Palo Alto Networks is doubling down on agentic security after a record financial year and buying AI security startup Console.
The cybersecurity company marked a record $11.5 billion in revenue for FY2026, up 24% on last year, after investing in AI services and companies to make the bet that security will “become less manual and more agentic.”
During an earnings call Tuesday, CEO Nikesh Arora said: “We are becoming a data-oriented, AI-first cybersecurity company. Our aspiration is to reduce the amount of human intervention in the act of detection, prevention, and remediation in the cyberspace.”
CFO Dipak Golechha said growth is expected to continue into the next year, projecting $3.3 to 3.31 billion in revenue for Q1 of FY2027 and between $14.1 and $14.2 billion for the year as a whole.
