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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Palo Alto Networks's selling, general, & admin. expense for the
three
months ended in Apr. 2026 was €1,263 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Apr. 2026 was €3,706 Mil.
Palo Alto Networks (HAM:5AP) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Palo Alto Networks Selling, General, & Admin. Expense Related Terms
Palo Alto Networks Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Palo Alto Networks's Selling, General, & Admin. Expense can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Palo Alto Networks Selling, General, & Admin. Expense Chart
HAM:5AP vs PLTR, CRWD, FTNT: Selling, General, & Admin. Expense Comparison
For the Software - Infrastructure subindustry, Palo Alto Networks's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Palo Alto Networks Selling, General, & Admin. Expense vs Software Industry
For the Software industry and Technology sector, Palo Alto Networks's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Palo Alto Networks's Selling, General, & Admin. Expense falls into.
Palo Alto Networks Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,706 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Selling, General, & Admin. Expense of €3,706 Mil mean?
Palo Alto Networks (HAM:5AP) has a Selling, General, & Admin. Expense of €3,706 Mil as of Apr. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Palo Alto Networks and its competitors.
Is Palo Alto Networks' Selling, General, & Admin. Expense too high?
Palo Alto Networks' current Selling, General, & Admin. Expense is €3,706 Mil. Overall, Palo Alto Networks has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Palo Alto Networks' Selling, General, & Admin. Expense compare to PLTR and CRWD?
Palo Alto Networks' Selling, General, & Admin. Expense of €3,706 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Software company?
A good Selling, General, & Admin. Expense depends on the Software industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Palo Alto Networks and its competitors. Palo Alto Networks's current Selling, General, & Admin. Expense is €3,706 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palo Alto Networks stock overvalued right now?
Based on GuruFocus' analysis, Palo Alto Networks (HAM:5AP) is currently considered Significantly Overvalued. The stock's GF Value™ is €185.51, compared to a current price of €315.00 — trading 69.8% above its estimated fair value. The current Selling, General, & Admin. Expense is €3,706 Mil. Palo Alto Networks' overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Palo Alto Networks (HAM:5AP), the current Selling, General, & Admin. Expense is €3,706 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Palo Alto Networks (HAM:5AP) Overvalued in 2026?
Based on GuruFocus' analysis, Palo Alto Networks stock appears to be overvalued.
The current stock price of €315.00 is trading 69.8% above its estimated GF Value™ of €185.51.
GuruFocus considers Palo Alto Networks to be Significantly Overvalued.
Key valuation signals for HAM:5AP:
Selling, General, & Admin. Expense: €3,706 Mil
GF Value™: €185.51 vs. price of €315.00 (69.8% above fair value)
No single metric tells the full story. See the HAM:5AP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 80,000 enterprise customers across the world, including more than three-fourths of the Global 2000.
76GF Score
Get the complete analysis for HAM:5AP
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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