Palo Alto Networks Inc
Close on Nov 2, 2026Market cap $287.71BP/E –Yield –
Palo Alto Networks Next-Generation Security ARR (NGS ARR) by Quarter
Next-Generation Security ARR (NGS ARR) ($B)
Palo Alto Networks Next-Generation Security ARR (NGS ARR): $9.10B in Q4 FY26, up 62.5% from a year earlier. That is the highest of the 16 quarters on record here.
Where the Q4 FY26 figure comes from
“Next-Generation Security ARR for the fiscal fourth quarter 2026 grew 63% year over year to $9.10 billion”
Source: Earnings Release (Form 8-K FY2026Q4) (filed 2026-09-01) ↗
Annualized allocated revenue of all active Next-Generation Security (Prisma Cloud, Cortex, Strata Cloud Manager & AI/Cloud Security subscriptions) contracts at period end; reached $9.10B (+63% YoY) in Q4 FY26.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
Breakdown
What makes up next-Generation Security ARR (NGS ARR)
Cite this data
StockData. (2026). Palo Alto Networks Next-Generation Security ARR (NGS ARR), quarterly Q4 FY21–Q4 FY26 [Data set]. Compiled from Palo Alto Networks SEC filings and investor materials. https://stockdatahq.com/stocks/panw/kpis/ngs-arr-b
See every metric in the Palo Alto Networks KPI table. Data updated Oct 25, 2026.