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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 · 2026-09-02 04:01:35 UTC
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 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