Palo Alto Networks beats estimates with $3.41 billion revenue, buys Console

  • Palo Alto Networks acquired Console, an AI-native platform for enterprise AI analysis and action.
  • Revenue reached $3.41 billion, exceeding LSEG analysts’ $3.35 billion estimate.
  • Fiscal 2027 revenue guidance ranges from $14.10 billion to $14.20 billion.

Palo Alto Networks beat fourth-quarter earnings estimates and announced its acquisition of Console, an AI-native platform designed to help organizations apply AI-driven analysis and action across enterprise operations. CEO Nikesh Arora said customers will be able to build agentic workflows (automated AI-directed sequences of tasks) in natural language to flag and remediate issues automatically. The company said widespread AI deployment is increasing cybersecurity requirements and exposing businesses to new risks. Fourth-quarter revenue was $3.41 billion, above the $3.35 billion average estimate compiled by LSEG, while adjusted earnings per share reached $1.02 versus estimates of 98 cents. Palo Alto Networks forecast fiscal 2027 revenue of $14.10 billion to $14.20 billion and adjusted earnings per share of $4.16 to $4.19, both above analyst expectations.

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