AI English summary of an SEC filing — figures as filed
Palo Alto Networks PANWThe company said its fiscal 2025 Q1 total revenue, which ended on October 31, 2024, grew 14% year over year to $2.1 billion. GAAP net income was $350.7 million, or $0.99 per diluted share, compared with $194.2 million, or $0.56 per diluted share, a year earlier.
Key points
AI summaryThe company said its fiscal 2025 Q1 total revenue, which ended on October 31, 2024, grew 14% year over year to $2.1 billion. GAAP net income was $350.7 million, or $0.99 per diluted share, compared with $194.2 million, or $0.56 per diluted share, a year earlier.
Palo Alto Networks said its board approved a two-for-one stock split of its common stock, which will also increase the authorized shares from 1.0 billion to 2.0 billion. Stockholders of record as of the close of trading on December 12, 2024 will receive one additional share for every share held, after the close of trading on December 13. The company said split-adjusted trading is expected to begin on December 16.
The company expects fiscal 2025 total revenue to be between $9.12 billion and $9.17 billion, up 14% year over year, and adjusted free cash flow margin of 37% to 38%. For fiscal Q2, it expects total revenue of $2.22 billion to $2.25 billion and diluted non-GAAP net income per share of $1.54 to $1.56.
The company said non-GAAP net income for Q1 was $544.9 million, or $1.56 per diluted share, and non-GAAP operating income was $616.2 million, with a non-GAAP operating margin of 28.8%. Its GAAP operating income of $286.5 million was adjusted for share-based compensation-related charges of $315.1 million, among other items.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Fiscal 2025 Q1 Revenue and Net Income
The company said its fiscal 2025 Q1 total revenue, which ended on October 31, 2024, grew 14% year over year to $2.1 billion. GAAP net income was $350.7 million, or $0.99 per diluted share, compared with $194.2 million, or $0.56 per diluted share, a year earlier.
Source · Based on the filing body and exhibits
Board Approves 2-for-1 Stock Split
Palo Alto Networks said its board approved a two-for-one stock split of its common stock, which will also increase the authorized shares from 1.0 billion to 2.0 billion. Stockholders of record as of the close of trading on December 12, 2024 will receive one additional share for every share held, after the close of trading on December 13. The company said split-adjusted trading is expected to begin on December 16.
Source · Based on the filing body and exhibits
Full-Year and Q2 Company Outlook
The company expects fiscal 2025 total revenue to be between $9.12 billion and $9.17 billion, up 14% year over year, and adjusted free cash flow margin of 37% to 38%. For fiscal Q2, it expects total revenue of $2.22 billion to $2.25 billion and diluted non-GAAP net income per share of $1.54 to $1.56.
Source · Based on the filing body and exhibits
Non-GAAP Earnings and Operating Income Adjustments
The company said non-GAAP net income for Q1 was $544.9 million, or $1.56 per diluted share, and non-GAAP operating income was $616.2 million, with a non-GAAP operating margin of 28.8%. Its GAAP operating income of $286.5 million was adjusted for share-based compensation-related charges of $315.1 million, among other items.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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