Palo Alto Networks Inc (PANW) Earnings History

5 quarters held6/8 transcripts analyzed0/25 figures attested
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Q3 2026$3.0B+31.1%
LATESTEarnings filing (8-K)10-QFiled Jun 2, 2026, 4:08 PM ET
Earnings call · Jun 2, 2026deckdeck
Q3 FY26YoY9M FY26
Revenue$3.0B+31.1%$8.1B
Net income$-177.0M-167.6%$589.0M
Op income$-183.0M-183.6%$523.0M
EPS (dil.)$-0.22-159.5%
EPS (basic)$-0.22-156.4%
Gross margin67.5%-5.4pp
Op margin-6.1%-15.7pp
Net margin-5.9%-17.4pp

Guidance & outlook

Management guidance

Q3 2026

FY2026

Next-Generation Security ARR
8.9B8.9B
representing year-over-year growth of 59% to 60%
Remaining Performance Obligation
20.9B21.0B
representing year-over-year growth of 32% to 33%
Total Revenue
$11.4B$11.4B
representing year-over-year growth of 24%
Non-GAAP operating margin
28.9%29.2%
Diluted non-GAAP net income per share
$3.77$3.79
using 763 million to 766 million shares outstanding
Adjusted free cash flow margin
37.5%

Q4 2026

Next-Generation Security ARR
8.9B8.9B
representing year-over-year growth of 59% to 60%
Remaining Performance Obligation
20.9B21.0B
representing year-over-year growth of 32% to 33%
Total Revenue
$3.3B$3.4B
representing year-over-year growth of 32%
Diluted non-GAAP net income per share
$0.96$0.98
using 830 million to 840 million shares outstanding

Special items & operational metrics

Operational metrics

Q3 2026
Remaining Performance Obligation
18400.0M
+36.0% YoY
dollars
Next-Generation Security ARR
8100.0M
+60.0% YoY
dollars
Q2 2026$2.6B+15.0%
Earnings filing (8-K)10-QFiled Feb 17, 2026, 4:14 PM ET
Q2 FY26YoY6M FY26
Revenue$2.6B+15.0%
Net income$432.0M+61.8%$766.0M
Op income$397.0M+64.7%$706.0M
EPS (dil.)$0.61+60.5%
EPS (basic)$0.61+48.8%
Gross margin73.6%+0.1pp
Op margin15.3%+4.6pp
Net margin16.6%+4.8pp
Q1 2026$2.5B+15.7%
Earnings filing (8-K)10-QFiled Nov 19, 2025, 4:16 PM ET
Q1 FY26YoY
Revenue$2.5B+15.7%
Net income$334.0M-4.8%
Op income$309.0M+8.0%
EPS (dil.)$0.47-4.1%
EPS (basic)$0.49-9.3%
Gross margin74.2%+0.1pp
Op margin12.5%-0.9pp
Net margin13.5%-2.9pp
Q4 2025$2.5B+15.8%
Earnings filing (8-K)10-KFiled Aug 18, 2025, 4:13 PM ET
Earnings calldeckdeck
Q4 FY25YoYFY25
Revenue$2.5B+15.8%$9.2B
Net income$253.8M-29.0%$1.1B
Op income$497.2M+108.6%$1.2B
EPS (dil.)$0.36-29.4%$1.60
EPS (basic)$0.38-30.9%$1.71
Gross margin73.2%-0.6pp
Op margin19.6%+8.7pp
Net margin10.0%-6.3pp
Q2 2025$2.3B+14.3%
10-QFiled Feb 13, 2025, 4:09 PM ET
Q2 FY25YoY
Revenue$2.3B+14.3%
Net income$267.3M-84.7%
Op income$240.4M+348.5%
EPS (dil.)$0.38-84.4%
EPS (basic)
Net margin11.8%-76.6pp

Filing coverage

61 filings indexed · 49,767 XBRL facts
FilingDatePeriodSectionsTables
10-Q2026-06-034492
8-K2026-06-02Q3 202670
8-K2026-04-1320
8-K2026-03-2310
8-K2026-03-1110
10-Q2026-02-182233
8-K2026-02-17Q2 202650
8-K2026-02-1120
8-K2025-12-1130
8-K2025-11-2110

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