, Nasdaq listing, HSR clearance, and Israeli regulatory lapses, with closure targeted before July 30, 2026, extendable for approvals. Boards unanimously back it, but CyberArk can't shop around without risking a $750 million breakup fee. Integration hurdles loom large.
8-K
PANW acquires CyberArk for $25B
Palo Alto Networks announced a $25 billion merger to acquire CyberArk on July 30, 2025, offering $45 cash and 2.2005 PANW shares per CyberArk share—a 26% premium. This bolsters PANW's platform by adding CyberArk's Identity Security leadership, targeting a $29 billion TAM amid AI-driven machine identities. Deal closes in H2 FY2026, pending approvals. Integration risks loom large.
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