PANW · News · 20260912N
Security Product Growth
Palo Alto Networks Inc · 2026-09-12 · Importance 23 · Surprise 64 · In source text
Palo Alto Networks’ next-generation security (NGS) annual recurring revenue increased 63% in fiscal 2026. The report attributes the NGS ARR growth to artificial intelligence and platformization. NGS ARR growth was identified as the key performance measure for evaluating the company’s fiscal 2026 expansion.
Key facts
- Palo Alto Networks Inc's NGS ARR surged 63% in fiscal 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Palo Alto Networks Inc's NGS ARR surged 63% in fiscal 2026. |