Palo Alto Networks, Inc. (PANW) Q4 2026 Earnings Results

Palo Alto Networks Beats on EPS, Stock Down 5.24%

Palo Alto Networks reported strong earnings with a notable EPS beat, but the stock fell by 5.24% in reaction. Investors may be concerned about the lack of specific guidance and the overall market sentiment despite the impressive revenue growth and expansion in Next-Generation Security ARR. The company's recent acquisitions could enhance its capabilities, but the stock's decline suggests caution among investors.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$1.02	N/A	+100.79%
Revenue	$11.5B	N/A	N/A
Next-Gen Security ARR	$9.1B	N/A	+63%
Operating Margin	29.2%	N/A	N/A

Management

Management commentary

Tone: Confident

Overall, management expressed confidence in the company's strong performance and future growth. They noted significant increases in Next-Generation Security ARR and operating margins.

Management highlighted record Q4 and FY26 results.

They expect FY27 revenue to reach $14.1–$14.2B.

Palo Alto Networks Beats on EPS, Stock Down 5.24%

Key numbers

Management commentary

Palo Alto Networks, Inc.

More earnings this week

Palo Alto Networks Beats on EPS, Stock Down 5.24%

Key numbers

Management commentary