Palo Alto Networks Q2 FY2026: revenue up 15%, FY26 EPS guidance cut

Palo Alto Networks reported fiscal second-quarter 2026 revenue of $2.59 billion, up 15%, and Next-Generation Security ARR of $6.3 billion, up 33%. It raised fiscal 2026 revenue guidance to $11.28 billion to $11.31 billion, but lowered non-GAAP EPS guidance to $3.65 to $3.70 from $3.80 to $3.90. The company tied the lower profit outlook to integration costs from recent acquisitions.

• Revenue $2.59 billion, up 15% year over year
• Non-GAAP EPS $1.03 versus $0.81 a year earlier; GAAP EPS $0.61
• Next-Generation Security ARR $6.3 billion, up 33%; RPO $16.0 billion, up 23%
• Q3 guidance: revenue $2.941 billion to $2.945 billion, non-GAAP EPS $0.78 to $0.80
• FY2026 Next-Generation Security ARR guidance $8.52 billion to $8.62 billion

SEC filing 8-K · accession 0001327567-26-000003 · sec.gov ↗