Press release
Palo Alto Networks Reports Fiscal First Quarter 2026 Financial Results
Fiscal first quarter revenue grew 16% year over year to $2.5 billion. Next-Generation Security ARR grew 29% year over year to $5.9 billion. Remaining
About this update from Palo Alto Networks, Inc.
[{"type":"text","content":"\n \n Fiscal first quarter revenue grew 16% year over year to $2.5 billion.\n \n \n Next-Generation Security ARR grew 29% year over year to $5.9 billion.\n \n \n Remaining performance obligation grew 24% year over year to $15.5 billion.\n \n \n \n SANTA CLARA, Calif., Nov. 19, 2025 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced today financial results for its fiscal first quarter 2026, ended October 31, 2025.\n Total revenue for the fiscal first quarter 2026 grew 16% year over year to $2.5 billion, compared with total revenue of $2.1 billion for the fiscal first quarter 2025. GAAP net income for the fiscal first quarter 2026 was $334 million, or $0.47 per diluted share, compared with GAAP net income of $351 million, or $0.49 per diluted share, for the fiscal first quarter 2025.\n Non-GAAP net income for the fiscal first quarter 2026 was $662 million, or $0.93 per diluted share, compared with non-GAAP net income of $545 million, or $0.78 per diluted share, for the fiscal first quarter 2025. A reconciliation between GAAP and non-GAAP information is contained in the tables below.\n \"Our strong start to the fiscal year was marked by excellent results across all metrics, and significant platformization wins,\" said Nikesh Arora, chairman and CEO of Palo Alto Networks. \"Our robust innovation engine, paired with the strategic acquisitions of CyberArk and Chronosphere, positions us as the data and security partner of choice in the AI era.\"\n \"We continued to execute with excellence to start the year as shown by our strong top-line growth and operating efficiency,\" said Dipak Golechha, chief financial officer of Palo Alto Networks. \"This sustained profitable growth was reflected by another quarter of 30% plus operating margin and reinforces our confidence in achieving 40% plus adjusted free cash flow margin in FY'28.\"\n Today, Palo Alto Networks announced its intent to acquire Chronosphere, a next-generation observability platform for the data center era. More information can be found here.\n Palo Alto Networks also announced the appointment of Mark Goodburn to the company's board of directors. The company also announced the retirement of Mary Pat McCarthy, one of its longest-serving board members, effective January 23, 2026. More information can be found here.\n \n Financial Outlook\...