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Palo Alto Networks (PANW) reported fourth-quarter revenue of $2.5 billion, in line with analyst expectations. The fourth-quarter Next-Generation Security ARR was $5.6 billion, slightly above analyst expectations of $5.5 billion. It is expected that the revenue for the 2026 fiscal year will be between $10.48 billion and $10.53 billion, slightly higher than analyst expectations of $10.44 billion. The Next-Generation Security ARR for the 2026 fiscal year is expected to be between $7 billion and $7.1 billion. The first-quarter revenue is expected to be between $2.45 billion and $2.47 billion, in line with analyst expectations of $2.45 billion. The first-quarter Next-Generation Security ARR is expected to be between $5.82 billion and $5.84 billion. After hours trading of the stock surged over 5.6%.
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