Palo Alto Networks Non-GAAP EPS of $0.95 beats by $0.06, revenue of $2.54B beats by $40M

* Palo Alto Networks press release [https://seekingalpha.com/pr/20204210-palo-alto-networks-reports-fiscal-fourth-quarter-and-fiscal-year-2025-financial-results] (NASDAQ:PANW [https://seekingalpha.com/symbol/PANW]): Q4 Non-GAAP EPS of $0.95 beats by $0.06.
* Revenue of $2.54B (+15.5% Y/Y) beats by $40M.

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Palo Alto Networks provides guidance based on current market conditions and expectations.

For the fiscal first quarter 2026, we expect:

* Next-Generation Security ARR of $5.82 billion to $5.84 billion, representing year-over-year growth of 29%.
* Remaining performance obligation of $15.4 billion to $15.5 billion, representing year-over-year growth of 23%.
* Total revenue in the range of $2.45 billion to $2.47 billion vs. consensus of $2.43B, representing year-over-year growth of 15%.
* Diluted non-GAAP net income per share in the range of $0.88 to $0.90 vs. consensus of $0.85, using 709 million to 712 million shares outstanding.

For the fiscal year 2026, we expect:

* Next-Generation Security ARR of $7.00 billion to $7.10 billion, representing year-over-year growth of between 26% and 27%.
* Remaining performance obligation of $18.6 billion to $18.7 billion, representing year-over-year growth of between 17% and 18%.
* Total revenue in the range of $10.475 billion to $10.525 billion vs. consensus of $10.43B, representing year-over-year growth of 14%.
* Non-GAAP operating margin in the range of 29.2% to 29.7%.
* Diluted non-GAAP net income per share in the range of $3.75 to $3.85 vs. consensus of $3.68, using 710 million to 716 million shares outstanding.
* Adjusted free cash flow margin in the range of 38.0% to 39.0%.

* Shares +3.35% AH.