Sep 1, 4:32 PM ET
Palo Alto Networks reported fiscal fourth-quarter 2026 revenue of $3.41 billion, up 34% year over year, and non-GAAP net income per diluted share of $1.02, up from $0.95. The company posted a GAAP net loss of $282 million, or $0.35 per diluted share, compared with GAAP net income of $254 million, or $0.36, a year earlier, and it also announced the acquisition of Console and fiscal 2027 guidance for revenue of $14.10 billion to $14.20 billion.
- Q4 fiscal 2026 revenue $3.41 billion, up 34% year over year; Next-Generation Security ARR $9.10 billion, up 63%
- GAAP net loss $282 million, or ($0.35) per diluted share, versus GAAP net income of $254 million a year earlier; the filing lists a $524 million change in fair value of convertible senior notes and capped calls among non-GAAP adjustments
- Non-GAAP operating income $1.0 billion versus $768 million a year earlier; adjusted free cash flow $1.3 billion
- Fiscal 2027 guidance: total revenue $14.10 billion to $14.20 billion; diluted non-GAAP EPS $4.16 to $4.19; first-quarter revenue $3.300 billion to $3.310 billion
Read the filing on SEC.gov ↗
Aug 21, 4:15 PM ET
On August 20, 2026, Palo Alto Networks' board approved an Executive Change in Control and Severance Policy covering senior vice presidents and above, including CEO Nikesh Arora and CFO Dipak Golechha. The board also adopted amended and restated bylaws, mainly to align with Delaware law and update routine governance provisions. The filing sets out severance terms but no financial results, so its direct effect on shareholders depends on whether a change in control occurs.
- Policy covers executives including CEO Nikesh Arora, CFO Dipak Golechha, President William "BJ" Jenkins and Chief Product and Technology Officer Lee Klarich
- CEO severance outside a change-in-control period, after a change in control, or for Good Reason: 200% of salary and 200% of target cash incentive, plus 24 months of health benefits; other executive officers receive 150% and 18 months
- Amended and Restated Bylaws took effect immediately on August 20, 2026, and include updates to special board meeting authority and indemnification provisions
Read the filing on SEC.gov ↗
Jun 2, 4:08 PM ET
Palo Alto Networks reported fiscal third-quarter 2026 results for the period ended April 30, 2026. Revenue rose 31% to $3.0 billion, and non-GAAP earnings per diluted share rose to $0.85 from $0.80, but the company posted a GAAP net loss of $177 million, compared with GAAP net income of $262 million a year earlier. The company also gave fiscal 2026 revenue guidance of $11.415 billion to $11.425 billion.
- Total revenue of $3.0 billion, up 31% year over year, including $388 million from CyberArk and Chronosphere.
- GAAP net loss of $177 million, or $(0.22) per diluted share, versus GAAP net income of $262 million, or $0.37 per diluted share, a year earlier.
- Non-GAAP net income of $684 million, or $0.85 per diluted share, versus $0.80 a year earlier.
- Fiscal fourth-quarter revenue guidance of $3.345 billion to $3.355 billion; fiscal 2026 revenue guidance of $11.415 billion to $11.425 billion, up 24%.
Read the filing on SEC.gov ↗
Apr 10, 9:00 PM ET
Palo Alto Networks signed three lease amendments on April 8, 2026, extending the term of its leases on three Santa Clara, California office buildings for 12 years, from August 1, 2028 to July 31, 2040. The landlord is required to provide a tenant improvement allowance of up to $72.50 per rentable square foot, and base rent is abated for the first 12 months of the extended term.
- Extended term runs 12 years, from August 1, 2028 through July 31, 2040
- Base rent is $3.825 per rentable square foot per month after the abatement period, with 2% annual increases
- Landlord tenant improvement allowance of up to $72.50 per rentable square foot
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.