AI English summary of an SEC filing — figures as filed
Palo Alto Networks PANWPalo Alto Networks said total revenue for fiscal 2025 Q3 ended April 30, 2025 was $2,289.0 million, up 15% from $1,984.8 million in the prior-year period. GAAP net income was $262.1 million, or $0.37 per diluted share, compared with $278.8 million, or $0.39 per diluted share, in the prior-year period.
Key points
AI summaryPalo Alto Networks said total revenue for fiscal 2025 Q3 ended April 30, 2025 was $2,289.0 million, up 15% from $1,984.8 million in the prior-year period. GAAP net income was $262.1 million, or $0.37 per diluted share, compared with $278.8 million, or $0.39 per diluted share, in the prior-year period.
The company disclosed that non-GAAP operating income for Q3 was $627.1 million with a non-GAAP operating margin of 27.4%, and non-GAAP net income was $560.9 million, or $0.80 per diluted share. In the prior-year period, non-GAAP operating income was $507.9 million with a margin of 25.6%, and non-GAAP net income was $454.9 million, or $0.66 per diluted share.
Palo Alto Networks said Next-Generation Security ARR grew 34% year over year to $5.1 billion, and remaining performance obligation grew 19% year over year to $13.5 billion.
The company provided guidance for fiscal 2025 Q4 total revenue of $2.49 billion to $2.51 billion and full-year total revenue of $9.17 billion to $9.19 billion, representing 14% year-over-year growth. It guided for full-year non-GAAP operating margin of 28.2% to 28.5% and adjusted free cash flow margin of 37.5% to 38.0%.
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 Q3 Revenue and GAAP Net Income
Palo Alto Networks said total revenue for fiscal 2025 Q3 ended April 30, 2025 was $2,289.0 million, up 15% from $1,984.8 million in the prior-year period. GAAP net income was $262.1 million, or $0.37 per diluted share, compared with $278.8 million, or $0.39 per diluted share, in the prior-year period.
Source · Based on the filing body and exhibits
Non-GAAP Operating Income and Net Income Reconciliation
The company disclosed that non-GAAP operating income for Q3 was $627.1 million with a non-GAAP operating margin of 27.4%, and non-GAAP net income was $560.9 million, or $0.80 per diluted share. In the prior-year period, non-GAAP operating income was $507.9 million with a margin of 25.6%, and non-GAAP net income was $454.9 million, or $0.66 per diluted share.
Source · Based on the filing body and exhibits
Next-Generation Security ARR and Remaining Performance Obligation
Palo Alto Networks said Next-Generation Security ARR grew 34% year over year to $5.1 billion, and remaining performance obligation grew 19% year over year to $13.5 billion.
Source · Based on the filing body and exhibits
Fiscal 2025 Q4 and Full-Year Guidance
The company provided guidance for fiscal 2025 Q4 total revenue of $2.49 billion to $2.51 billion and full-year total revenue of $9.17 billion to $9.19 billion, representing 14% year-over-year growth. It guided for full-year non-GAAP operating margin of 28.2% to 28.5% and adjusted free cash flow margin of 37.5% to 38.0%.
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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