Revenue $3.41B, up 34.4% on a year earlier. services_revenue $2.67B, up 32.1%. Product Revenue $738.00M, up 43.6%. Diluted EPS -$0.39 against $0.36.
| Q4 FY26 | Q3 FY26 | Q4 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $3.41B | $3.00B | $2.54B | +34.4% |
| Operating income | $172.00M | -$183.00M | $496.90M | -65.4% |
| Net income | -$282.40M | -$177.00M | $253.90M | -211.2% |
| Diluted EPS | -$0.39 | -$0.22 | $0.36 | |
| Operating cash flow | $1.36B | $871.00M | $1.02B | +32.9% |
| Capital expenditures | -$103.00M | -$83.00M | -$86.30M | |
| Free cash flow | $1.25B | $788.00M | $934.50M | +34.2% |
| Q4 FY26 | Q4 FY25 | Year over year | |
|---|---|---|---|
| services_revenue | $2.67B | $2.02B | +32.1% |
| Product Revenue | $738.00M | $514.00M | +43.6% |
| Subscription and support revenue | $2.67B | $2.08B | +28.5% |
| Remaining performance obligation | $21.20B | $15.80B | +34.2% |
| Remaining performance obligation growth | 34% | 24.41% | |
| Next-Generation Security ARR growth | 63% | 32% |
| Period | Measure | Guided | Reported | Result |
|---|---|---|---|---|
| Q4 FY26 | Revenue | $3.35B to $3.35B | $3.41B | above |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Palo Alto Networks (PANW) Q4 FY26 earnings: results and KPIs”, stockatlas.com/companies/PANW/earnings/2026-q4/, data as of 3 November 2026. Links to this page are welcome.
