PANW · News · 20261013N

Platformization Demand Trends

Palo Alto Networks Inc · 2026-10-13 · Importance 41 · Surprise 48

TD Cowen highlighted Palo Alto Networks’ shift toward a broader security software platform. The company generated 220 net new platformization deals, indicating continued customer adoption of integrated security offerings. Fiscal 2026 revenue reached $11.48 billion, up 24.5% year over year, supporting strong demand for the platform strategy.

Key facts

• TD Cowen noted Palo Alto Networks is shifting towards a broader security software platform. source
• TD Cowen highlighted that Palo Alto Networks has 220 net new platformization deals. source