Palo Alto Networks (PANW) Earnings Analysis

Palo Alto Networks (PANW) delivered mixed results in Q3 FY2026 on revenue of $3.0B versus the $2.9B estimate (+31.1% YoY) and EPS of $0.85. The next Palo Alto Networks (PANW) earnings date is Aug 17, 2026. Below is the full Palo Alto Networks earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Palo Alto Networks (PANW) Earnings Analysis — key stats

Next earnings dateAug 17, 2026
Latest reported quarterQ3 FY2026
Earnings verdictMixed
EPS beat rate6 of last 8 (quarters above estimate)
Avg next-day move±5.9% (over the last 8 reports)
Post-earnings directionUp 4 / Down 4 (of the last 8 reports)
Implied move (next report)±16.6% (options-derived · into Aug 17, 2026)
Revenue$3.0B (vs $2.9B est · +2.0% surprise · +31.1% YoY)
EPS$0.85 (vs $0.79 est · +7.2% surprise · -174.4% YoY)
Share price$348.06 (-1.1%)
Market cap$237.2B

Palo Alto Networks (PANW) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q2 2026$3.0B vs $2.9B est$0.85 vs $0.79 est+7.2%-6.7%Mixed
Q1 2026$2.6B vs $2.6B est$1.03 vs $0.94 est+9.7%-8.7%Mixed
Q4 2025$2.5B vs $2.5B est$0.93 vs $0.89 est+4.4%-7.9%Mixed
Q3 2025$2.5B vs $2.5B est$0.95 vs $0.89 est+7.3%+2.5%Mixed
Q2 2025$2.3B vs $2.3B est$0.80 vs $0.77 est+3.6%-6.7%Mixed
Q1 2025$2.3B vs $2.2B est$0.81 vs $0.78 est+4.0%+1.7%Mixed
Q4 2024$2.1B vs $2.1B est$0.78 vs $1.48 est-47.3%+2.5%Mixed
Q3 2024$2.2B vs $2.2B est$0.75 vs $1.41 est-46.8%+10.1%Mixed

What you'll find

Frequently asked questions

When is Palo Alto Networks's next earnings date?
Palo Alto Networks's (PANW) next scheduled earnings date is Aug 17, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Palo Alto Networks (PANW) beat or miss earnings?
In Q3 FY2026, Palo Alto Networks (PANW) posted mixed results — revenue of $3.0B versus the $2.9B estimate (+2.0% surprise) and EPS of $0.85 versus $0.79 expected (+7.2% surprise). Magnisto decodes every Palo Alto Networks (PANW) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Palo Alto Networks beat earnings estimates?
Over its last 8 reported quarters, Palo Alto Networks (PANW) beat Wall Street EPS estimates 6 times, most recently a mixed result in Q2 2026. Magnisto tracks every Palo Alto Networks (PANW) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Palo Alto Networks stock move after earnings?
Over its last 8 quarterly reports, Palo Alto Networks (PANW) moved an average of ±5.9% the day after earnings — ranging from -8.7% (Q1 2026) to +10.1% (Q3 2024). The stock rose after 4 of those 8 reports and fell after 4. Heading into its next report on Aug 17, 2026, options-implied volatility is pricing in a move of roughly ±16.6% (derived). Magnisto tracks the realized post-earnings move for every Palo Alto Networks (PANW) quarter alongside the beat/miss verdict — past moves don't predict the next one.
What is the forecast for Palo Alto Networks (PANW) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Palo Alto Networks (PANW), anchored to the current $348.06 share price, so you can weigh the bull, base and bear cases for Palo Alto Networks side by side.
Is Palo Alto Networks (PANW) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Palo Alto Networks fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.