Palo Alto Networks Q2 FY 2026: ARR Accelerates as Platform Strategy Scales

Palo Alto Networks reported solid Q2 FY 2026 results, with revenue up 15% year-on-year, driven by strong platformization momentum across SASE, software firewalls, and AI SOC. The company’s strategy focuses on unifying cybersecurity stacks, expanding next-generation security demand, and integrating recent acquisitions to enhance identity and observability at scale. Management provided an elevated outlook for revenue, next-generation security ARR, and RPO, underscoring continued demand for its multi-pillar security approach.

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