26 October 2026
Palo Alto Networks Inc
CIK: 1327567•3 Annual Reports•Latest: 2026-09-10
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.
10-K / September 10, 2026
Revenue:$11,480,000,000
Income:$307,000,000
10-K / August 29, 2025
Revenue:$9,221,500,000
Income:$1,133,900,000
10-K / September 6, 2024
Revenue:$8,027,500,000
Income:$2,577,600,000
10-K / September 10, 2026
Palo Alto Networks, Inc.
Company overview
- Founded: 2005
- Headquarters: Santa Clara, California
- Vision: A world where each day is safer and more secure than the day before
- Core strategy: Platformization — combine multiple products and services into integrated platforms to cover broad security needs and simplify customer architectures
Platform architecture and primary platforms
Network & AI Security Platform
- SASE: Prisma Access (cloud-delivered security) and Prisma SD-WAN; Prisma Browser (browser-based extension)
- NGFWs: ML-powered Next-Generation Firewalls (hardware and software), including CN-Series (containerized) and VM-Series (virtual)
- Cloud-Delivered Security Services (CDSS): a suite of AI-powered security capabilities that complement SASE and NGFWs, including Advanced Threat Prevention, Advanced WildFire, Advanced URL Filtering, Advanced DNS Security, Device Security, Quantum Security, Next-Gen Trust Protection, GlobalProtect, Prisma Access Agent, Enterprise DLP, and AI Access Security
- Prisma AIRS: AI security platform for discovering, assessing, and protecting AI agents, applications, models, and data across the AI lifecycle
- Strata Cloud Manager (SCM): AI-powered unified network security management and operations; includes Strata Copilot and ADE M
Cortex (security operations, cloud security, and observability)
- Security Operations: Cortex XSIAM (SIEM/XDR), Cortex XDR (endpoint, network, cloud, identity security), Cortex XSOAR (SOAR), Cortex Xpanse (ASM), Koi Agentic Endpoint Security
- Cloud Security: Cortex Cloud (CNAPP + CDR) for cloud protection across code, workloads, and APIs
- Observability: Chronosphere for real-time observability in cloud-native environments, and Chronosphere Telemetry Pipeline for telemetry transformation and routing
Identity and Access Security (Idira)
- PAM: Just-in-Time privilege elevation and least-privilege posture
- IAM: SSO, MFA, automated lifecycle, and contextual authentication
- Endpoint Privilege Manager: least-privilege enforcement at the OS level
- Identity Governance: AI-assisted compliance and access reviews
- Workforce Password Management: centralized management for non-federated applications
- Vendor Privileged Access: secure third-party access with session control and playback
- Secrets Management / Secrets Hub / Credential Providers: management of non-human credentials and dynamic secret provisioning
- Secure AI Agents: discovery, onboarding, and governance of AI agents with gateway controls
Threat Intelligence and Advisory Services
- Unit 42: threat research, incident response, and security consulting
- Managed detection and response (MDR) and managed threat hunting
- Frontier AI Defense services announced in April 2026 to address threats from next-generation AI models
Services
- Global customer support tiers (Standard, Premium, Platinum) and Focused Services
- Professional services for architecture, deployment, and integration; partners also provide service delivery
Notable product and capability highlights (as of fiscal 2026)
- PAN-OS 12.1 Orion, Prisma AIRS 2.0, NGTS, and Prisma AIRS 3.0 introduced in fiscal 2026
- AI and automation are used across platforms to unify and streamline security operations and cloud protection
Acquisitions (completed or in market as of 2026)
- Chronosphere, January 2026: formed next-generation observability platform
- CyberArk Software Ltd., February 2026: formed next-generation identity security platform
- Koi, April 2026: adds agentic endpoint security to Prisma AIRS
- Portkey, May 2026: enhances Prisma AIRS capabilities (AI Gateway-related)
- Embrace Mobile, July 2026: entered into a definitive agreement to acquire (RUM capabilities)
- Console Systems, July 2026: entered into a definitive agreement to acquire (AI-native platform for agentic workflows in Cortex)
- These acquisitions expand platform capabilities and integration across Cortex, AIRS, and related offerings
Global footprint and scale
- Prisma Access: cloud-delivered security with global reach (more than 100 locations worldwide)
- The company describes global operations, product deployments, and post-sale services (support and professional services) as core to delivering security outcomes to customers
