Companies · PANW
Palo Alto Networks
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Revenue
$11.5B
PANW 10-K · FY 2026
Employees
21,921
Revenue growth YoY
+14.9%
Founded
2005
Profile
PANW 10-K Item 1 · Sep 10, 2026Palo Alto Networks is a global AI cybersecurity provider headquartered in Santa Clara, California, offering integrated security platforms spanning network security, cloud security, security operations, identity security, and observability. The company serves enterprises, service providers, and government entities across a wide range of industries worldwide. Its core strategy is platformization — consolidating disparate point security products into tightly integrated architectures.
Read filing description ↓ Collapse description ↑
Palo Alto Networks, Inc. is a global artificial intelligence ('AI') cybersecurity provider and our vision is a world where each day is safer and more secure than the one before. We were incorporated in 2005 and are headquartered in Santa Clara, California. Our mission is to be the cybersecurity partner of choice, protecting our digital way of life. Our platforms and services help secure enterprise users, networks, clouds, endpoints, AI apps and agents, and identities by delivering comprehensive cybersecurity backed by AI and automation, and provide real-time visibility and monitoring across cloud infrastructure, applications and AI workloads. A key element of our strategy is to help our customers simplify their security architectures through consolidating disparate point products. We execute on this strategy by developing our capabilities and packaging our offerings into platforms, which are able to cover many of our customers' needs in the markets in which we operate. Our platformization strategy combines various products and services into a tightly integrated architecture for more secure, faster, and cost-effective outcomes. Our main platforms are Network & AI Security, Cortex, and Idira, supported by Threat Intelligence and Advisory Services through Unit 42. Our end-customers consist of enterprises, service providers, and government entities operating in education, energy, financial services, government, healthcare, Internet and media, manufacturing, public sector, and telecommunications. A substantial portion of sales are made through a two-tier indirect channel model involving distributors and resellers. No single end-customer accounted for more than 10% of total revenue in fiscal 2026, 2025, or 2024.
Primary products
- Prisma Access
- Prisma SD-WAN
- Prisma Browser
- ML-Powered Next-Generation Firewalls (NGFWs)
- Cloud NGFW
- Advanced Threat Prevention
Business segments
End markets
Geographies
Named competitors
“We believe we generally compete favorably with our competitors on the basis of these factors as a result of the features and performance of our portfolio, the ease of integration of our security solutions with technological infrastructures, and the relatively low total cost of ownership of our products.” Competitive position, as stated in the filing
Revenue commentary · FY 2026
Total revenue grew from $9.221 billion in fiscal 2025 to $11.480 billion in fiscal 2026, driven by growth in both product revenue and subscription and support revenue.
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