Palo Alto Networks, Inc. Common Stock (PANW) Financials
Key financial figures for Palo Alto Networks, Inc. Common Stock (Q4 2026).
Palo Alto Networks closed fiscal 2026 with Q4 revenue up 34% year over year to $3.41 billion and Next-Generation Security ARR up 63% to $9.10 billion, while a GAAP net loss of $282 million (versus non-GAAP net income of $853 million) reflected acquisition-related amortization and stock-based compensation charges. Q4 FY2026 total revenue grew 34% year over year to $3.41 billion, beating the company's own guidance range of $3.30-3.31 billion; full fiscal year revenue reached $11.48 billion, up roughly 25% from FY2025's $9.22 billion. Next-Generation Security ARR grew 63% year over year to $9.10 billion, adding nearly $1 billion of net new NGS ARR in the quarter alone; Remaining Performance Obligations grew 34% to $21.2 billion. On the outlook: For Q1 FY2027, Palo Alto Networks guided to total revenue of $3.300-3.310 billion (33-34% YoY growth), Next-Generation Security ARR of $9.54-9.56 billion (63% YoY growth), RPO of $20.8-20.9 billion (34-35% YoY growth), and non-GAAP diluted EPS of $0.96-0.98. For full FY2027, the company guided to total revenue of $14.10-14.20 billion (23-24% YoY growth), NGS ARR of $11.075-11.175 billion (22-23% YoY growth), non-GAAP operating margin of 29.5%, non-GAAP diluted EPS of $4.16-4.19, and adjusted free cash flow margin of 38.0%. Figures are for Q4 FY2026, as Palo Alto Networks, Inc. reported them.
- Revenue
- $3.4B
- Net Income
- -$282M
- EPS
- $-0.40
- Total Assets
- $48.5B
- Operating Cash Flow
- $1.4B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q4 FY2026 | $3.4B | -$282M | -$0.35 | 4.96% | $1.3B |
| Q3 FY2026 | $3.0B | -$177M | -$0.28 | -6.1% | $788M |
| Q2 FY2026 | $2.6B | $432M | $0.60 | 15.42% | |
| Q1 FY2026 | $2.5B | $334M | $0.47 | 12.49% | $1.7B |
| Q4 FY2025 | $2.5B | $254M | $0.36 | 19.6% |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $11.5B | $307M | $0.44 | 6.05% | $4.1B |
| FY2025 | $9.2B | $1.1B | $1.60 | 13.48% | $3.5B |
| FY2024 | $8.0B | $2.6B | $3.64 | 8.52% | $3.1B |
Frequently asked questions
What was Palo Alto Networks, Inc.'s revenue last quarter?
Palo Alto Networks, Inc. reported revenue of $3.41 billion for Q4 FY2026, up 34.4% from the same period a year earlier.
Is Palo Alto Networks, Inc. profitable?
Not in its most recent reported period. Palo Alto Networks, Inc. reported a net loss of $282.0 million for Q4 FY2026, a net margin of -8.27% on revenue.
How has Palo Alto Networks, Inc.'s margin trended?
Operating margin was 4.96% in Q4 FY2026, compared with 19.6% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Palo Alto Networks, Inc. generate?
Palo Alto Networks, Inc. generated free cash flow of $1.27 billion in Q4 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Palo Alto Networks, Inc. Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.