Palo Income Statement Research

PANW Stock

USD 281.68 3.97 1.43%

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 Palo Alto Valuation and Palo Alto Correlation analysis.

At this time, Palo Alto's Research Development is fairly stable compared to the past year. EBITDA is likely to climb to about 716.7 M in 2024, whereas Net Interest Income is likely to drop (25.7 M) in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	27.4M	27.2M	31.3M	36.4M
Depreciation And Amortization	9M	206.2M	237.1M	249.0M

Interest Expense Depreciation And Amortization

Palo Alto income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.03	0.73	0.78	0.79	0.8	0.76	0.81	0.8	0.73	0.9	0.75	0.76	0.85	0.9	0.82	0.84	0.85	0.65	-0.72	0.83	0.93	0.24	0.48
Interest Expense	0.03		0.46	0.37	0.31	0.3	0.35	-0.3	-0.35	0.33	-0.23	0.33	0.36	-0.33	-0.25	-0.39	0.06	-0.35	0.58	0.02	0.04	-0.03	-0.81	0.58
Selling General Administrative	0.73	0.46		0.99	0.98	0.97	0.99	0.5	0.47	0.97	0.59	0.98	0.99	0.5	0.57	0.42	0.87	0.47	0.92	-0.6	0.85	0.73	-0.25	0.89
Selling And Marketing Expenses	0.78	0.37	0.99		0.99	0.99	1.0	0.59	0.56	0.99	0.67	0.99	1.0	0.59	0.65	0.52	0.92	0.57	0.89	-0.65	0.9	0.8	-0.17	0.88
Total Revenue	0.79	0.31	0.98	0.99		1.0	1.0	0.65	0.62	0.99	0.72	1.0	1.0	0.65	0.68	0.58	0.94	0.63	0.85	-0.68	0.94	0.84	-0.16	0.87
Gross Profit	0.8	0.3	0.97	0.99	1.0		1.0	0.66	0.64	0.99	0.73	1.0	1.0	0.66	0.69	0.59	0.95	0.64	0.85	-0.69	0.94	0.85	-0.15	0.87
Other Operating Expenses	0.76	0.35	0.99	1.0	1.0	1.0		0.6	0.57	1.0	0.67	1.0	1.0	0.6	0.64	0.52	0.92	0.57	0.87	-0.65	0.91	0.8	-0.2	0.89
Operating Income	0.81	-0.3	0.5	0.59	0.65	0.66	0.6		0.99	0.62	0.97	0.61	0.59	0.99	0.91	0.99	0.83	0.99	0.33	-0.68	0.84	0.92	0.28	0.37
Ebit	0.8	-0.35	0.47	0.56	0.62	0.64	0.57	0.99		0.59	0.98	0.58	0.56	0.99	0.87	0.98	0.81	0.98	0.28	-0.68	0.83	0.92	0.31	0.33
Research Development	0.73	0.33	0.97	0.99	0.99	0.99	1.0	0.62	0.59		0.68	1.0	0.99	0.61	0.63	0.53	0.93	0.58	0.83	-0.66	0.92	0.8	-0.23	0.9
Ebitda	0.9	-0.23	0.59	0.67	0.72	0.73	0.67	0.97	0.98	0.68		0.68	0.67	0.98	0.92	0.97	0.87	0.98	0.42	-0.76	0.88	0.97	0.29	0.41
Cost Of Revenue	0.75	0.33	0.98	0.99	1.0	1.0	1.0	0.61	0.58	1.0	0.68		1.0	0.61	0.64	0.54	0.93	0.58	0.86	-0.66	0.92	0.8	-0.19	0.89
Total Operating Expenses	0.76	0.36	0.99	1.0	1.0	1.0	1.0	0.59	0.56	0.99	0.67	1.0		0.59	0.64	0.51	0.92	0.57	0.88	-0.65	0.91	0.8	-0.2	0.89
Income Before Tax	0.85	-0.33	0.5	0.59	0.65	0.66	0.6	0.99	0.99	0.61	0.98	0.61	0.59		0.93	1.0	0.82	0.99	0.34	-0.67	0.83	0.93	0.36	0.34
Total Other Income Expense Net	0.9	-0.25	0.57	0.65	0.68	0.69	0.64	0.91	0.87	0.63	0.92	0.64	0.64	0.93		0.92	0.8	0.93	0.48	-0.68	0.8	0.89	0.43	0.34
Net Income	0.82	-0.39	0.42	0.52	0.58	0.59	0.52	0.99	0.98	0.53	0.97	0.54	0.51	1.0	0.92		0.76	0.99	0.27	-0.65	0.78	0.9	0.41	0.26
Income Tax Expense	0.84	0.06	0.87	0.92	0.94	0.95	0.92	0.83	0.81	0.93	0.87	0.93	0.92	0.82	0.8	0.76		0.8	0.67	-0.77	1.0	0.94	-0.01	0.73
Net Income From Continuing Ops	0.85	-0.35	0.47	0.57	0.63	0.64	0.57	0.99	0.98	0.58	0.98	0.58	0.57	0.99	0.93	0.99	0.8		0.32	-0.72	0.82	0.93	0.38	0.3
Non Operating Income Net Other	0.65	0.58	0.92	0.89	0.85	0.85	0.87	0.33	0.28	0.83	0.42	0.86	0.88	0.34	0.48	0.27	0.67	0.32		-0.44	0.65	0.57	-0.23	0.84
Non Recurring	-0.72	0.02	-0.6	-0.65	-0.68	-0.69	-0.65	-0.68	-0.68	-0.66	-0.76	-0.66	-0.65	-0.67	-0.68	-0.65	-0.77	-0.72	-0.44		-0.77	-0.79	-0.07	-0.36
Tax Provision	0.83	0.04	0.85	0.9	0.94	0.94	0.91	0.84	0.83	0.92	0.88	0.92	0.91	0.83	0.8	0.78	1.0	0.82	0.65	-0.77		0.94	-0.01	0.72
Interest Income	0.93	-0.03	0.73	0.8	0.84	0.85	0.8	0.92	0.92	0.8	0.97	0.8	0.8	0.93	0.89	0.9	0.94	0.93	0.57	-0.79	0.94		0.13	0.57
Net Interest Income	0.24	-0.81	-0.25	-0.17	-0.16	-0.15	-0.2	0.28	0.31	-0.23	0.29	-0.19	-0.2	0.36	0.43	0.41	-0.01	0.38	-0.23	-0.07	-0.01	0.13		-0.47
Reconciled Depreciation	0.48	0.58	0.89	0.88	0.87	0.87	0.89	0.37	0.33	0.9	0.41	0.89	0.89	0.34	0.34	0.26	0.73	0.3	0.84	-0.36	0.72	0.57	-0.47

Click cells to compare fundamentals

Palo Alto Account Relationship Matchups

Palo Alto income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	88.7M	163.3M	27.4M	27.2M	31.3M	36.4M
Total Revenue	3.4B	4.3B	5.5B	6.9B	7.9B	8.3B
Gross Profit	2.4B	3.0B	3.8B	5.0B	5.7B	6.0B
Operating Income	(179M)	(304.1M)	(188.8M)	387.3M	348.6M	366.0M
Ebit	(179M)	(304.1M)	(188.8M)	387.3M	348.6M	366.0M
Research Development	768.1M	1.1B	1.4B	1.6B	1.8B	1.9B
Ebitda	(143.1M)	(301.7M)	(179.8M)	593.5M	682.5M	716.7M
Cost Of Revenue	999.5M	1.3B	1.7B	1.9B	2.2B	2.3B
Income Before Tax	(231.8M)	(465M)	(207.2M)	566.3M	509.7M	535.2M
Net Income	(81.9M)	(267M)	(498.9M)	439.7M	395.7M	415.5M
Income Tax Expense	35.2M	33.9M	59.8M	126.6M	145.6M	152.9M
Tax Provision	35.2M	33.9M	59.8M	126.6M	145.6M	152.9M
Interest Income	41.4M	8.5M	15.6M	224.4M	258.1M	271.0M
Net Interest Income	(47.3M)	(163.3M)	(27.4M)	(27.2M)	(24.5M)	(25.7M)

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Palo Alto Networks using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

When determining whether Palo Alto Networks is a strong investment it is important to analyze Palo Alto's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Palo Alto's future performance. For an informed investment choice regarding Palo Stock, refer to the following important reports:

How To Invest In Palo

Details

Is Palo Stock a good investment?

Details

What is Palo Alto's Net Worth?

Details

Largest Systems Software Companies

View

Largest Software - Infrastructure Companies

View

Check out Palo Alto Valuation and Palo Alto Correlation analysis.

You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary 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.

	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
	Stocks Directory Find actively traded stocks across global markets
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope

Is Palo Alto's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Palo Alto. If investors know Palo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Palo Alto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

18.56

Earnings Share

6.47

Revenue Per Share

24.27

Quarterly Revenue Growth

0.193

Return On Assets

0.0309

The market value of Palo Alto Networks is measured differently than its book value, which is the value of Palo that is recorded on the company's balance sheet. Investors also form their own opinion of Palo Alto's value that differs from its market value or its book value, called intrinsic value, which is Palo Alto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Palo Alto's market value can be influenced by many factors that don't directly affect Palo Alto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Palo Alto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palo Alto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palo Alto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Palo Income Statement Research

Palo Alto income statement Correlations

Palo Alto Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Palo Alto income statement Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Palo Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Selling And Marketing Expenses
Total Operating Expenses	+ 1.0	Selling And Marketing Expenses
Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Total Revenue

Net Interest Income	- 0.81	Interest Expense
Interest Income	- 0.79	Non Recurring
Tax Provision	- 0.77	Non Recurring
Non Recurring	- 0.77	Income Tax Expense
Non Recurring	- 0.76	Ebitda
Non Recurring	- 0.72	Net Income From Continuing Ops