PANW · News · 20260902N
Revenue Performance and Mix
Palo Alto Networks Inc · 2026-09-02 · Importance 57 · Surprise 38 · No source text
Palo Alto Networks reported fiscal Q4 2026 revenue of $3.41 billion, up 34% year over year and above the $3.35 billion consensus estimate. Fiscal 2026 revenue reached $11.5 billion, increasing 24% year over year. Growth was driven by adoption of the company’s network security, SASE, Cortex, identity and observability platforms, with SASE and network security specifically cited as major contributors.
Key facts
- Q4 FY2026 revenue: $3.41 billion, up 34% year-over-year. source
- Full fiscal year 2026 revenue: $11.5 billion, up 24% year-over-year. source
- Remaining Performance Obligations (RPO) surpassed $20 billion. source
- NGS ARR included nearly $1 billion in net new ARR. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +74.1% | Full fiscal year 2026 revenue: $11.5 billion, up 24% year-over-year. |
| revenue | positive | realized | +28.8% | Q4 FY2026 revenue: $3.41 billion, up 34% year-over-year. |
| revenue | positive | realized | — | Remaining Performance Obligations (RPO) surpassed $20 billion. |