Palo Alto Networks (PANW) official guidance
Palo Alto Networks (PANW) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suitePANWPalo Alto Networks IncFY2027 · ends 2027-07-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC$11.1B – $11.2Bmaintained
For the fiscal year 2027, we expect NGS ARR of $11.075 billion-$11.175 billion, or 22%-23% growth.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC$11.1B – $11.2Bnew
Next-Generation Security ARR of $11.075 billion to $11.175 billion, representing year-over-year growth of 22% to 23%.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncFY2030+ · ends 2030-07-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC$20Bmaintained
As we look forward, we remain on track towards our long-term objective of over 4,000 platformizations by fiscal 2030, which serves as a bedrock for reaching our $20 billion Next-Generation Security ARR target.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-02-18 05:01:14 UTC$20Bmaintained
Taken together, we believe this disciplined approach to integration reinforces our confidence in delivering sustained growth and operating leverage, enabling us to achieve our target of 40% free cash flow margin by fiscal 2028, and our longer term goal of $20 billion in NGS ARR by fiscal 2030.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2025-11-20 05:01:04 UTC$20Bnew
As such, we are raising our expectations from $15 billion to $20 billion in ARR for FY2030.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
PANWPalo Alto Networks IncQ1 FY2027 · ends 2026-10-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC$9.5B – $9.6Bmaintained
For the fiscal first quarter 2027, we expect the Q1, we expect NGS ARR of $9.54 billion-$9.56 billion, or 63% growth.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC$9.5B – $9.6Bnew
Next-Generation Security ARR of $9.54 billion to $9.56 billion, representing year-over-year growth of 63%.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncFY2027 · ends 2027-07-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC844M – 847Mmaintained
Fully diluted share count of 844-847 million shares, and adjusted free cash flow margin of 38%.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC844M – 847Mnew
Diluted non-GAAP net income per share in the range of $4.16 to $4.19, using 844 million to 847 million shares outstanding.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncQ1 FY2027 · ends 2026-10-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC837M – 844Mmaintained18.1% – 19% vs Q1 FY2026
Fully diluted share count of 837 million-844 million shares, and diluted non-GAAP EPS to be in the range of $0.96-$0.98 share.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC837M – 844Mnew18.1% – 19% vs Q1 FY2026
Diluted non-GAAP net income per share in the range of $0.96 to $0.98, using 837 million to 844 million shares outstanding.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncFY2027 · ends 2027-07-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC$4.16 – $4.19maintained
Regarding operating margin of 29.5% and diluted non-GAAP EPS to be in the range of $4.16-$4.19 per share.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC$4.16 – $4.19new
Diluted non-GAAP net income per share in the range of $4.16 to $4.19, using 844 million to 847 million shares outstanding.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncQ1 FY2027 · ends 2026-10-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC$0.96 – $0.98maintained
Fully diluted share count of 837 million-844 million shares, and diluted non-GAAP EPS to be in the range of $0.96-$0.98 share.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC$0.96 – $0.98new
Diluted non-GAAP net income per share in the range of $0.96 to $0.98, using 837 million to 844 million shares outstanding.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncFY2027 · ends 2027-07-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC38%maintained
Fully diluted share count of 844-847 million shares, and adjusted free cash flow margin of 38%.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC38%new
Adjusted free cash flow margin to be 38.0%.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncFY2028 · ends 2028-07-31
1 metric1 newearnings call · 24d
2026-09-02 04:01:35 UTC40%new
This cash flow visibility, paired with our continued focus on margin expansion and durable double-digit bookings growth, reinforces our confidence in achieving our 40% free cash flow margin target in fiscal 2028.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
PANWPalo Alto Networks IncH4 FY2027 · ends 2027-07-31
1 metric1 newearnings call · 24d
2026-09-02 04:01:35 UTC60% – 61%new
We expect 60%-61% of the net new NGS ARR to fall in the second half of fiscal year 2027.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
PANWPalo Alto Networks IncFY2027 · ends 2027-07-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC29.5%maintained
Regarding operating margin of 29.5% and diluted non-GAAP EPS to be in the range of $4.16-$4.19 per share.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC29.5%new
Non-GAAP operating margin of 29.5%.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncFY2030+ · ends 2030-07-31
1 metricearnings call · 24d
2026-09-02 04:01:35 UTCat least 4K
As we look forward, we remain on track towards our long-term objective of over 4,000 platformizations by fiscal 2030, which serves as a bedrock for reaching our $20 billion Next-Generation Security ARR target.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-06-03 04:01:22 UTCat least 4Knew
Moving forward, we remain confident in surpassing 4,000 platformizations by fiscal 2030, providing the primary momentum towards our $20 billion target for NGS ARR.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
PANWPalo Alto Networks IncFY2027 · ends 2027-07-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC$25.2B – $25.4Bmaintained
We expect RPO of $25.2 billion-$25.4 billion or 19%-20% growth.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC$25.2B – $25.4Bnew
Remaining performance obligations of $25.2 billion to $25.4 billion, representing year-over-year growth of 19% to 20%.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncQ1 FY2027 · ends 2026-10-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC$20.8B – $20.9Bmaintained
We expect RPO of $20.8 billion-$20.9 billion, or 34%-35% growth.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC$20.8B – $20.9Bnew
Remaining performance obligations of $20.8 billion to $20.9 billion, representing year-over-year growth of 34% to 35%.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncFY2027 · ends 2027-07-31
2 metrics1 new1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC$1.5Bnew
We expect Idira revenue of approximately $1.5 billion, representing pro forma growth of high teens to 20% year-over-year.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-02 04:01:35 UTC$14.1B – $14.2Bmaintained
We expect revenue of $14.1 billion-$14.2 billion or 23%-24% growth.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC$14.1B – $14.2Bnew
Total revenue in the range of $14.10 billion to $14.20 billion, representing year-over-year growth of 23% to 24%.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncQ1 FY2027 · ends 2026-10-31
1 metric1 maintainedearnings call · 24d
2026-09-02 04:01:35 UTC$3.3B – $3.3Bmaintained33.4% – 33.8% vs Q1 FY2026
We expect revenue of $3.3 billion-$3.31 billion, or 33%-34% growth.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-01 20:33:01 UTC$3.3B – $3.3Bnew33.4% – 33.8% vs Q1 FY2026
Total revenue in the range of $3.300 billion to $3.310 billion, representing year-over-year growth of 33% to 34%.
PANW · EX-99.1 · Q4 FY2026
2026-09-01 20:32:15 UTCOpen source
PANWPalo Alto Networks IncFY2027 · ends 2027-07-31
2 metrics2 newearnings call · 24d
2026-09-02 04:01:35 UTC30%new30% vs FY2026
We expect Cortex revenue up approximately 30% year-over-year
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
2026-09-02 04:01:35 UTClow double digits year-over-yearnew10% – 13% vs FY2026
For fiscal year 2027, we expect Network & AI Security revenue growth of low double digits year-over-year.
PANW · transcript · Q4 FY2026
2026-09-02 04:00:00 UTCOpen source
PANWPalo Alto Networks IncFY2026 · ends 2026-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC$8.9B – $8.9Bmaintained
For the fiscal year 2026, we expect NGS ARR of $8.9 billion-$8.95 billion, or 59%-60% growth.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-06-02 20:09:19 UTC$8.9B – $8.9Braised +4.1%
Next-Generation Security ARR of $8.90 billion to $8.95 billion, representing year-over-year growth of 59% to 60%.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
2026-02-18 05:01:14 UTC$8.5B – $8.6Bmaintained
For the fiscal year 2026, we expect NGS ARR to be in the range of $8.52 billion-$8.62 billion, an increase of 53%-54%.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:14:51 UTC$8.5B – $8.6Braised +21.6%
Next-Generation Security ARR of $8.52 billion to $8.62 billion, representing year-over-year growth of between 53% and 54%.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
2025-11-20 05:01:04 UTC$7B – $7.1Bmaintained
For the fiscal year 2026, we expect NGS ARR in the range of $7-$7.1 billion, an increase of 26%-27%.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
2025-11-19 21:17:18 UTC$7B – $7.1Bnew
Next-Generation Security ARR of $7.00 billion to $7.10 billion, representing year-over-year growth of between 26% and 27%.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source
PANWPalo Alto Networks IncQ4 FY2026 · ends 2026-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC$8.9B – $8.9Bmaintained
For the fourth quarter 2026, we expect NGS ARR of $8.9 billion-$8.95 billion, or 59%-60% growth.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-06-02 20:09:19 UTC$8.9B – $8.9Bnew
Next-Generation Security ARR of $8.90 billion to $8.95 billion, representing year-over-year growth of 59% to 60%.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
PANWPalo Alto Networks IncFY2026 · ends 2026-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC763M – 766Mmaintained7.6% – 8% vs FY2025
Fully diluted share count of 763 million-766 million shares, adjusted free cash flow margin of 37.5%.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-06-02 20:09:19 UTC763M – 766Mlowered -0.8%7.6% – 8% vs FY2025
Diluted non-GAAP net income per share in the range of $3.77 to $3.79, using 763 million to 766 million shares outstanding.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
2026-02-18 05:01:14 UTC768M – 773Mmaintained8.3% – 9% vs FY2025
Our fully diluted share count of 768 million-773 million shares, which accounts for the close of the CyberArk acquisition, an adjusted free cash flow margin of 37%.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:14:51 UTC768M – 773Mraised +8.1%8.3% – 9% vs FY2025
Diluted non-GAAP net income per share in the range of $3.65 to $3.70, using 768 million to 773 million shares outstanding.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
2025-11-19 21:17:18 UTC710M – 716Mnew0.1% – 0.9% vs FY2025
Diluted non-GAAP net income per share in the range of $3.80 to $3.90, using 710 million to 716 million shares outstanding.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source
PANWPalo Alto Networks IncQ4 FY2026 · ends 2026-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC830M – 840Mmaintained17.1% – 18.5% vs Q4 FY2025
Fully diluted share counts of 830 million-840 million shares.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-06-02 20:09:19 UTC830M – 840Mnew17.1% – 18.5% vs Q4 FY2025
Diluted non-GAAP net income per share in the range of $0.96 to $0.98, using 830 million to 840 million shares outstanding.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
PANWPalo Alto Networks IncFY2026 · ends 2026-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC$3.77 – $3.79maintained
Diluted non-GAAP EPS to be in the range of $3.77-$3.79.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-06-02 20:09:19 UTC$3.77 – $3.79raised +2.9%
Diluted non-GAAP net income per share in the range of $3.77 to $3.79, using 763 million to 766 million shares outstanding.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
2026-02-18 05:01:14 UTC$3.65 – $3.7maintained
Diluted non-GAAP EPS to be in the range of $3.65-$3.70 per share.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:14:51 UTC$3.65 – $3.7lowered -4.5%
Diluted non-GAAP net income per share in the range of $3.65 to $3.70, using 768 million to 773 million shares outstanding.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
2025-11-20 05:01:04 UTC$3.8 – $3.9maintained
Diluted non-GAAP EPS to be in the range of $3.80-$3.90, an increase of 14%-17%, and adjusted free cash flow margin in the range of 38%-39%.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
2025-11-19 21:17:18 UTC$3.8 – $3.9new
Diluted non-GAAP net income per share in the range of $3.80 to $3.90, using 710 million to 716 million shares outstanding.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source
PANWPalo Alto Networks IncQ4 FY2026 · ends 2026-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC$0.96 – $0.98maintained
Diluted non-GAAP EPS to be in the range of $0.96-$0.98.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-06-02 20:09:19 UTC$0.96 – $0.98new
Diluted non-GAAP net income per share in the range of $0.96 to $0.98, using 830 million to 840 million shares outstanding.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
PANWPalo Alto Networks IncFY2026 · ends 2026-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC37.5%maintained
Fully diluted share count of 763 million-766 million shares, adjusted free cash flow margin of 37.5%.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-06-02 20:09:19 UTC37.5%raised +1.4%
Adjusted free cash flow margin to be 37.5%.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
2026-02-18 05:01:14 UTC37%maintained
Our fully diluted share count of 768 million-773 million shares, which accounts for the close of the CyberArk acquisition, an adjusted free cash flow margin of 37%.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:14:51 UTC37%lowered -3.9%
Adjusted free cash flow margin of 37%.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
2025-11-20 05:01:04 UTC38% – 39%maintained
Diluted non-GAAP EPS to be in the range of $3.80-$3.90, an increase of 14%-17%, and adjusted free cash flow margin in the range of 38%-39%.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
2025-11-19 21:17:18 UTC38% – 39%new
Adjusted free cash flow margin in the range of 38% to 39%.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source
PANWPalo Alto Networks IncFY2028+ · ends 2028-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC40%maintained
All of these factors combined will enable us to hit our CyberArk synergy targets about three to six months earlier than we initially anticipated. This visibility, paired with our continued operating leverage across the overall company, reinforces our confidence in reaching 40% free cash flow margin in fiscal 2028.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-02-18 05:01:14 UTC40%new
Taken together, we believe this disciplined approach to integration reinforces our confidence in delivering sustained growth and operating leverage, enabling us to achieve our target of 40% free cash flow margin by fiscal 2028, and our longer term goal of $20 billion in NGS ARR by fiscal 2030.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
PANWPalo Alto Networks IncFY2026 · ends 2026-07-31
1 metric1 raisedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC28.9% – 29.2%raised +1.0%1542 bps – 1572 bps vs FY2025
Operating margins to be in the range of 28.9%-29.2%.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-02-18 05:01:14 UTC28.5% – 29%lowered -3.4%1502 bps – 1552 bps vs FY2025
Operating margins to be in the range of 28.5%-29%.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2025-11-20 05:01:04 UTC29.5% – 30%new1602 bps – 1652 bps vs FY2025
Operating margins to be in the range of 29.5%-30%.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
PANWPalo Alto Networks IncFY2028 · ends 2028-07-31
1 metric1 newearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC40%new
This acceleration reinforces our path towards the 40% pre-tax cash flow margin in fiscal 2028, which Dipak will talk about more.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
PANWPalo Alto Networks IncFY2026 · ends 2026-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC$20.9B – $21Bmaintained
We expect RPO of $20.9 billion-$21 billion, or 32%-33% growth.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-06-02 20:09:19 UTC$20.9B – $21Braised +3.5%
Remaining performance obligation of $20.9 billion to $21.0 billion, representing year-over-year growth of 32% to 33%.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
2026-02-18 05:01:14 UTC$20.2B – $20.3Bmaintained
Remaining performance obligation of $20.2 billion-$20.3 billion, an increase of 28%, which includes a $1.6 billion contribution from M&A.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:14:51 UTC$20.2B – $20.3Braised +8.6%
Remaining performance obligation of $20.2 billion to $20.3 billion, representing year-over-year growth of 28%.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
2025-11-20 05:01:04 UTC$18.6B – $18.7Bmaintained
Remaining performance obligation of $18.6-$18.7 billion, an increase of 17%-18%.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
2025-11-19 21:17:18 UTC$18.6B – $18.7Bnew
Remaining performance obligation of $18.6 billion to $18.7 billion, representing year-over-year growth of between 17% and 18%.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source
PANWPalo Alto Networks IncQ4 FY2026 · ends 2026-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC$20.9B – $21Bmaintained
We expect RPO of $20.9 billion-$21 billion, or 32%-33% growth.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-06-02 20:09:19 UTC$20.9B – $21Bnew
Remaining performance obligation of $20.9 billion to $21.0 billion, representing year-over-year growth of 32% to 33%.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
PANWPalo Alto Networks IncFY2026 · ends 2026-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC$11.4B – $11.4Bmaintained23.8% – 23.9% vs FY2025
We expect revenue of $11.415 billion-$11.425 billion, or 24% growth.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-06-02 20:09:19 UTC$11.4B – $11.4Braised +1.1%23.8% – 23.9% vs FY2025
Total revenue in the range of $11.415 billion to $11.425 billion, representing year-over-year growth of 24%.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
2026-02-18 05:01:14 UTC$11.3B – $11.3Bmaintained22.3% – 22.6% vs FY2025
Revenue to be in the range of $11.28 billion-$11.31 billion, an increase of 22%-23%.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:14:51 UTC$11.3B – $11.3Braised +7.4%22.3% – 22.6% vs FY2025
Total revenue in the range of $11.28 billion to $11.31 billion, representing year-over-year growth of 22% to 23%.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
2025-11-20 05:01:04 UTC$10.5B – $10.5Bmaintained13.9% – 14.3% vs FY2025
Revenue to be in the range of $10.50-$10.54 billion, an increase of 14%.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
2025-11-19 21:17:18 UTC$10.5B – $10.5Bnew13.9% – 14.3% vs FY2025
Total revenue in the range of $10.50 billion to $10.54 billion, representing year-over-year growth of 14%.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source
PANWPalo Alto Networks IncQ4 FY2026 · ends 2026-07-31
1 metric1 maintainedearnings call · 2026-06-03 04:01:22 UTC
2026-06-03 04:01:22 UTC$3.3B – $3.4Bmaintained31.9% – 32.3% vs Q4 FY2025
We expect revenue of $3.345 billion-$3.355 billion, or 32% growth.
PANW · transcript · Q3 FY2026
2026-06-03 04:00:00 UTCOpen source
2026-06-02 20:09:19 UTC$3.3B – $3.4Bnew31.9% – 32.3% vs Q4 FY2025
Total revenue in the range of $3.345 billion to $3.355 billion, representing year-over-year growth of 32%.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
PANWPalo Alto Networks IncFY2028+ · ends 2028-07-31
1 metricearnings release · 2026-06-02 20:09:19 UTC
2026-06-02 20:09:19 UTC40%
"Our Q3 results reflect strong growth across each of our platforms as we scale. We are executing ahead of our M&A integration plans and improving profitability across our businesses, which keeps us firmly on track to achieve 40% adjusted free cash flow margin in FY28," said Dipak Golechha, chief financial officer of Palo Alto Networks.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
2025-11-20 05:01:04 UTCat least 40%new
As Nikesh mentioned earlier, we are also reiterating our 40%+ adjusted free cash flow margin target for fiscal year 2028, inclusive of both CyberArk and Kronosphere.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
PANWPalo Alto Networks IncFY2026 · ends 2026-07-31
1 metric1 raisedearnings release · 2026-06-02 20:09:19 UTC
2026-06-02 20:09:19 UTC28.9% – 29.2%raised +1.0%
Non-GAAP operating margin in the range of 28.9% to 29.2%.
PANW · EX-99.1 · Q3 FY2026
2026-06-02 20:08:29 UTCOpen source
2026-02-17 21:14:51 UTC28.5% – 29%lowered -3.4%
Non-GAAP operating margin in the range of 28.5% to 29.0%.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
2025-11-19 21:17:18 UTC29.5% – 30%new
Non-GAAP operating margin in the range of 29.5% to 30.0%.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source
PANWPalo Alto Networks IncQ3 FY2026 · ends 2026-04-30
5 metrics5 maintainedearnings call · 2026-02-18 05:01:14 UTC
2026-02-18 05:01:14 UTC$7.9B – $8Bmaintained
For the fiscal third quarter of 2026, we expect NGS ARR to be in the range of $7.94 billion-$7.96 billion, an increase of 56%.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:14:51 UTC$7.9B – $8Bnew
Next-Generation Security ARR of $7.94 billion to $7.96 billion, representing year-over-year growth of 56%.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
2026-02-18 05:01:14 UTC812M – 817Mmaintained14.8% – 15.5% vs Q3 FY2025
Our fully diluted share count of 812 million-817 million shares, which accounts for the close of the CyberArk acquisition on February 11th.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:14:51 UTC812M – 817Mnew14.8% – 15.5% vs Q3 FY2025
Diluted non-GAAP net income per share in the range of $0.78 to $0.80, using 812 million to 817 million shares outstanding.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
2026-02-18 05:01:14 UTC$0.78 – $0.8maintained
Diluted non-GAAP EPS to be in the range of $0.78-$0.80.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:14:51 UTC$0.78 – $0.8new
Diluted non-GAAP net income per share in the range of $0.78 to $0.80, using 812 million to 817 million shares outstanding.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
2026-02-18 05:01:14 UTC$17.9B – $17.9Bmaintained
Remaining performance obligation of $17.85 billion-$17.95 billion, an increase of 32%-33%.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:14:51 UTC$17.9B – $17.9Bnew
Remaining performance obligation of $17.85 billion to $17.95 billion, representing year-over-year growth of between 32% and 33%.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
2026-02-18 05:01:14 UTC$2.9B – $2.9Bmaintained28.5% – 28.7% vs Q3 FY2025
Revenue to be in the range of $2.941 billion-$2.945 billion, an increase of 28%-29%.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
2026-02-17 21:14:51 UTC$2.9B – $2.9Bnew28.5% – 28.7% vs Q3 FY2025
Total revenue in the range of $2.941 billion to $2.945 billion, representing year-over-year growth of between 28% and 29%.
PANW · EX-99.1 · Q2 FY2026
2026-02-17 21:14:09 UTCOpen source
PANWPalo Alto Networks IncFY2026 · ends 2026-07-31
1 metric1 newearnings call · 2026-02-18 05:01:14 UTC
2026-02-18 05:01:14 UTClow 20snew20% – 23% vs FY2025
For Q3, we expect product revenue growth of 25%, and for the year, we expect product revenue growth in the low 20s.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
PANWPalo Alto Networks IncQ3 FY2026 · ends 2026-04-30
1 metric1 newearnings call · 2026-02-18 05:01:14 UTC
2026-02-18 05:01:14 UTC25%new25% vs Q3 FY2025
For Q3, we expect product revenue growth of 25%, and for the year, we expect product revenue growth in the low 20s.
PANW · transcript · Q2 FY2026
2026-02-18 05:00:00 UTCOpen source
PANWPalo Alto Networks IncQ2 FY2026 · ends 2026-01-31
7 metrics3 new4 maintainedearnings call · 2025-11-20 05:01:04 UTC
2025-11-20 05:01:04 UTC$6.1B – $6.1Bmaintained
For the second fiscal quarter 2026, we expect NGS ARR to be in the range of $6.11-$6.14 billion, an increase of 28%.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
2025-11-19 21:17:18 UTC$6.1B – $6.1Bnew
Next-Generation Security ARR of $6.11 billion to $6.14 billion, representing year-over-year growth of 28%.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source
2025-11-20 05:01:04 UTC$130M – $140Mnew173.7% – 194.7% vs Q2 FY2025
Finally, we expect $130 million-$140 million in CapEx in Q2 2026, which is inclusive of a $90 million non-recurring real estate CapEx.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
2025-11-20 05:01:04 UTC$0.93 – $0.95maintained
Revenue to be in the range of $2.57-$2.59 billion, an increase of 14%-15%, and diluted non-GAAP EPS to be in the range of $0.93-$0.95, an increase of 15%-17%.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
2025-11-19 21:17:18 UTC$0.93 – $0.95new
Diluted non-GAAP net income per share in the range of $0.93 to $0.95, using 711 million to 715 million shares outstanding.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source
2025-11-20 05:01:04 UTC$15.8B – $15.8Bmaintained
Remaining performance obligation of $15.75-$15.85 billion, an increase of 21%-22%.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
2025-11-19 21:17:18 UTC$15.8B – $15.8Bnew
Remaining performance obligation of $15.75 billion to $15.85 billion, representing year-over-year growth of between 21% and 22%.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source
2025-11-20 05:01:04 UTC$2.6B – $2.6Bmaintained13.8% – 14.7% vs Q2 FY2025
Revenue to be in the range of $2.57-$2.59 billion, an increase of 14%-15%, and diluted non-GAAP EPS to be in the range of $0.93-$0.95, an increase of 15%-17%.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
2025-11-19 21:17:18 UTC$2.6B – $2.6Bnew13.8% – 14.7% vs Q2 FY2025
Total revenue in the range of $2.57 billion to $2.59 billion, representing year-over-year growth of between 14% and 15%.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source
2025-11-20 05:01:04 UTC17% – 18%new17% – 18% vs Q2 FY2025
Two, we expect product revenue growth for Q2 to be approximately 17%-18%.
PANW · transcript · Q1 FY2026
2025-11-20 05:00:00 UTCOpen source
2025-11-19 21:17:18 UTC711M – 715Mnew0.3% – 0.8% vs Q2 FY2025
Diluted non-GAAP net income per share in the range of $0.93 to $0.95, using 711 million to 715 million shares outstanding.
PANW · EX-99.1 · Q1 FY2026
2025-11-19 21:16:32 UTCOpen source