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Security · Starter · Independent

Palo Alto Networks

Firewalls, cloud and now identity security, built by acquisition.

81OVRStarterDraft · rated on 5 of 6

Ratings

Palo Alto Networks' next-generation security ARR was $9.10bn at the end of fiscal 2026, up 63%, with part of that growth acquired, so organic growth is lower than the headline.

  • Dominance90draft

    Leads security platforms with next-generation security ARR of $9.10bn, against CrowdStrike's $5.84bn.

    sourced investors.paloaltonetworks.com
  • Momentum84draft

    Next-generation security ARR rose 63% and fiscal Q4 2026 revenue rose 34%, with part of the growth acquired.

    sourced investors.paloaltonetworks.com
  • Leverage50draft

    The Atlas states no company that depends on Palo Alto Networks.

    sourced investors.paloaltonetworks.com

    Network base 50, judgment +0.

  • Durability84draft

    Its named risk is that part of the growth is acquired, so organic growth is lower than the headline.

    sourced investors.paloaltonetworks.com
  • Firepower95draft

    Completed the CyberArk purchase on 11 February 2026 for about $25bn, paying $45 in cash plus 2.2005 Palo Alto shares for each CyberArk share.

    sourced paloaltonetworks.com
  • Deal Heatunrated

    The Atlas reports the CyberArk purchase as completed and no further deal activity.

DOM 90MOM 84LEV 50DUR 84FIRE 95HEAT –

Key figures

$3.41bnFiscal Q4 2026 revenue, up 34%$9.10bnNext-generation security ARR, up 63%$20bnTargets by fiscal 2030

From the Atlas key figure: Fiscal Q4 2026 revenue $3.41bn, up 34%. Next-generation security ARR $9.10bn, up 63%. Targets $20bn by fiscal 2030. Source: investors.paloaltonetworks.com.

TickerNASDAQ: PANW
ListedPublic
HQSanta Clara, California
Founded2005
CEONikesh Arora

Profile

Firewalls, cloud and now identity security, built by acquisition.

Security · Security platforms · Starter

Key figure Fiscal Q4 2026 revenue $3.41bn, up 34%. Next-generation security ARR $9.10bn, up 63%. Targets $20bn by fiscal 2030.

Why it leads Bought its way into identity and cloud, so customers consolidate vendors.

What could change it Part of the growth is acquired, so organic growth is lower than the headline.

sourced investors.paloaltonetworks.com

Connections

Rivals

Owners and backers

See Palo Alto Networks and its connections on the map →

Sector standing

No. 2 of 12 rated in Security

  1. 1Microsoft84
  2. 2Palo Alto Networks81
  3. 3Wiz76
  4. 4CrowdStrike73
  5. 4CyberArk73

Ratings by Claude (draft), 2026-11-02, read from the Atlas data under the ratings rubric. Logo: paloaltonetworks.com. CC0 via Simple Icons 16.36.0. The mark is a trademark of its owner.