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Palo Alto Networks Sees Revenue Surge, Acquires AI Firm Console

1 Sep

Summary

Palo Alto Networks reported a fourth-quarter loss despite a 34% revenue increase.
Next-Generation Security ARR surged 63% to $9.10 billion in the quarter.
The company announced the acquisition of AI-native platform Console.

Palo Alto Networks Inc. reported a net loss of $282 million for its fourth quarter, even as revenues climbed by 34% year-over-year to $3.41 billion. The company's Next-Generation Security Annual Recurring Revenue (ARR) demonstrated robust growth, surging by 63% to reach $9.10 billion during the same period.

Looking ahead, the company has issued guidance for the first quarter, projecting revenues between $3.30 billion and $3.31 billion. For the full fiscal year 2027, Palo Alto Networks anticipates revenues in the range of $14.10 billion to $14.20 billion. In a strategic move to bolster its artificial intelligence capabilities, the firm also announced its acquisition of Console, an AI-native platform designed to enable agentic workflows across enterprise operations.

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