Palo Alto AI Security ARR Reaches $9.1 Billion, PANW Stock Price Falls
2026-09-02 22:40:53
According to CoinMeta, Palo Alto Networks released its financial report, and fourth-quarter performance exceeded expectations, with revenue for the fiscal year 2027 expected to reach $14.1 to $14.2 billion. The company's report shows that annual recurring revenue from artificial intelligence security (ARR) increased by 63% to $9.1 billion, with sales growing by 34% year-over-year to $3.41 billion, and adjusted earnings per share were $1.02. Despite the strong performance, PANW's stock price reversed its early gains in after-hours trading, indicating investors' high expectations for the company's future growth. Palo Alto CEO Nikesh Arora stated that artificial intelligence is both a threat to cybersecurity and an important opportunity. The company added nearly $1 billion in next-generation security (ARR) in the fourth quarter, with a goal of achieving $20 billion in ARR by the fiscal year 2030.
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Source:Coinpaper
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