Palo Alto Networks Inc
Close on Nov 2, 2026Market cap $287.71BP/E –Yield –
Palo Alto Networks Next-Generation Security ARR (NGS ARR) by Year
Next-Generation Security ARR (NGS ARR) ($B)
Palo Alto Networks Next-Generation Security ARR (NGS ARR): $9.10B in FY2026, up 62.5% from a year earlier.
Where the FY2026 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 $9.10B (+63% YoY) in Q4 FY26.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Next-Generation Security ARR (NGS ARR) ($B) | Year on year | Source |
|---|---|---|---|---|
| FY2026 | Jul 31, 2026 | 9.10 | +62.5% | Earnings Release (Form 8-K FY2026Q4) (filed 2026-09-01) ↗ |
| FY2025 | Jul 31, 2025 | 5.60 | +33.3% | Earnings Release (Form 8-K FY2025Q4) (filed 2025-08-18) ↗ |
| FY2024 | Jul 31, 2024 | 4.20 | – | Earnings Release (Form 8-K FY2024Q4) (filed 2024-08-19) ↗ |
| FY2022 | Jul 31, 2022 | 1.89 | +60.2% | Earnings Call Transcript FY2022Q4 ↗ |
| FY2021 | Jul 31, 2021 | 1.18 | – | Earnings Call Transcript FY2021Q4 ↗ |
Breakdown
What makes up next-Generation Security ARR (NGS ARR)
Cite this data
StockData. (2026). Palo Alto Networks Next-Generation Security ARR (NGS ARR), annual FY2021–FY2026 [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.