Palo Alto Networks 3Q 2026: Revenue $3B, EPS ($0.22) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Palo Alto Networks reported Q3 fiscal 2026 revenue of $3B, a 31.1% increase year-over-year, driven by growth in subscription and product segments. The company posted a net loss of $177M and diluted EPS of ($0.22). Key developments include closing acquisitions of Chronosphere, CyberArk, Koi, and Portkey to enhance security capabilities, expanding its global footprint to over 180 countries, and increasing investments in R&D and cloud infrastructure.
Palo Alto Networks reported third-quarter fiscal 2026 results with total revenue of $3B, up 31.1% from $2.29B a year earlier, while the company posted a net loss of ($177M) and diluted EPS of ($0.22) for the quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $3B | $2.29B | 31.1% |
| Net income² | ($177M) | $262M | (167.6%) |
| Diluted EPS³ | ($0.22) | $0.37 | (159.5%) |
¹ Reported as “Total revenue”. ² Reported as “Net income (loss)”. ³ Reported as “Net income (loss) per share, diluted”.
Business Highlights
- Subscription and support revenue and product revenue each grew about 31%, driving the 31% overall revenue increase.
- Company maintained a two-tier indirect sales model and expanded its global footprint, serving customers in more than 180 countries with increased Americas sales.
- Continued platform push across network (SASE/NGFW), Cortex security operations, Chronosphere observability, Idira identity security and Prisma AIRS AI security.
- Closed multiple acquisitions in 2026 — Chronosphere (Jan), CyberArk (Feb), Koi (Apr) and Portkey (May) — to bolster identity, observability, agentic endpoint and AI gateway capabilities.
- Invested in R&D, sales and support headcount and increased cloud hosting spend to scale subscription delivery and product innovation.
Original SEC Filing: Palo Alto Networks Inc [ PANW ] - 10-Q - Jun. 02, 2026