---
schema_version: "secwatch.filing_event.v1"
accession: "0001327567-23-000030"
form_type: "8-K"
ticker: "PANW"
cik: "0001327567"
company_name: "Palo Alto Networks Inc"
filed_at: "2023-11-15T23:59:59+00:00"
generated_at: "2026-06-08T02:06:43.456103+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Palo Alto Networks Q1 FY2024 revenue up 20% YoY to $1.9B; raises FY non-GAAP EPS and margin guidance

## Summary
- Q1 revenue $1.9B (+20% YoY); GAAP EPS $0.56 vs $0.06; non-GAAP EPS $1.38 vs $0.83.
- Remaining performance obligation $10.4B (+26% YoY).
- Q2 guidance: revenue $1.955-$1.985B, non-GAAP EPS $1.29-$1.31.
- FY2024 raised: revenue $8.15-$8.20B, non-GAAP EPS $5.40-$5.53, op margin 26%-26.5%.
- Adjusted free cash flow margin guidance of 37%-38% for FY2024.

## SEC filing metadata
- accession: 0001327567-23-000030
- form_type: 8-K
- ticker: PANW
- cik: 0001327567
- company_name: Palo Alto Networks Inc
- filed_at: 2023-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327567/000132756723000030/0001327567-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327567/000132756723000030/panw-20231115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327567-23-000030
- JSON: https://secwatch.observer/filing/0001327567-23-000030.json
- Plain text: https://secwatch.observer/filing/0001327567-23-000030.txt

## Key facts
- Earnings Releases
  Palo Alto Networks Inc reported its fiscal first quarter 2024, ended October 31, 2023 results: revenue $1.9 billion, net income $194.2 million, EPS $0.56 per diluted share. Guidance raised.
  - Period: its fiscal first quarter 2024, ended October 31, 2023
  - Revenue: $1.9 billion
  - Net income: $194.2 million
  - EPS: $0.56 per diluted share
  - Guidance: raised
  - Result: preliminary results
  source text: in such filing. --- EX-99.1 (EX-99.1) --- Palo Alto Networks Reports Fiscal First Quarter 2024 Financial Results • Fiscal first quarter revenue grew 20% year over year to $1.9 billion. • Remaining performance obligation grew 26% year over year to $10.4 billion. • Fiscal first quarter Non-GAAP operating margin and Non-GAAP net income per share ahead of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327567/000132756723000030/0001327567-23-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.