Palo Alto Networks reported a 16% year-over-year revenue growth to $2.5 billion in the fiscal first quarter 2026.
Next-Generation Security ARR grew by 29% year over year to reach $5.9 billion.
Remaining performance obligation also showed impressive growth, up by 24% year over year to $15.5 billion.
Strong Start to Fiscal Year
Total revenue increased by 16% compared to the same period last year.
Acquisition Plans
Intent to acquire Chronosphere, a next-gen observability platform, and appointment of Mark Goodburn to the board of directors.
Financial Outlook
Expectations for the fiscal year 2026 include growth in Next-Generation Security ARR and remaining performance obligation.
- Palo Alto Networks demonstrated strong top-line growth and operating efficiency in the fiscal first quarter 2026.
- The acquisition intentions and board appointments signal strategic moves towards becoming a leading data and security partner.
Palo Alto Networks' financial results reflect a successful start to the fiscal year, backed by strong revenue growth and strategic initiatives. The company's outlook for continued growth and profitability highlights confidence in its future performance.