Exhibit 99.1

Palo Alto Networks Reports Fiscal Fourth Quarter and Fiscal Year 2019 Financial Results

Fiscal fourth quarter revenue grows 22 percent year over year to $805.8 million; fiscal year 2019 revenue grows 28 percent year over year to $2.9 billion
Fiscal fourth quarter billings grow 22 percent year over year to $1.1 billion; fiscal year 2019 billings grow 22 percent year over year to $3.5 billion
Deferred revenue grows 27 percent year over year to $2.9 billion

SANTA CLARA, Calif. September 4, 2019 — Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced financial results for its fiscal fourth quarter and fiscal year 2019, ended July 31, 2019.

Total revenue for the fiscal fourth quarter 2019 grew 22 percent year over year to $805.8 million, compared with total revenue of $658.5 million for the fiscal fourth quarter 2018. GAAP net loss for the fiscal fourth quarter 2019 was $20.8 million, or $0.22 per diluted share, compared with GAAP net income of $7.0 million, or $0.07 per diluted share, for the fiscal fourth quarter 2018.

Non-GAAP net income for the fiscal fourth quarter 2019 was $146.9 million, or $1.47 per diluted share, compared with non-GAAP net income of $131.7 million, or $1.34 per diluted share, for the fiscal fourth quarter 2018. A reconciliation between GAAP and non-GAAP information is contained in the tables below.

“We had a strong fourth quarter, surpassing a billion dollars in billings within the quarter for the first time, and achieving approximately 180% year-over-year growth in our newer Prisma and Cortex offerings. This year we acquired and released important new technologies and built a

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The following information was filed by Palo Alto Networks Inc (PANW) on Wednesday, September 4, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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