Palo Alto Networks reached an $11.4 billion revenue run rate. Next-Gen Security ARR stood at $8.13 billion, up 60% according to SaaStr. Platformized customers reached approximately 2,280 with 120% net revenue retention. Total revenue for the quarter ended April 30 came to $3.0 billion, up 31%.
Palo Alto Networks completed a $25 billion acquisition of CyberArk in February 2026. The company also acquired Chronosphere for $3.35 billion in January 2026.