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Palo Alto Networks Hits $2.6 Billion Revenue and $16 Billion Backlog

PANW10-QFiling Date: 2/18/2026
Palo Alto Networks, Inc.
Description

What this story covers

Palo Alto Networks reported 15 percent revenue growth to 2 point 6 billion dollars, driven by a shift to subscriptions and AI-powered platforms. With 7 point 9 billion dollars in cash and a 16 billion dollar backlog, the company is aggressively pursuing its "platformization" strategy through major acquisitions.

Story snapshot

CompanyPalo Alto Networks, Inc.
TickerPANW
VariantStandard detailed
Duration17:57
Filing type10-Q
PeriodQ2 2026
IndustryTechnology
Accession0001327567-26-000005
Sources1

Full Story Script

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Primary Sources

sec_filing10-QView on SEC.gov →

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