Palo Alto Networks reports fiscal Q4 and FY2026 results, acquires Console
Palo Alto Networks said it reported fiscal fourth-quarter and fiscal year 2026 results, acquired Console and scheduled an investor webcast to discuss its outlook.
Palo Alto Networks said on Sept. 1 that it reported fiscal fourth-quarter and full-year 2026 financial results for the period ended July 31 and acquired Console, an AI-native platform for enterprise workflows.
In a release datelined Santa Clara, Calif., the company said the Console deal will expand Cortex into broader enterprise agentic transformation. Palo Alto Networks also said AI demand is helping keep cybersecurity near the top of corporate technology priorities.
CEO Nikesh Arora told investors Palo Alto Networks added nearly $1 billion of Net New NGS ARR in a single quarter, according to the release. Arora also said AI advancements are elevating cybersecurity to the top of the CIO priority list and that the company is making progress toward a $20 billion FY30 NGS ARR target.
CFO Dipak Golechha said the company exceeded guidance across the board, citing strength across Network & AI Security, Cortex and Idira platforms. He also said Palo Alto Networks expects to reach a 40% adjusted free cash flow margin in FY28.
The release did not include the specific revenue, profit or earnings-per-share figures in the text provided, but it said the company disclosed non-GAAP financial measures and key metrics along with the results. It also included forward-looking statements about fiscal first quarter 2027 and full-year 2027 outlook.
Palo Alto Networks said the Console acquisition is intended to extend its Cortex business into agentic workflows, which the company described as AI systems that can carry out tasks across enterprise operations. The company did not provide additional deal terms in the text provided.
The company said it will host a public video webcast at 4:30 p.m. Eastern time, 1:30 p.m. Pacific time, to discuss fiscal fourth-quarter and FY2026 results and guidance for fiscal first quarter 2027 and fiscal year 2027. A replay will be available three hours later and archived for one year, the company said.
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