Palo Alto Networks, Inc. (PANW) Announced Q4 2026 Earnings on September 1, 2026, Reporting "revenue grew 34% to $3.41 billion in the fourth quarter" for the Quarter.

Palo Alto Networks reported "total revenue grew 34% to $3.41 billion in the fourth quarter" of fiscal year 2026.

For the full fiscal year 2026, "revenue reached $11.5 billion, up 24% year-over-year." Performance metrics for the fourth quarter included "Q4 non-GAAP EPS of $1.02" and "Q4 non-GAAP operating margin came in at 29.6%." For the fourth quarter, the company reported "adjusted free cash flow... reached $1.29 billion, growing 35% year-over-year," bringing the full fiscal year 2026 "adjusted free cash flow" to "$4.41 billion" with a margin of "38.4%." In addition, "NGS ARR reached $9.1 billion in Q4, up 63%," and "Q4 RPO exceeded $20 billion for the first time, ending the year at $21.2 billion, up 34%."In strategic business updates, management highlighted that "during the fourth quarter, we achieved approximately 220 net new platformizations." In core products, "Prisma AIRS achieved a remarkable milestone in Q4, surpassing $100 million in ARR within just 4 quarters of general availability." Under its observability business, "since finalizing the Chronosphere acquisition in Q2, our observability ARR has more than doubled, eclipsing the $500 million mark." Additionally, the company announced that "we closed our acquisition of Console today" to bring "an AI-first approach to product development." In identity security, the company's CyberArk acquisition is now called "Idira," which reached "$1.26 billion" in pro forma revenue for the "fiscal year '26" and "grew 21%."For notable product launches, the company "expanded our frontier AI Defense Service last month, introducing a multimodal harness that enables enterprises to stress test their environments" and noted they are "the first certified commercial partner for Mythos 5." The company also launched a new product called "Modern PAM" which is "generally available now." In terms of guidance, for the first quarter of fiscal year 2027, the company expects "revenue of $3.3 billion to $3.31 billion, or 33% to 34% growth" and "diluted non-GAAP EPS to be in the range of $0.96 to $0.98 per share." For the full fiscal year 2027, the company forecasts "revenue of $14.1 billion to $14.2 billion, or 23% to 24% growth," "operating margin of 29.5%," and "diluted non-GAAP EPS to be in the range of $4.16 to $4.19 per share."

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