Palo Alto Networks, Inc.

NasdaqGS:PANW Stock Report

Market Cap: US$127.4b

Palo Alto Networks Management

Management criteria checks 2/4

Palo Alto Networks' CEO is Nikesh Arora, appointed in Jun 2018, has a tenure of 7.75 years. total yearly compensation is $99.74M, comprised of 1% salary and 99% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $161.35M. The average tenure of the management team and the board of directors is 4.8 years and 11.1 years respectively.

Key information

Nikesh Arora

Chief executive officer

US$99.7m

Total compensation

CEO salary percentage1.00%
CEO tenure7.8yrs
CEO ownership0.1%
Management average tenure4.8yrs
Board average tenure11.1yrs

Recent management updates

Increases to Palo Alto Networks, Inc.'s (NASDAQ:PANW) CEO Compensation Might Cool off for now

Dec 02
Increases to Palo Alto Networks, Inc.'s (NASDAQ:PANW) CEO Compensation Might Cool off for now

Recent updates

Palo Alto Networks: Strong Growth Acceleration

Feb 21

Palo Alto Networks (PANW): Collateral Damage

PANW is down 22% over the past year and 10.9% in the last seven days alone. Most people are calling it a victim of AI disruption.

AI Security And Platform Consolidation Will Reshape Long-Term Prospects For This Cyber Leader

Catalysts About Palo Alto Networks Palo Alto Networks provides cybersecurity platforms and services that protect enterprise networks, cloud environments, endpoints and identities. What are the underlying business or industry changes driving this perspective?

Increases to Palo Alto Networks, Inc.'s (NASDAQ:PANW) CEO Compensation Might Cool off for now

Dec 02
Increases to Palo Alto Networks, Inc.'s (NASDAQ:PANW) CEO Compensation Might Cool off for now

Risks To Shareholder Returns Are Elevated At These Prices For Palo Alto Networks, Inc. (NASDAQ:PANW)

Jun 30
Risks To Shareholder Returns Are Elevated At These Prices For Palo Alto Networks, Inc. (NASDAQ:PANW)

Palo Alto Networks: Lessons I've Learned From Stocks With 50+ P/E

Apr 26

Palo Alto Networks: Platformization Strategy Is Insufficient To Justify Huge Valuation Multiples (Downgrade)

Mar 25

Palo Alto Networks: Share Price And Fundamentals Continue To Diverge

Feb 22

Palo Alto Networks: Walking A Tightrope Between Growth And Valuation

Feb 11

Palo Alto: Platformization Strategy Driving Double-Digit Growth

Feb 05

Palo Alto Networks: An Unsafe Cybersecurity Play (Technical Analysis)

Jan 13

Palo Alto Networks: Firming Revenue Trends, But Watch Out For Huge Valuation (Rating Upgrade)

Jan 02

Palo Alto's Underwhelming Monetization Cadence Remains Overly Expensive - Downgrade To Sell

Dec 03

Palo Alto Networks Q1 Earnings: Platforming For Success; Mixed Growth Profile

Nov 21

Palo Alto Networks: Transforming Cybersecurity Through Platformization, Buy

Nov 14

Palo Alto Networks Is Plowing Through Its Margin Expansion

Nov 01

CEO Compensation Analysis

How has Nikesh Arora's remuneration changed compared to Palo Alto Networks's earnings?
DateTotal CompensationSalaryCompany Earnings
Jan 31 2026n/an/a

US$1b

Oct 31 2025n/an/a

US$1b

Jul 31 2025US$100mUS$1m

US$1b

Apr 30 2025n/an/a

US$1b

Jan 31 2025n/an/a

US$1b

Oct 31 2024n/an/a

US$3b

Jul 31 2024US$58mUS$1m

US$3b

Apr 30 2024n/an/a

US$2b

Jan 31 2024n/an/a

US$2b

Oct 31 2023n/an/a

US$614m

Jul 31 2023US$151mUS$750k

US$440m

Apr 30 2023n/an/a

US$215m

Jan 31 2023n/an/a

US$34m

Oct 31 2022n/an/a

-US$143m

Jul 31 2022US$10mUS$250k

-US$267m

Apr 30 2022n/an/a

-US$390m

Jan 31 2022n/an/a

-US$461m

Oct 31 2021n/an/a

-US$510m

Jul 31 2021US$23mUS$333k

-US$499m

Apr 30 2021n/an/a

-US$438m

Jan 31 2021n/an/a

-US$368m

Oct 31 2020n/an/a

-US$300m

Jul 31 2020US$2mUS$667k

-US$267m

Apr 30 2020n/an/a

-US$229m

Jan 31 2020n/an/a

-US$174m

Oct 31 2019n/an/a

-US$103m

Jul 31 2019US$24mUS$1m

-US$82m

Compensation vs Market: Nikesh's total compensation ($USD99.74M) is above average for companies of similar size in the US market ($USD13.43M).

Compensation vs Earnings: Nikesh's compensation has increased by more than 20% in the past year.


CEO

Nikesh Arora (57 yo)

7.8yrs
Tenure
US$99,736,336
Compensation

Mr. Nikesh Arora, C.F.A., serves as Director at Uber Technologies, Inc. since June 2025. He serves as the Chairman and Chief Executive Officer of Palo Alto Networks, Inc. since joining it on June 06, 2018....


Leadership Team

NamePositionTenureCompensationOwnership
Nikesh Arora
Chairman & CEO7.8yrsUS$99.74m0.13%
$ 161.4m
William Jenkins
President4.6yrsUS$26.96m0.018%
$ 23.1m
Nir Zuk
Founder Emeritus & Advisor21.2yrsUS$15.71m0.37%
$ 475.1m
Dipak Golechha
Executive VP & CFO5yrsUS$25.53m0.019%
$ 24.2m
Lee Klarich
Executive VPless than a yearUS$25.97m0.12%
$ 146.6m
Yuming Mao
Founder & Chief Architect21.2yrsno datano data
Josh Paul
Senior VP & Chief Accounting Officer4.5yrsno data0.0045%
$ 5.8m
Meerah Rajavel
Chief Information Officer3.9yrsno datano data
Hamza Fodderwala
Senior VP of Investor Relations & Strategic Financeno datano datano data
Bruce Byrd
Executive VP5.2yrsno datano data
Nicole Hockin
Vice President of Global Communicationsno datano datano data
Kelly Waldher
Chief Marketing Officerless than a yearno datano data
4.8yrs
Average Tenure
52yo
Average Age

Experienced Management: PANW's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nikesh Arora
Chairman & CEO7.8yrsUS$99.74m0.13%
$ 161.4m
Lee Klarich
Executive VPless than a yearUS$25.97m0.12%
$ 146.6m
James Goetz
Independent Director20.9yrsno data0.046%
$ 58.9m
Richard Spires
Member of Public Sector Advisory Council11.1yrsno datano data
Mark Goodburn
Independent Directorless than a yearno data0.00010%
$ 127.4k
Peter Pace
Member of Public Sector Advisory Council11.1yrsno datano data
Teri Takai
Member of Public Sector Advisory Council11.1yrsno datano data
John Donovan
Lead Independent Director13.5yrsUS$425.62k0.0046%
$ 5.9m
Carl Eschenbach
Independent Director12.8yrsUS$346.50k0.0025%
$ 3.2m
Rhett Hernandez
Member of Public Sector Advisory Council11.1yrsno datano data
Bruce McConnell
Member of Public Sector Advisory Council11.1yrsno datano data
John Key
Independent Director6.9yrsUS$390.93k0.0023%
$ 2.9m
11.1yrs
Average Tenure
61.5yo
Average Age

Experienced Board: PANW's board of directors are seasoned and experienced ( 11.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/04 22:20
End of Day Share Price 2026/03/04 00:00
Earnings2026/01/31
Annual Earnings2025/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Palo Alto Networks, Inc. is covered by 78 analysts. 45 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam ShepherdArete Research Services LLP
Ellie BagshawArete Research Services LLP
Joseph BonnerArgus Research Company