Palo Alto Networks · 2026-06-02
Palo Alto Networks (PANW) Fiscal Q3 2026 Earnings: Platformization, NGS ARR & Cybersecurity Outlook Earnings Release Summary
Revenue: $3.0B revenue, up 31% year over year; Profitability: $0.85 non-GAAP diluted EPS and $910M of adjusted free cash flow; Guidance: fiscal Q4 revenue guidance was $3.345B-$3.355B, with NGS ARR expected at $8.90B-$8.95B
Revenue: $3.0B revenue, up 31% year over year
Profitability: $0.85 non-GAAP diluted EPS and $910M of adjusted free cash flow
Guidance: fiscal Q4 revenue guidance was $3.345B-$3.355B, with NGS ARR expected at $8.90B-$8.95B
Reported data
PANW key reported figures
Revenue: $3.0B revenue, up 31% year over year
Next-Generation Security ARR grew 60% year over year to $8.1B, including CyberArk and Chronosphere
Profitability: $0.85 non-GAAP diluted EPS and $910M of adjusted free cash flow
The profit line has to be read with margin quality, cash flow, and any one-time factors.
Guidance: fiscal Q4 revenue guidance was $3.345B-$3.355B, with NGS ARR expected at $8.90B-$8.95B
The forward guide is the main post-earnings valuation reset.
Sources