Flash FinanceUS
Pre-market S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Palo Alto Networks (PANW)

Palo Alto Networks agrees to buy Chronosphere for $3.35 billion; Q1 revenue up 16%

Mixed Impact 5 of 5 m&a Written later

Palo Alto Networks agreed to acquire observability platform Chronosphere for a total consideration of $3.35 billion, paid in cash and replacement equity awards, subject to adjustments and closing conditions including regulatory approvals. In its fiscal first quarter ended October 31, 2025, revenue grew 16% to $2.5 billion, while GAAP net income fell to $334 million from $351 million. The board also extended a $1 billion share repurchase authorization to December 31, 2026.

Key points

  • Chronosphere acquisition: $3.35 billion total consideration, expected to close in the second half of fiscal 2026
  • Fiscal Q1 2026: revenue up 16% to $2.5 billion; GAAP net income $334 million, or $0.47 per diluted share, versus $351 million, or $0.49, a year earlier
  • Non-GAAP net income $662 million, or $0.93 per diluted share, versus $545 million, or $0.78, a year earlier
  • Board approved extending the $1 billion buyback authorization to December 31, 2026; about 697 million shares outstanding as of November 11, 2025

The filing

CompanyPalo Alto Networks (PANW)
Form8-K, current report
Filed with the SECNov 19, 2025, 4:16 PM ET
Accession number0001327567-25-000032

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 19, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.