How has PANW's earnings performance evolved over time?
3/28/2025 08:22pm
Palo Alto Networks (PANW) has demonstrated significant growth in both net income and total revenue over the past three years, with a notable decline in net income in 2022:
1. **Growth in Total Revenue**: The company's total revenue has increased from $5.5 billion in 2022 to $8.03 billion in 2024, indicating a strong upward trend in sales and market expansion.
2. **Net Income Recovery**: After a negative net income of $267 million in 2022, PANW has rebounded with a net income of $439.7 million in 2023 and $2.58 billion in 2024, showing a robust recovery and positive financial performance.
|code|Ticker|Name|Date|Net Income (FY) YoY|Net Income (FY)|market_code|
|---|---|---|---|---|---|---|
|PANW|PANW.O|Palo Alto Networks|2022|46.48226097414312|-2.67E8|185|
|PANW|PANW.O|Palo Alto Networks|2023|264.6816479400749|4.397E8|185|
|PANW|PANW.O|Palo Alto Networks|2024|486.2178758244258|2.5776E9|185|
|code|Ticker|Name|Date|Total Revenue (FY)|Total Revenue (FY) YoY|market_code|
|---|---|---|---|---|---|---|
|PANW|PANW.O|Palo Alto Networks|2022|5.5015E9|29.261530509151573|185|
|PANW|PANW.O|Palo Alto Networks|2023|6.8927E9|25.287648823048258|185|
|PANW|PANW.O|Palo Alto Networks|2024|8.0275E9|16.46379502952399|185|