Cybersecurity giant Palo Alto Networks Inc. (NASDAQ:PANW) says that tariffs are no longer a meaningful risk to its hardware business after shifting a bulk of its supply chain and production to the United States.
Supply Chain Reshoring
During the company’s fourth quarter earnings call on Monday, CFO Dipak Golechha highlighted the substantial advantages it now has over competitors after it relocated manufacturing and fulfillment to Texas, a move he says, provides scale, while making global trade and tariff-related tensions “immaterial.”
Galecha stressed that Palo Alto’s decision to relocate production gives the company a unique position in the market. He said the company is now “the only pure play cybersecurity firm” to assemble …