On this page of StockholderLetter.com we present the latest annual shareholder letter from Palo Alto Networks Inc — ticker symbol PANW. Reading current and past PANW letters to shareholders can bring important insights into the investment thesis.
ill
n
I
Ui
rl
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to another 204 year
Here's
of disruption and
innovation,
pj
Nasdaq
2025
Annual Report &
Proxy Statement
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
1
PRISMA AIRS
BY PALO ALTO NETWORKS
A
Today's leaders are changing the game with
AI, and reinventing their industries. But as
Al reshapes the world at lightning speed,
it also introduces risks that can dim those
very plans. Prisma AIRS, the world's most
comprehensive Al security platform, enables
you to launch your innovations without fear.
So your ideas can energize the world.
BE A GENIUS.
DEPLOY BRAVELY.
 • shareholder letter icon 11/7/2025 Letter Continued (Full PDF)
 • stockholder letter icon 10/27/2023 PANW Stockholder Letter
 • stockholder letter icon 10/29/2024 PANW Stockholder Letter
 • stockholder letter icon More "Application Software" Category Stockholder Letters
 • Benford's Law Stocks icon PANW Benford's Law Stock Score = 92


PANW Shareholder/Stockholder Letter Transcript:

ill
n
I
Ui
rl
i
to another 204 year
Here's
of disruption and
innovation,
pj
Nasdaq
2025
Annual Report &
Proxy Statement
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
1

PRISMA AIRS
BY PALO ALTO NETWORKS
A
Today's leaders are changing the game with
AI, and reinventing their industries. But as
Al reshapes the world at lightning speed,
it also introduces risks that can dim those
very plans. Prisma AIRS, the world's most
comprehensive Al security platform, enables
you to launch your innovations without fear.
So your ideas can energize the world.
BE A GENIUS.
DEPLOY BRAVELY.




shareholder letter icon 11/7/2025 Letter Continued (Full PDF)
 

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