Palo Alto Networks (PANW) has announced its financial results for the fiscal second quarter of 2025, surpassing analyst expectations with a revenue growth of 28% year-over-year. The company’s revenue reached $1.66 billion, outpacing Wall Street’s forecast of $1.58 billion. Following the release, PANW shares soared by up to 11% in after-hours trading. The results highlighted a robust increase in billings, which grew by 27% to $2.08 billion, compared to $1.64 billion in the same quarter of the prior year. CEO Nikesh Arora stated, “Our fiscal second quarter results reflect our continued momentum and strong execution across our product portfolio as we deliver advanced cybersecurity solutions to our customers.” He also noted that the growth was driven by an expanding customer base which has now grown to over 103,000, up from 92,000 the previous year. The company has raised its annual revenue forecast, now expecting between $7.3 billion and $7.35 billion for the fiscal 2025 year, compared to previous estimates of $6.9 billion to $7 billion. This adjustment is a clear indication of the company’s confidence in sustaining growth in the competitive cybersecurity market. As a result, analysts are optimistic about the stock’s performance moving forward, with a price target increase from $270 to $335 by several financial institutions. Investors are keenly watching how Palo Alto Networks will leverage its innovations and customer relationships to maintain this growth trajectory.
Palo Alto Networks Reports Strong Fiscal Second Quarter 2025 Results with Revenue Growth
