
Palo Alto Networks (PANW) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Palo Alto Networks (PANW) last issued guidance on September 1, 2026 for fiscal year 2027. The company guided earnings per share in the range of $4.16 - $4.19, compared to a consensus EPS estimate of $2.01. Palo Alto Networks also guided revenue in the range of $14.1B - $14.2B for the period.
Compared to prior guidance, Palo Alto Networks raised its revenue forecast from a prior range of $3.3B - $3.31B.
Palo Alto Networks has issued 32 guidance updates between November 17, 2022 and September 1, 2026. During this period, the company raised its outlook 15 times and lowered it 15 times, providing investors with insight into management's evolving expectations.
| Metric | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.88 | $0.72 | $0.76 | $0.73 |
| Actual | $1.02 | $0.85 | $1.03 | $0.93 |
| Surprise | +15.9% | +18.1% | +35.5% | +27.4% |
| Revenue | ||||
| Estimate | $3.35B | $2.94B | $2.58B | $2.46B |
| Actual | $3.41B | $3.00B | $2.59B | $2.47B |
| Surprise | +1.75% | +1.99% | +0.48% | +0.53% |
| Metric | Q1 '27E | Q2 '27E | Q3 '27E | Q4 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $0.45 | $0.54 | $0.52 | $0.65 |
| Revenue | ||||
| Consensus | $3.22B | — | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q4 | Sep 1, 2026 | $1.02 | $0.88 | 15.9 % |
| Q3 | Jun 2, 2026 | $0.85 | $0.72 | 18.1 % |
| Q2 | Feb 17, 2026 | $1.03 | $0.76 | 35.5 % |
| Q1 | Nov 19, 2025 | $0.93 | $0.73 | 27.4 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q4 | Sep 1, 2026 | $3.41B | $3.35B | 1.75 % |
| Q3 | Jun 2, 2026 | $3.00B | $2.94B | 1.99 % |
| Q2 | Feb 17, 2026 | $2.59B | $2.58B | 0.48 % |
| Q1 | Nov 19, 2025 | $2.47B | $2.46B | 0.53 % |