Palo Alto Networks said total revenue for Q2 of fiscal 2025 was $2.3 billion, representing year-over-year growth of 14.3% compared to $2.0 billion in the prior year period. Product revenue was $421.5 million, or 18.7% of total revenue, representing year-over-year growth of 7.9%.

1. 01

   Palo Alto Networks said total revenue for Q2 of fiscal 2025 was $2.3 billion, representing year-over-year growth of 14.3% compared to $2.0 billion in the prior year period. Product revenue was $421.5 million, or 18.7% of total revenue, representing year-over-year growth of 7.9%.

2. 02

   The company said cloud hosting service costs increased $45.9 million for the 3 months ended January 31, 2025 compared to the same period in the prior year, and cited a litigation-related accrual of $176.8 million for the 3 months ended January 31, 2024 as a factor in the decrease in general and administrative expense.

3. 03

   Palo Alto Networks said it repaid $431.4 million in aggregate principal amount of the 2025 Notes in cash for the 6 months ended January 31, 2025, with a remaining balance of $534.2 million as of January 31, and that the Notes could be converted through the business day immediately preceding March 1, 2025.

4. 04

   The company said cash flow from operations for the 6 months ended January 31, 2025 was $2.1 billion, a decrease of $149.5 million compared to the same period in the prior year, and that contingent consideration obligations related to the acquisition of IBM QRadar assets as of January 31, 2025 were $664.9 million.

Key figures

Quarter ended January 31, 2025

Revenue

$2.3B

Operating income

$240M

Net income

$267M

EPS

$0.38

Gross profit

$1.7B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

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