Palo Alto Networks Q4 revenue beats estimates on NGS ARR growth
PANW•Outlook
- Company sees Q1 2027 revenue of $3.3 bln to $3.31 bln
- Palo Alto Networks expects FY27 revenue of $14.1 bln to $14.2 bln
- Company expects FY27 non-GAAP operating margin of 29.5%
Overview
- Cybersecurity firm's fiscal Q4 revenue rose 34% yr/yr, beating analyst expectations
- Adjusted EPS for fiscal Q4 beat analyst expectations
- On September 1, the company announced the acquisition of Console, an AI-native platform, to expand Cortex capabilities
Result Drivers
- NEXT-GEN SECURITY ARR - Co said Q4 results were driven by 63% yr/yr growth in Next-Generation Security ARR
- PLATFORM STRENGTH - Strength across Network & AI Security, Cortex, and Idira platforms fueled results, per CFO Dipak Golechha
- AI PRIORITY TAILWINDS - Co said latest AI advancements elevated cybersecurity to CIO priority, providing durable tailwinds, per CEO Nikesh Arora
Key Details and Analyst Coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q4 Revenue | Beat | $3.41 bln | $3.35 bln (42 Analysts) |
