Palo Alto Networks reported Q4 revenue of $3.41 billion and adjusted EPS of $1.02, both surpassing analyst expectations due to strong demand for AI-powered cybersecurity solutions. The company added nearly $1 billion in new next-generation security annual recurring revenue (ARR), which rose 63% year-over-year to $9.1 billion. For fiscal 2027, it projects next-generation security ARR between $11.08 billion and $11.18 billion, and revenue of $14.10 billion to $14.20 billion, both above analyst estimates. The acquisition of AI-native platform Console aims to enhance its Cortex platform, supporting enterprise AI transformation and reinforcing confidence in reaching a $20 billion ARR target by FY2030.
Palo Alto Networks CEO Nikesh Arora highlighted that AI is forcing companies to modernize about $1 trillion of outdated cybersecurity infrastructure that can't handle fast, automated attacks. This shift is expanding growth opportunities for cybersecu...
Palo Alto Networks exceeded fiscal Q4 earnings and revenue estimates, driven by rising AI-related cybersecurity threats. CEO Nikesh Arora highlighted accelerating AI attacks prompting customers to enhance defenses, fueling long-term growth prospects....
Palo Alto Networks announced a 34% revenue increase to $3.41 billion in Q4 FY2026, driven by a 63% rise in Next-Generation Security ARR to $9.1 billion. The company exceeded guidance, boosted by its Network & AI Security, Cortex, and Idira platforms,...
Palo Alto Networks has acquired Console, an AI-native platform that enhances agentic capabilities for faster, automated cybersecurity responses. This acquisition aims to improve security operations by enabling organizations to handle alerts and issue...
Palo Alto Networks is set to report strong earnings per share (EPS) of $0.98 and revenue of $3.35 billion for the upcoming quarter, reflecting significant growth from last year. Investor optimism is driven by robust cybersecurity sector trends and a ...
