Earnings call briefFiscal fourth-quarter 2026
Palo Alto Networks sees fiscal 2027 Cortex revenue up approximately 30%
The company also said it expects network and AI security revenue growth of low double digits in fiscal 2027.
GetSignal Palo Alto Networks PANW
Palo Alto Networks said on its fiscal fourth-quarter 2026 call that it expects Cortex revenue up approximately 30% year over year in fiscal 2027. The company also said it expects Idera revenue of approximately $1.5 billion, pro forma growth of high teens to 20%. The company also said it expects 60% to 61% of fiscal 2027 net new NGS ARR to fall in the second half.
Quotes from the call
“We expect Cortex revenue up approximately 30% year over year, and we expect IDERA revenue of approximately $1.5 billion, representing pro form a growth of high teens to 20%.”
Key facts from the call
- Fiscal 2027 Cortex revenue outlook
- Up approximately 30% year over year
- Fiscal 2027 Idera revenue outlook
- Approximately $1.5 billion, pro forma growth of high teens to 20%
- Fiscal 2027 network and AI security revenue growth outlook
- Low double digits year over year
- Expected second-half share of fiscal 2027 net new NGS ARR
- 60% to 61%
Source: Palo Alto Networks' fiscal fourth-quarter 2026 earnings call, September 1, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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