Palo Alto Networks Inc (PANW.NE) Q1 2026 Earnings Report

Palo Alto Networks delivered a robust start to QQ1 2026, with revenue of $2.474 billion, marking a 12.99% year-over-year gain and an 8.08% quarter-over-quarter rise. Gross profit of $1.836 billion produced a 74.21% gross margin, underscoring the durability of PANW’s software-driven mix and subscription-based model. Operating income reached $309 million (≈12.49% margin) and EBITDA stood at $412 million (约16.65% margin), reflecting continued operating leverage even as the company invests aggressively in R&D and go-to-market expansion to support multi-product adoption and cloud-security offerings. Net income was $334 million (net margin ≈13.50%), with diluted EPS of $0.47. While YoY net income declined about 6.6%, QoQ net profit surged ≈27.4% as the quarter benefited from favorable mix, cost management, and higher top-line contribution.