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Palo Alto Networks Q3 revenue jumps 31% as AI-driven cybersecurity demand accelerates

Company Fundamentals
02 Jun 2026
PRNewsWire
View Source
Bullish
pluang ai news

Palo Alto Networks reported a 31% year-over-year revenue increase to $3.0 billion in Q3 fiscal 2026, driven by strong demand for AI-focused cybersecurity solutions. Next-Generation Security ARR grew 60% to $8.1 billion, reflecting customer urgency to secure AI deployments. Despite a GAAP operating loss due to acquisition-related costs, non-GAAP operating income rose to $814 million. The company expects continued growth with Q4 revenue guidance around $3.35 billion and aims for a 40% adjusted free cash flow margin by fiscal 2028.

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