Palo Alto Networks Q3 FY26 revenue grew 31% YoY to $3.0B with strong NGS ARR growth.

Palo Alto Networks reported fiscal Q3 2026 results with 31% revenue growth to $3.0 billion and Next-Generation Security ARR accelerating 60% to $8.1 billion, driven by AI security demand. The company raised guidance and projects 40% adjusted free cash flow margin by FY28, signaling strong execution and profitability improvements.